Reacting from a critical support level with the fall of Bitcoin (BTC), Ethereum (ETH) continues to be a danger element for altcoins.
MtGox and the USA sold BTC The news led to a decrease of close to 10 percent in BTC. ETH, which was greatly affected by this situation, came back to the level of $ 1,800, which it has not tested for a long time. Finding a buyer for $1,800 ETH, which has passed its upward movement, still creates a risky environment for altcoins. Close to the daily and weekly opening price ETH can re-transport altcoinsmust exceed critical resistance levels.
Ethereum (ETH) Chart Analysis
ETH, which has found buyers in the $1,800 – $ 1,770 band in the past, has tested this level again with the withdrawal of BTC. Creating great fear by targeting BTC MtGox and US sales news It also rang the alarm bells for ETH. ETH, which stood up after it was stated that the news was not true, managed to reach up to $ 1,960. The leader of altcoins, which saw selling pressure from this level, has returned to its daily and weekly opening price.
An important criterion for observing big rises in altcoins. ETH is $1,942 – 2,022 – $2,056 and $2,142, respectively. levels can be followed. In the event that the Fud news about the crypto market continues, respectively, Pullbacks to $1,860 – $1,825 and $1,775 levelswill likely be.
