Archivio per categoria: Forex Education

Stable economies like the US or Japan tend to attract a large amount of foreign investment, which helps increase the value of their currencies. Whereas less stable economies receive less investment, which leads to a weaker currency. The quotation of two different currencies being traded, by which the value of one is compared to the value of the other, is called a ‘currency pair’. According to its literal meaning, a safe haven is “​a place where somebody can go to be safe from danger or attack.” In the Forex world, this term refers to currencies that traders refer to in times of financial instability.

The currency code indicates how much quote currency is required to purchase the base currency. The first price listed is the bid price, and the other is the ask price. When buying a currency pair, a person buys one currency in exchange for another. The difference between the bid and ask price is called a spread indicated by pips. Currency pairs are written as a forex quote consisting of two separate currencies. The first in the forex currency pair is always the base currency, whereas the second currency is the quote currency.

Fundamental analysis involves analyzing a country’s economic data and upcoming catalysts that could change lead to price changes. Therefore, a person should look at strong fundamentals as a positive factor in the value of a currency. Exotic pairs will be less liquid, and spreads can be significantly wider. A currency pair is a combination of two currencies their values compared against each other.

For example, if American interest rates are low, USD would probably weaken against AUD and it would cost more US dollars to buy one Australian dollar. Forex is the largest and most volatile market in the world with hundreds of currency combinations to choose from. To simplify things, here are the ten most traded forex pairs on the market. Majors have the highest liquidity of the four types of currency pairs; but, since these currencies are usually easier to evaluate, trading majors can be crowded and competitive. Since traders from all over the world exchange currencies on the market, having 24 hours allows individuals to participate despite time zone differences.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Discover the range of markets you can spread bet on – and learn how they work – with IG Academy’s online course. Economic growth in South Korea has been so impressive – especially since the end of the Korean war in 1953 – that people often refer to it as the Miracle on the Han River. FX Central Clearing Ltd (/eu) provides services to the residents of countries from the European Economic Area only.

Both currencies will have exchange rates on which the trade will have its position basis. All trading within the forex market, whether selling, buying, or trading, will take place through currency pairs. Hundreds of currencies are traded across the foreign exchange market in a complex array of combinations; however, research suggests that around 85% of all forex activity is conducted using just seven distinct currency pairs. These are known collectively as the ‘majors’, and all involve the USD dollar — the primary global reserve currency and the most widely used currency internationally — as one half of the pair. Major Pairs– Major pairs are global currencies typically paired against the USD, and make up more than 80% of international forex trading. Minor pairs, also known as cross-currency pairs, don’t contain the US dollar, but still include widely traded currencies like the euro, British pound, and Japanese yen.

Just because someone makes a good living off one pair does not mean the pair would fit into your strategy. Interest rates set by the Bank of England and the European Central Bank are also important to watch for EUR/GBP. The price of EUR/GBP has been extremely volatile in the run-up to the UK’s exit from the EU. Because of the geographical location and good trading ties between Europe and the United Kingdom, this is a challenging pair to forecast. This trading pair is also known as trading the “loonie.” This pair has a negative correlation with the AUD/USD, GBP/USD, and EUR/USD. GBP/USD is popularly known as the “cable.” The pair has a negative correlation with the USD/CHF but a positive correlation with the EUR/USD.

This currency pair is more volatile than “The Fiber” or “The Gopher”, due to the frequent price fluctuations it experiences. This volatility is preferred amongst certain traders as it creates the opportunity to create larger returns. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

Due to the overall lower degree of liquidity, exotic currency pairs tend to be far more sensitive to economic and geopolitical events. In forex, it’s based on the number of active traders buying and selling a specific currency pair and the volume being traded. While there are EIGHT major currencies, there are only SEVEN major currency pairs.

In addition, more than 20 countries outside the Eurozone have pegged their currencies to the Euro in order to stabilise their exchange rates, such as Bulgaria, Bosnia, and about 15 African countries. The Euro is the 2nd most traded currency, and the 2nd largest reserve currency. Japanese yen – Historically, the Japanese yen has proved on multiple occasions its ability to rise from the ashes of market volatility and uncertainty. For example, during financial turmoil like the financial crisis of 2008, while many currencies were depreciating, the Japanese yen rose by almost 20%. However, despite its safe-haven status, the yen has at times experienced depreciation. The Swiss Franc is also known in the currency trading world as the Swissie and the currency code, CHF comes from the old Latin name for Switzerland, Confoederatio Helvetica with the F standing for Franc.

