Crypto Industry News:
An app purporting to be a Trezor cryptocurrency hardware wallet has been removed from the Apple App Store.
On June 20, managing partner at Crypto Lawyers, Rafael Yakobi, issued a warning about the App Store. Yakobi reported that the first search result for "Trezor" was a fake app designed to steal cryptocurrencies.
"The Trezor Wallet Suite app has been running for weeks, but the total number of victims is unknown. It could easily reach hundreds or thousands of users."
After searching the App Store, the malicious app referenced by Yakobi is in vain. After receiving a warning, Apple usually quickly removes suspicious or fraudulent apps from its store.
However, a search for "Trezor Wallet Suite" turned up another potentially fake app called "MyTREZOR Suite: One Edition". It only had two reviews, both warnings that the app was a scam that was stealing cryptocurrencies.
The safest way to download mobile applications for cryptocurrency wallets is the official website of the manufacturer. While there is an app available for Trezor iOS users, it has limited features.
According to Apple's news site 9to5mac.com, the world's largest tech company isn't too friendly when it comes to crypto applications. They are to be approved only under very specific circumstances.
Technical Market Outlook:
The ETH/USD pair has been consolidating the recent gains in a narrow zone with an occasional dip to the level of $1,837 that now will act as the intraday technical support. The intraday technical resistance is located at $1,911 and price is heading towards that level quickly. The momentum is still strong and positive, so the breakout to the upside might happen any time now. The next target for bulls is the level of $2,000.
Weekly Pivot Points:
WR3 - $1,958
WR2 - $1,919
WR1 - $1,898
Weekly Pivot - $1,881
WS1 - $1,859
WS2 - $1,842
WS3 - $1,809
Trading Outlook:
The Ethereum market has been seen making lower highs and lower low since the swing high was made in the middle of the August 2022 at the level of $2,029. This is the key level for bulls, so it needs to be broken in order to continue the up trend. The key technical support is seen at $1,368, so as long as the market trades above this level, the outlook remains bullish.
