The total volume of cryptocurrency markets fell by 1.24% to $974 billion, according to TradingView 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 Solana (SOL). What is the latest situation in Bitcoin? At what level is the Ethereum price? What is the latest situation in Solana? What is the latest situation in the cryptocurrency market?
Bitcoin (BTC) Latest Status
Bitcoin started the day with a 0.46% rise. The leading cryptocurrency of the market, Bitcoin, quickly came back to this region after losing the support of $ 20 thousand. However, Bitcoin, which could not hold on to $ 20 thousand, is currently trading below the support. Bitcoin continues its volatile course in the critical price zone.
Bitcoin’s 4-hour chartThe $20,000 level is very critical for Bitcoin. It will be important to hold onto $20,000 again. If we are going to see a drop from here, the bearish zone could be the $17,000 region. If there will be a rise, the first stop of Bitcoin may be the band of 22-23 thousand dollars. As of writing, Bitcoin is trading at $ 19,000.
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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 a 1281 percent rise. Ethereum, like Bitcoin, met the week with an increase in the price band where it was undecided. Ethereum’s Merge update is very soon, and if there are no problems in the network in the coming days, we can expect this historical event to have a positive reflection on the price. After losing the $1500 support, Ethereum quickly recovered and reclaimed the $1500 support.
Ethereum’s 4-hour chartWhile the support zone is working in Ethereum, we can say that the next target is the $ 1700 level. If there is a decrease on the Ethereum side, we can say that our first stop is the $1500 band. As of writing, Ethereum is trading at $ 1,600.
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Avalanche (AVAX) Latest Status
AVAX, the 16th most popular coin in the crypto market, started the day with an increase of 3.19 percent. AVAX, which was active last week, decreased in this period and lost the support of $ 18. It then regained the $18 support and reached the $20 level with a bullish move.
Avalanche’s 4-hour chartWe can say that the closest support to the price zone in AVAX is the $19 region, if AVAX continues to rise, the first target can be the $21 region. AVAX is trading at $20 at the time of writing.
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