Bitcoin Falls! Latest Situation in the Market – August 24, 2022 - Coinleaks
Current Date:September 15, 2024

Bitcoin Falls! Latest Situation in the Market – August 24, 2022

Crypto money markets started the week with small rises, according to TradingView data, the total volume of crypto money markets fell by 1.27% to reach the psychological support level of $ 1 trillion. The decrease in volume continues to cause decreases in the crypto money market. Short-scale declines and rises force the market. bitcoin(BTC), Ethereum(ETH) and CardanoLet’s examine the price action in (ADA) together. bitcoinHow many dollars? bitcoinWhat’s the latest in ? EthereumWhat level is the price? CardanoWhat’s the latest situation in ?

Bitcoin (BTC) Latest Status

Bitcoin started the day with a 1% drop. In the past days, it received a reaction from the support of 20 thousand dollars. bitcoincontinues its course above the support zone. bitcoin The fact that ‘s tried the support of 20 thousand dollars and received a reaction caused a decrease in other assets in the market. Bitcoin is currently volatile above its critical support.

Bitcoin’s 4-hour chart

bitcoin The next target for the $22,000 level. Despite these voluminous movements we see in the market, it is very important for Bitcoin to hold on to 20 thousand dollars. bitcoinAs of the time of writing, it is trading at 21 thousand dollars.

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Ethereum (ETH) Latest Status

EthereumWhen we examine the price action on the (ETH) side ETH We see that it started the day with a decrease of 2.44%. Ethereum, like Bitcoin, started the day with a decrease in the price band where it was unstable. The price zone Ethereum is currently in is above the $1500 support. As can be seen in the graph, we can see that it received a reaction at this level. We can show the 1650-1700 region as Ethereum’s minor resistance in this intermediate band.

Ethereum’s 4-hour chart

While the support zone is working in Ethereum, we can say that the next target is the level of $ 1800. As of the time of writing EthereumIt is trading at the $1,600 level.

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Latest Situation in Cardano (ADA)

8th most popular cryptocurrency Cardano(ADA) has been severely injured by the market drop and the dollar rush. ISLAND It started the day with a drop of 2%. Cardano continues to run above its support in terms of its region. The next support in Cardano is the $0.42 region. The next resistance is the $0.48 zone.

Cardano’s 4-hour chart

Cardano costs $0.45 at the time of writing.

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