The US Job Report (NFP) ignites the markets:
How will it affect the current movement of Ethereum?
💼📊Traders’ attention is on today’s data from the US Non-Farm Payrolls (NFP) report for September [1.3.3، 1.3.9]. The forecasts point to the addition of 90,000 jobs—the figure that will determine the Federal Reserve’s next interest-rate decision.
A look at the attached chart: Ethereum ETH/USDT is currently in a state of high anticipation around the $2,724 level after attempting to break above the $2,748 peak. Stronger-than-expected jobs data could strengthen the US dollar and pressure the coin to test lower support levels at $2,635, while any slowdown in hiring would act as fuel for a price explosion that could knock out current resistance levels toward new highs.
The markets are on thin ice right now, and the upcoming moves will be extremely violent—watch the chart closely! 🚀
What are your expectations for Ethereum’s next move immediately after the report is released?
Share your thoughts in the comments 👇
#NFPWatch
#EthereumNews
#ETH
#CryptoTrading
#USEconomics
How will it affect the current movement of Ethereum?
💼📊Traders’ attention is on today’s data from the US Non-Farm Payrolls (NFP) report for September [1.3.3، 1.3.9]. The forecasts point to the addition of 90,000 jobs—the figure that will determine the Federal Reserve’s next interest-rate decision.
A look at the attached chart: Ethereum ETH/USDT is currently in a state of high anticipation around the $2,724 level after attempting to break above the $2,748 peak. Stronger-than-expected jobs data could strengthen the US dollar and pressure the coin to test lower support levels at $2,635, while any slowdown in hiring would act as fuel for a price explosion that could knock out current resistance levels toward new highs.
The markets are on thin ice right now, and the upcoming moves will be extremely violent—watch the chart closely! 🚀
What are your expectations for Ethereum’s next move immediately after the report is released?
Share your thoughts in the comments 👇
#NFPWatch
#EthereumNews
#ETH
#CryptoTrading
#USEconomics
