Bitcoin, Ethereum and Solana Analysis – November 1, 2022

The total value of the cryptocurrency market has reached $1.07 billion, up 1.3 percent in the last 24 hours, according to CoinGecko data.
 Bitcoin, Ethereum and Solana Analysis – November 1, 2022
READING NOW Bitcoin, Ethereum and Solana Analysis – November 1, 2022

The total value of the cryptocurrency market has reached $1.07 billion, up 1.3 percent in the last 24 hours, according to CoinGecko data. Let’s take a look at the latest situation in the cryptocurrency market together. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and SOL together. How many dollars is Bitcoin trading at? What level is Ethereum at? What is the latest situation in Solana?

Bitcoin (BTC) Price Analysis

Bitcoin has gained 0.4% in the last 24 hours, according to CoinGecko data. While the leading cryptocurrency of the market, Bitcoin, continues to watch in the $ 19-20 thousand band, where it has been moving for a long time, it rose above $ 20 thousand after the market value exceeded $ 1 trillion. Bitcoin continues at 20 thousand dollars as of its movement region.

Bitcoin daily chart

Keeping Bitcoin at these levels and holding on to the $20,000 band again may break this stagnant trend in the crypto money market to some extent. If there is a drop from here, the next stop in Bitcoin may be the $ 18-19 thousand region. If there will be an uptrend, Bitcoin’s first stop may be to try the $21,000 region after holding on to the $20,000 band. Bitcoin is trading at $20,000 as of the time of writing.

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Ethereum (ETH) Price Analysis

ETH also surged as the market value rose above $1 trillion again. On the other hand, when we examine the price movement on the Ethereum (ETH) side, we see that ETH has increased by 0.2 in the last 24 hours according to CoinGecko data.

Ethereum’s daily chart

We can say that the next target in Ethereum is to test the $ 1,650 region. If there is a decrease on the Ethereum side, our first stop may be the $ 1,300 band. As of the time of writing, Ethereum is trading at $ 1,500.

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Solana (SOL) Price Analysis

Solana, the 9th most popular coin in the market, started the day without any change. Solana continues on its way between support and resistance in its area. The closest resistance to Solana’s price zone is the $34 zone, while the closest support zone is the $30 band.

Solana’s daily chart

Solana (SOL) is trading at $32 as of the time of the news.

Click for the instant price of Solana.

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