What is the Latest Situation in the Crypto Market? 6 September 2022 - Coinleaks
Current Date:September 21, 2024

What is the Latest Situation in the Crypto Market? 6 September 2022

The total volume of cryptocurrency markets fell by 1.24% to $974 billion, according to TradingView data. Let’s take a look at the latest situation in the cryptocurrency market. bitcoin(BTC), Ethereum(ETH) and witherLet’s examine the price movements in (LEFT) together. bitcoinWhat’s the latest in ? EthereumWhat level is the price? wither What’s the latest situation in ? What is the latest situation in the cryptocurrency market?

Bitcoin (BTC) Latest Status

Bitcoin started the day with a 0.46% rise. 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 chart

bitcoin The level of 20 thousand dollars is quite critical. 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. bitcoinAt the time of writing, it is trading at $19,000.

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Ethereum (ETH) Latest Status

EthereumWhen we examine the price action on the (ETH) side, ETH We see that ‘ started the day with a rise of 1281 percent. Ethereum, like Bitcoin, met the week with an increase in the price band where it was undecided. Ethereum‘Fame Merge update, and if there is no problem in the network in the coming days, we can expect this historical event to be positively reflected in the price. After losing the $1500 support, Ethereum quickly recovered and reclaimed the $1500 support.

Ethereum’s 4-hour chart

While 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 $1500 band. As of the time of writing EthereumIt is trading at the $1,600 level.

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Avalanche (AVAX) Latest Status

AVAX, the 16th most popular coin in the crypto market, started the day with an increase of 3.19 percent. AVAX, which was active last week, decreased in this period and lost the support of $ 18. It then regained the $18 support and reached the $20 level with a bullish move.

Avalanche’s 4-hour chart

We can say that the closest support to the price zone in AVAX is the $19 region, if AVAX continues to rise, the first target can be the $21 region. AVAX is trading at $20 at the time of writing.