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Best Stocks, Cryptocurrency, and ETFs to Watch: ETH, FDX, FXI, and ATVI
In the previous seven weeks, Ethereum has outperformed Bitcoin by a country mile, maintaining close to rally highs from November.
Ethereum (ETH)
In the previous seven weeks, Ethereum (ETH) has beaten Bitcoin (BTC) by a country mile, remaining considerably closer to November rally highs. It has only retraced 19% since then, while the crypto king has given up roughly 29 percent. Furthermore, the fall has found support at the.382 Fibonacci retracement of the September gain, but BTC is fighting to retain the.786 retracement. Moreover, unlike its competitor, ETH has not failed to break above the May high.
Peloton Interactive Inc. (PTON)
We’re approaching the December triple witching options expiry, which will be the final chance for fund managers to lock in 2021 gains (or losses) before the holidays. Volatility and two-sided activity are likely to rise, with growth, inflation, and Omicron all jostling for traders’ attention. The week might be an excellent time to think differently and expect Peloton Interactive Inc. (PTON) to roast short sellers as it continues its 61 percent six-week decline to a 19-month low.
