The total volume of cryptocurrency markets rose 1.6 percent to $1.1 trillion, according to CoinGecko data. Let’s take a look at the latest situation in the cryptocurrency market. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA) together. How many dollars in bitcoin? At what level is the Ethereum price? What is the latest situation in Cardano?
Bitcoin (BTC) Latest Status
Bitcoin started the day up 10.08 percent. The leading cryptocurrency of the market, Bitcoin, started to trade above the 22 thousand level with the rise. The entire market was affected by this rise of Bitcoin, and some had double-digit rises. The volume entering the market has pushed Bitcoin up.
Bitcoin’s 4-hour chartIt is quite critical for Bitcoin where it is now. It will be important to hold onto $22,000 again. If we are going to see a drop from here, the next stop could be the $20,000 region. If there will be a rise, Bitcoin’s first stop may be the $23,000 band. At the time of writing, Bitcoin is trading at $22,000.
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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 11 percent rise. Ethereum regained the $1700 support with the volume entry into the market.
Ethereum’s 4-hour chartWhile the support zone is working in Ethereum, we can say that the next target is the level of $ 1800. If there is a decrease on the Ethereum side, we can say that our first stop is the $ 1700 band. As of writing, Ethereum is trading at $ 1,740.
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Cardano (ADA) Latest Status
Cardano, the 8th most popular coin in the crypto money market, also rose, influenced by the volume entry into the market. Although Cardano, which expected Vasil Hard Fork, postponed this update more than once, Cardano founder Charles Hoskinson informed users about the latest situation with his statements and stated that he did not want it to be delayed again.
Cardano’s 4-hour chartThe critical areas in Cardano are the $0.52 resistance and the 0.48 support. As of writing, Cardano is trading at $0.5.
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