USA congressEtheruem, which gained upward momentum before ( ETH) has approached the decision zone that could continue the rise.
Starting around yesterday evening US Congress, It created great volatility in cryptocurrencies. Especially BTC This activity on the basis of ETH and ETH caused confusion regarding the direction of the market. BTC, which first attacked $ 26,850, ETH It brought the price up to 1635 dollars. Approaching a critical area, ETH may experience sharper rises when it breaks this area, even though it has retreated slightly.
The altcoin market’s eyes are on Ethereum!
ETH, which rose directly from $1563 to $1635, paved the way for a sharp rise in many coins in this process. It brought an increase of nearly 10 percent in many cryptocurrencies, especially the popular coins of the recent period. ETH, which is currently priced at $1617, can move towards $1665 – 1700 – 1726 and 1746, respectively, when it exceeds the $1635 – $1646 range in volume.
If the first level we encounter is 1602 dollars, it cannot hold as support, selling pressure will naturally increase. In such a situation, the support levels that can be followed will be 1580 – 1563 – 1550 and 1530 dollars, respectively. Especially the ability to hold the $1530 level will be one of the main factors affecting the structure of cryptocurrencies in the short-medium term.
