The total volume of crypto markets fell 0.88 percent, according to TradingView data, returning to the psychological support of $ 1 trillion. The drop in volume caused minor drops in the cryptocurrency market. Small scale decreases and increases continue to force the market. The statement made by the FED chairman today at 17.00 may cause movements in the crypto money market. Let’s examine the price action of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) 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 0.6 percent drop. The leading cryptocurrency of the market, Bitcoin, received a reaction from the support of $ 20 thousand, then BTC, which tried the $ 21 thousand region, could not pass the resistance here. 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 will be 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 movement on the Ethereum (ETH) side, we see that ETH started the day with a decrease of 1.9 percent. Ethereum, like Bitcoin, started the day with a decrease in the price band where it was unstable. The graph on Ethereum is also similar to Bitcoin. Ethereum has also tried an upper resistance and received a reaction. Yesterday, Ethereum, which tried the $ 1700 level, could not overcome the resistance and fell to $ 1650 levels. 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 $1,650.
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Solana (LEFT) Latest Situation
Solana, the 9th most popular coin in the market, started the day with a decrease of 1.7 percent. Solana continues on its way between support and resistance in its area. SOL reached the support zone yesterday, but got a reaction from there, and then fell back to the price zone where it is now. Solana is currently in the support zone. 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 chartSolana (SOL) is trading at $34 at the time of writing.
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