When buying a currency pair, they buy one currency in exchange for another one. The foreign exchange market is centred around the practice of buying quantities of different global currencies with a view to making a profit through the disparity in relative value between them. The primary difference is that when trading commodities you are speculating on the price moves of physical items such as gold, wheat, cocoa, crude oil and others. Currency trading is speculating on the relative value of one country’s currency versus another.

What are the Majors?

However, in recent years, the US dollar’s safe-haven status has been questioned, especially during 2020’s Coronavirus pandemic, where it fluctuated. Furthermore, there are a total of 8 major currency pairs; all of them involve the US Dollar. If the US dollar is not one of the currencies in the pair, it is not considered a major currency pair. In fact, EURUSD is the most traded currency pair in the world that takes about 30% of the total multi-billion dollar Forex turnover. And it is not surprising since the economies of the US and the European Union are the largest ones. Being one of the world’s most liquid markets, Forex involves various currency pairs.

The reason that they are called exotic currency pairs has nothing to do with the location of the country, but rather the additional challenges involved in trading these currency pairs. Exotic currency pairs are generally illiquid, with wider spreads and fewer market-makers. Examples of exotic currency pairs include the South African Rand , the Hong Kong Dollar and the Mexican Peso . In light of this, this article will reveal what currency pairs are, and take you through the most traded currency pairs in the forex market today. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

USD/CHF is a popular currency pair because the Swiss financial system has historically been a safe haven for investors and their capital. Keep in mind that increased volume contributes to increased liquidity and market stability. This does not necessarily imply eur usd that these are the best pairs to trade. Scalpers tend to trade the most common currency pairs, with EUR/USD, USD/CHF, GBP/USD, and USD/JPY being their top picks. A currency pair is the listing of two different currencies, their values quoted against each other.

May 2022 Market Wrap

Affectionately nicknamed after the flightless bird famously endemic to New Zealand that’s pictured on its $1 coin, the New Zealand dollar was introduced as the country’s official currency in 1967 to replace the British pound. Originally pegged to its historical predecessor, GBP, the NZD is now considered a free-flowing currency, mainly affected by New Zealand’s agriculture and tourism data releases. The Swiss Confederation is also notable for being a close trading partner with its European neighbours without formally being part of the eurozone itself. As a result, the Swissie pair has always displayed a near-perfect negative correlation with EUR/USD, meaning that one rises as the other falls and vice versa — it also has a similar negative correlation with gold. Despite its comparatively small landmass, International Monetary Fund statistics have indicated that the UK has the fifth largest GDP of any country worldwide. Its economy is also closely linked to that of the neighbouring EU, which is why the GBP/USD pair has many behavioural similarities with the Euro.

For instance, a change in a country’s interest rate can impact the appreciation or depreciation of a currency pair. When a central bank raises interest rates, it can increase the value of a country’s currency, whereas lower interest rates can decrease the value of a country’s currency. Within a pair, there are two parts – the base currency and the quote currency. The base is the first currency in a pair, and it’s the currency the trader believes will rise or fall against the quote currency. For example, if you were to sell Japanese yen versus US dollar (JPY/USD), it means that you anticipate that the price of the Japanese yen will fall against the USD dollar. US dollar – the greenback has always been a safe-haven currency for traders as it is the reserve currency of the world’s largest economy and has the most market liquidity.

Most Traded Currency Pairs

Today, with all areas having access to technology, the industry has seen exponential growth. People from rich countries like the United States and those from poor countries like Zimbabwe are participating in this trade. Another significant pair, this one is made up of the Australian dollar and the US dollar. The value of commodities exported by Australia, such as iron ore, gold, and coal, as well as interest rates set by the Reserve Bank of Australia and the US Federal Reserve, influence this pair. Compared to the crosses and exotics, price moves more frequently with the majors, which provides more trading opportunities.

For example, due to the size and strength of the United States economy, the American dollar is the world’s most actively traded currency. The US dollar and Swiss franc currency combination, popularly known as trading the “Swissie”, may appear to be an unexpected inclusion given Switzerland’s small global economy. However, this currency combination is popular because to Switzerland’s strong image. Despite being less liquid than the other major pairs listed, it remains a popular choice among traders. Political events can have a considerable bearing on the strength of currencies – Great Britain’s exit from the EU is an excellent example of this.

