Bitcoin Rising! Latest Situation in the Market – 25 August 2022

According to TradingView data, the total volume of crypto money markets increased by 1.53 percent to reach $1.02 trillion on top of $1 trillion psychological support.
 Bitcoin Rising!  Latest Situation in the Market – 25 August 2022
READING NOW Bitcoin Rising! Latest Situation in the Market – 25 August 2022

According to TradingView data, the total volume of crypto money markets increased by 1.53 percent to reach $1.02 trillion on top of $1 trillion psychological support. The rise in volume paved the way for rises 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 Solana?

Bitcoin (BTC) Latest Status

Bitcoin started the day with a 1.52 percent drop. The leading cryptocurrency of the market, Bitcoin, received a reaction from the support of 20 thousand dollars, it 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, which has a slight rise today, received a reaction from an upper resistance. Breaking the resistance will relax the market.

Bitcoin’s 4-hour chart

The next target for Bitcoin is the $22,000 level. Despite these volumeless movements we see in the market, it is very important for the market to hold Bitcoin to 22 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 an increase of 2.72 percent. Ethereum, like Bitcoin, started the day with an increase in the price band where it was undecided. The graph in Ethereum is also similar to Bitcoin. Etherrum has also tried an upper resistance and got a reaction. We can say that the price zone where Ethereum is currently located is $ 1700 support. We can show the 1650-1700 region as Ethereum’s minor resistance in this intermediate band.

Ethereum’s 4-hour chart

While 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 $1,700.

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Solana (LEFT) Latest Situation

Solana, the 9th most popular coin in the market, started the day with an increase of 3.32 percent. Solana continues on its way between support and resistance in its area. The closest support to Solana’s price zone is the $34 zone, while the closest resistance zone is the $39 zone.

Solana’s 4-hour chart

Solana (SOL) is trading at $36 at the time of writing.

Click for the instant price of Solana.

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