Bitcoin Traded at $ 19! September 20, 2022 Market Analysis

According to CoinGecko data, the total market value of crypto money markets increased by 2.7 percent in the last 24 hours to $ 977 billion. 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 Solana (SOL). How many dollars is bitcoin trading at? What level is Ethereum at? What is the latest situation in Solana?

Bitcoin (BTC) Latest Status

Bitcoin rose 4.5 in the last 24 hours, according to CoinGecko data. The leading cryptocurrency of the market, Bitcoin, started to trade above the 19 thousand level with the decline. The whole market was affected by this fall of Bitcoin. This drop caused Bitcoin to lose the levels it had risen to in its most recent rally, and it was seen that the seller market continued. Thus, Bitcoin managed to reach $ 19 thousand again.

Bitcoin’s 4-hour chart

It will be very important for Bitcoin to get a reaction from these levels and hold onto the $20,000 band again. If we’re going to see a drop from here, the next stop could be the $17,000 region. If there will be a rise, the first stop of Bitcoin will be to hold on to the 20 thousand dollar band. As of writing, Bitcoin is trading at $ 19,000.

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Ethereum (ETH) Latest Status

While the market expects the Ethereum Merge to reflect positively on the Ethereum price in the coming days, Ethereum recorded a decline. In this context, when we examine the price movement on the Ethereum (ETH) side, ETH has increased by 4.2 in the last 24 hours according to CoinGecko data.

Ethereum’s 4-hour chart

In Ethereum, we can say that the next target is to hold the $1,500 level again. If there is a decrease on the Ethereum side, our first stop can be the $ 1,200-1300 band. As of writing, Ethereum is trading at $1,350.

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Solana (LEFT) Latest Situation

Solana, the 9th most popular cryptocurrency in the market, has recorded 3.4 increases in the last 24 hours. Solana continues on its way between support and resistance in terms of 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 4-hour chart

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

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