Currency trading

The larger the volume the higher the liquidity as more traders are buying and selling these currencies. Both the relatively lower volatility and the popularity of its trade are reflective of the fact that the European Union and the United States represent the two largest economies in the world. Of course, the EUR/USD is not immune to volatility though and still subject to price shocks. The forex major currency pairs are a series of currencies that are commonly traded. Due to the fact that these pairs are popularly and often traded, the price bands tend to be narrower but–like all currencies–they’re still subject to the volatility of the market. So, the British pound, the Japanese yen, the Swiss franc, the Australian, and the Canadian dollars will make up the most actively traded currency pairs together with the US dollar and the Euro.

Remember that the forex market can be volatile and trading with leverage can greatly increase the chance of losses for traders. Therefore, we advise you to consult our risk management section and familiarise yourself with stop-loss measures as part of an effective trading strategy. ​​ is open 24 hours a day, from Sunday evening until Friday night, which takes advantage of the international time zone differences of London, Tokyo and New York.

Trading in Forex, which is short for Foreign Exchange, has surged in popularity in the 21st century amongst individual retail traders, who trade on both a professional and non-professional basis. Although FX trading has been an important part of the larger banking system for centuries, this area has long been inaccessible to the individual. USD/CHF. This currency pair sets the US dollar against the Switzerland robinhood penny stocks currency. USD/GBP. This currency pair sets the US dollar against the United Kingdom pound and is commonly referred to as the pound-dollar. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument.

It essentially defines monetary policy, regulates and issues money, with its head office located in Frankfurt . Following the ISO4217 standard, currencies appear as three-letter codes, which tend to be formed from two letters that stand for the region, and one that stands for the currency itself. For instance, USD stands for the United States dollar and JPY for the Japanese yen. Each currency pair has a ‘base’ which is the first denoted currency, and a ‘counter’ which is the second denoted currency.

Plan your trading

The British Pound the oldest currency globally that is still in circulation. It is also the third most popular reserve currency , plus the fourth most traded currency. With the UK leaving the EU after Brexit in 2020, the Pound is unlikely to adopt the Euro any time soon.

Exchange rates fluctuate based on which currency is stronger at the moment. Imagine each currency pair constantly in a “tug of war” with each currency on its own side of the rope. The information on this website (“Information”) is strictly not intended for any person in any jurisdiction where it is unlawful to access or use such information.

It is the world’s largest and most liquid currency pairs in financial market. EUR/USD is the most popular currency pair on the forex market featuring the two largest currencies, with transactions making up approximately 24% of daily forex trades. If you want to test your trading strategy with popular Forex pairs, try our free demo account which includes live market quotes and a range of Forex trading indicators. You’ll be able to view in real-time how the currency pairs perform and familiarise yourself with the trading tools and terminology.

Major Forex Currency Pairs: A summary

With a stable financial system and government, traders turn to the franc in times of economic uncertainty. Although it is less liquid than the other major pairs listed, it’s still a popular choice among traders. The foreign exchange market is the largest and most liquid market in the world. It offers exchanges between any two nation’s currencies and includes major, minor and exotic currencies. The result is a market that offers hundreds of possible currency pairs to trade.

While they are considered safe-haven currencies it should be noted that even safe-havens have the tendency to depreciate at times, and so traders should not completely rely on them. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. These pairs have shown the minimum trading volume at the time of this writing. It is often argued that the top traded pairs are also the most predictable ones.

You can trade nearly 100 currency pairs with easyMarkets, including major, minor and exotic pairs. Known as “The Gopher”, this currency pair is one of the most popular pairs amongst traders. This means that traders can buy and sell the currency pair without experiencing significant fluctuations in the exchange rate. The US Dollar, Euro, Yen and the other popular currencies combine as pairs to make the Majors, as described earlier in the guide. 77% of retail investor accounts lose money when trading CFDs with this provider.

Authorised and regulated by Cyprus Securities and Exchange Commission in the Republic of Cyprus at 19 Diagorou Str. Deemed authorised by the Prudential Regulation Authority and is subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Another condition offered as a standard feature on easyMarkets accounts, this ensures you are protected when you trade.

