Reaching $ 2 thousand again after a seven-month adventure, Ethereum (ETH) paved the way for the rise of altcoins, can this process continue?
shapellaexciting with the upcoming update ETH months later, it managed to reach the level of $ 2,000. The successful completion of the Shapella update in the past days has made ETH even more active. Exceeding the $2,100 level, ETH followed suit with this rise. altcoins also brought. Huge rises were observed in many altcoins. One of the main reasons for these upswings was the strong performance of ETH by holding above $2,000.
Encouraging altcoins with its strong and clear performance, can ETH continue this process?
Ethereum (ETH) Chart Analysis
The leader of altcoins, which is currently priced at $ 2,100, still takes a strong stance. from Shapellaexperiencing some withdrawal after ETHhas stepped up again, giving confidence to the crypto market. ETH Persistence above the $2142 level is of great importance in order for the rises on the side to be expected. In the case of staying above this level, it can be expected that the ongoing party atmosphere in altcoins will intensify.
In the negative pricing that may be experienced, the $2,022 level, which is the net value of the rise, may be the first region where buyers can meet the price. In case the decline deepens, the levels are 1.942 – 1.913 and $1,825. of ETHimportant values to regain strength
