Cryptocurrency markets started the week with small rises, according to TradingView data, the total volume of crypto money markets decreased by 1.27% to reach the psychological support level of $ 1 trillion. The decrease in volume continues to cause decreases in the crypto money market. Short-scale declines and rises force the market. Let’s examine the price action in Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) together. How many dollars in bitcoin? What is the latest situation in Bitcoin? At what level is the Ethereum price? What is the latest situation in Cardano?
Bitcoin (BTC) Latest Status
Bitcoin started the day with a 1% drop. Bitcoin, which has received a reaction from the support of 20 thousand dollars in the past days, continues its course above the support zone. The fact that Bitcoin tried the support of 20 thousand dollars and received a reaction caused a decrease in other assets in the market. Bitcoin is currently volatile above its critical support.
Bitcoin’s 4-hour chartThe next target for Bitcoin is the $22,000 level. Despite these voluminous movements we see in the market, it is very important for Bitcoin to hold on to 20 thousand dollars. Bitcoin is trading at the level of 21 thousand dollars as of the time of writing.
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Ethereum (ETH) Latest Status
When we examine the price action on the Ethereum (ETH) side, we see that ETH started the day with a decrease of 2.44%. Ethereum, like Bitcoin, started the day with a decrease in the price band where it was unstable. The price zone Ethereum is currently in is above the $1500 support. As can be seen in the graph, we can see that it received a reaction at this level. We can show the 1650-1700 region as Ethereum’s minor resistance in this intermediate band.
Ethereum’s 4-hour chartWhile the support zone is working in Ethereum, we can say that the next target is the level of $ 1800. As of writing, Ethereum is trading at $ 1,600.
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Latest Situation in Cardano (ADA)
Cardano (ADA), the 8th most popular cryptocurrency, has been severely damaged by the market drop and the run-up to the dollar. ADA started the day down 2 percent. Cardano continues to run above its support in terms of its region. The next support in Cardano is the $0.42 region. The next resistance is the $0.48 zone.
Cardano’s 4-hour chartCardano costs $0.45 at the time of writing.
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