The first currency in the pair is called the base currency, the value of which is quoted against the second currency or quote currency. The U.S. Dollar is by far the most heavily traded currency being on 88 percent of all trades trade99 review in 2019. Dollar by being on 32 percent of transactions, and the Japanese Yen is on 17 percent. When purchasing stock, a person exchanges a currency, such as the U.S Dollar, for either a share of a business or a commodity.

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the ECA price. The most recent Death Cross in the Bitcoin market happened 192 days ago, on Jan 11, 2022.

When trying to predict the Electra price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.

What can I do to prevent this in the future?

Currently, the RSI value is at 48.53, which indicates that the ECA market is in a neutral position. Based on our Electra forecast, it’s now a bad time to buy Electra. Learn more about the Electra Protocol blockchain network and how it works or follow the price of its native cryptocurrency XEP and the broader market with our unique COIN360 cryptocurrency heatmap. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community. This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more.

The percent change in trading volume for this asset compared to 1 hour ago. Other aspects of the platform that should be of interest are that it is essentially decentralized and it is also democratized in such a way that the community can be a part of the developmental aspects of the project. Community-driven projects create their own organic hype and this way, they are able to sustain the system despite the inherent functionality of the platform, a good example is that of bitcoin. The technological framework of the platform heavily relies on the proof of stake algorithmic consensus, whereby holders of the token can stake the coin in their wallet. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice.

You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. They are the best choice for those storing a lot of value or planning to hold long term. The very good thing about this platform is the fact that it thrives on the proof of stake consensus, which is by far and large better than the alternate proof of work consensus algorithm. The platform further gives the holder of its coin the privileges to stake their coins and get rewards after a set period of time, which is approximately 50% annually. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.

What is today`s Electra price?

Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. Past performance is not necessarily indicative of future results. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition.

After that, staking rewards were drastically cut, first to 2.5 %, then 1.25 %, and now – since January 2021, 0.63 % only. Electra has now – again – a own web-siteelectracoin.ioPlease share, and comment… Electra, ticker symbol ECA, is a product of the combined abilities, skills, and talents of an ever-growing community of coders, developers, core business professionals, and other contributors. The Project is built on a highly functional and feature-rich blockchain. Electra has continuously been subjected to multiple stages of validation, and through this process, only the most valuable changes have been adopted and integrated into the Project. As features have been added and as improvements continue to Electra’s strength is its ability to adapt and consistently meet the needs of an ever-changing global environment.

There are many options for buying crypto, and Electra can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world’s best crypto exchanges list and buy Electra. As Electra moves forward and as technology continues to advance, our continued success will be due in part to the fact that we allow the Project to expand, improve, and grow in tandem with the latest innovations. The updates that took place during the blockchain fork that occurred on February 22, 2019, have positioned Electra to become one of the most secured cryptocurrency projects. There are currently 0 Electra coins circulating out of a max supply of 29,631,465,467. Electra is the #5492 largest cryptocurrency by market cap as of July 22, 2022, with a market cap of $0 USD.

Technical Analysis

New Cryptocurrency Newest crypto coins and tokens added to CoinCheckup.Popular Cryptocurrencies Trending crypto tokens and coins on CoinCheckup. Moving averages are among the most popular Electra price prediction tools. As the name suggests, a moving average provides the average closing price for ECA over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for ECA is a sum of ECA’s closing prices over the last 12 days which is then divided by 12.

Available supply or circulating supply is the best approximation of coins or tokens in circulation and publicly available. The percent change in trading volume for this asset compared to 7 days ago. The percent change in trading volume for this asset compared to 24 hours ago.

You hereby agree that we are not providing our own opinions, advice, or recommendations. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. demarker indicator formula When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission.

Popular ECA Moving Averages and Oscillators for Fri, Jul 22, 2022

The top crypto exchanges that have Electra available for trading, ranked by 24h trading volume and the current price. The Electra price page is just one in Crypto.com Price Index that features ad hoc analysis meaning price history, price ticker, market cap, and live charts for the top cryptocurrencies. We make no warranties of any kind in relation to our content, including but not limited to accuracy.

Meanwhile, a Golden Cross last occurred on Nov 14, 2021, which was 250 days ago. The new Team is evaluating the situation and can provide help to get your coins unlocked if you still hold them on mobile wallets. Using a crypto portfolio tracker has become more convenient than it was in the past. As an example, you have acquired Electra at different prices, which makes it difficult to identify the individual purchasing prices. Electra is a community-powered cryptocurrency focused on P2P payments and merchant payment solutions.

