Invest in Gold with Sparklo (SPRK): Opportunity to Make Lucrative Returns

• Ethereum (ETH) has been showing strong bearish signals, leading investors to look for other promising investment opportunities.
• Sparklo (SPRK) is one such cryptocurrency that has caught their attention as it presents a chance for people to invest in gold.
• Ethereum (ETH) is consolidating losses below $1,900 and if it manages to break above this level, it could rise towards $1,900 or even higher.

Ethereum (ETH) Displays Bearish Signals

Ethereum (ETH), the leading altcoin and second-largest cryptocurrency began showing strong bearish signals after a stellar start to the year. This has caused traders and investors to search elsewhere for promising investment opportunities.

Sparklo (SPRK): Your Chance To Invest In Precious Metals

One cryptocurrency that has caught their attention is Sparklo (SPRK), a token which presents a chance for people to invest in gold, silver, platinum and other rare metals. It wants to make these assets more accessible by fractionalizing investments through non-fungible tokens (NFTs). The precious metals industry is estimated to have a market cap of over $14 trillion.

Ethereum’s Price Performance

Ethereum had started the year with significant bullish presence but regulatory pressure and debate on ETH’s status resulted in bears taking hold of the market. Ethereum tried breaking above $1,850 but failed leading its price back down below $1,820 forming a new weekly low around $1,807. Currently it is consolidating losses below $1,900 with resistance at around $1,845 and immediate resistance near the trend line at 50% Fib retracement level of recent drop from $1,889 -$1,807.

Breaking Past Resistance Levels

If Ethereum manages to break above this level then it can aim for next major hurdle at $1,860 or 61.8% Fib retracement level followed by resistance at $1900 barrier before aiming for psychological resistance level of 2000$. Further gains may result in Ethereum testing the 2180$ resistance level.


In conclusion although Etheruem has displayed some bearish signals there still remain many opportunities available in the crypto industry such as Sparklo which provides an opportunity to invest in gold as well as other precious metal investments which have an estimated market cap of over 14 trillion dollars!