The total volume of cryptocurrency markets fell by 1.03% to $951 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 1.29% drop. 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 can 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 1.12 percent decrease. Ethereum, like Bitcoin, met the week with an increase in the price band where it was undecided. There are 10 days left until Ethereum’s Merge update, and if there is no problem in the network in the coming days, we can expect this historical event to have a positive reflection on the price. Ethereum lost the $1500 support, but received a quick reaction from there. Today, we see Ethereum hovering above 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 $1400 band. As of writing, Ethereum is trading at $1,500.
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Solana (LEFT) Latest Situation
Solana, the 9th most popular coin in the market, started the day with a decrease of 1.06 percent. Solana continues on its way between support and resistance in its area. Solana is currently in the support zone. 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 chartSolana (SOL) is trading at $31 at the time of writing.
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