All cryptocurrency profit forecasts provided on the website are predicted based on the data obtained from the analysis algorithm and are published for informational purposes only. When trying to make a Electra forecast, many traders also try to monitor the activity of ECA “whales”, which are entities and individuals that control large amounts of ECA. Since the Electra market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Electra’s price movements.

Buy & sell Electra with fiat currencies or another coin such as BTC or ETH. Trading is a high risk activity that can lead to major losses, consult your financial advisor before making any decision. This information should not be used for any financial decisions. Always seek the help of a trusted financial advisor before committing to any investment and never invest money you cannot afford to lose. As with the price dynamics, we can observe that the all-time high and all-time low to this point has a differential potential of over 830,000% since it started trading in mid-2017. Fundamental Analysis Key factors and information to perform crypto fundamental analysis.

Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. The Electra price forecast for the next 30 days is a projection trading systems and methods based on the positive/negative trends in the past 30 days. The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought .

Circulating supply shows the number of coins or tokens that have been issued so far. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. If you would like to know where to buy Electra at the current rate, the top cryptocurrency exchange for trading in Electra stock is currently Crex24. NameTypePriceSupported CoinsWe do not have wallets listed for this coin yet.

The 200-day SMA is calculated by taking Electra’s closing prices in the last 200 days, adding them together, and dividing the total by 200. The fully diluted market value is referring to a cryptocurrency’s market cap when/if its total supply is issued. The total supply of a cryptocurrency is referring to the total amount of coins in circulation or locked minus the removed ones.

Electra Price ECA

CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap. Get latest crypto prices, predictions, news, and historical data for Bitcoin and thousands of altcoins. You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account Electra’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about Electra. Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. Moving averages are a popular indicator in all financial markets.

Investment Analysis Historical performance and stats for all cryptocurrencies.GitHub Analysis Development activity on Github for open source cryptocurrencies. Based on our forecast, in short term Electra is a good investment and in the long term Electra is a good investment. During the fall of 2017, an active community started to support Electra, and a team to support development and promote the project was organized from community members.

No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. No content on coin365.io is meant to be a solicitation or offer. Electra traders use a variety of tools to try and determine the direction in which the ECA market is likely to head next. These tools can roughly be divided into indicators and chart patterns.

Electra investment, like most blockchain transaction improvement networks, are opting in for a revolutionary internet of value ecosystem where the transfer of digital currencies can be as swift and manageable as possible. Electra aims to be a metaphoric implication of electric currents; whereby they would use their platform to electrify the blockchain community with their efficiently fast and durable network service. Currencies that are positively correlated with Electra indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Electra, a move in one direction for Electra would translate into a move in the opposite direction for the negatively correlated coin. Charts Explore more data on the digital asset markets with comprehensive graphs.

Electra Supply

Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Many cryptocurrency traders pay close attention to the markets when the current Electra price crosses an important moving average like the 200-day SMA. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose.

The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including Electra. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The market capitalization of a cryptocurrency is its current price multiplied by its circulating supply . As for the wallet options, there are custom blockchain wallets that can be used to store the asset away from the exchanges where they are currently being listed.

The total dollar value of all transactions for this asset over the past 24 hours. View the total and circulating supply of Electra, including details on how the supplies are calculated. An overview showing the statistics of Electra, such as the base and quote currency, the rank, and trading volume. Dear Electrans, We are happy to announce that Electra is now listed on TXBIT exchange and enabled for trading with several crypto&fiat pairs. Please send your questions by submitting through the below google form to the team.

More so, they are also in the process of developing their mobile wallet versions. In addition to this, they have paper wallets made available for clients who would be comfortable with this method of ensuring their tokens are secure. By exchanging ECA against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Electra can be earned or received in various ways. ECA considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the ECA, including ECA to PHP, ECA to INR, ECA to NGN, ECA to THB, ECA to CAD, ECA to PKR, ECA to IDR , ECA to EUR , ECA to AUD , ECA to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

To see more analysis and outlook please check the Electra price prediction page. A list of the top Electra markets across all crypto exchanges based on the highest 24h trading volume, with their current price. Apart from these few challenges which may or may not occur, the trades should be smooth.

These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of ECA. The market capitalization of Electra can change significantly in a short period of time.