Crypto:
30251
Bitcoin:
$66.209
% 0.97
BTC Dominance:
%54.5
% 0.21
Market Cap:
$2.38 T
% 1.77
Fear & Greed:
74 / 100
Bitcoin:
$ 66.209
BTC Dominance:
% 54.5
Market Cap:
$2.38 T

Ethereum Gains Back $3800: Price Analysis

Ethereum

The cryptocurrency market reacted quickly after the drop following Bitcoin’s ATH. Last day, Bitcoin reached an all-time high of $69,000, but then fell to $59,000. In addition to Bitcoin, which is currently hovering at $ 67,000, all eyes turned to what Ethereum will do. Ethereum price fell to $3200 with the decline, but managed to gain the $3800 level.

ETH Price Analysis:

According to CoinMarketCap’s data Ethereum price has rose over 8% and currently trading at $3600. In last 7 days Ethereum has risen 16% and countinued to rise even more today.

Eth

Looking at current levels, we see that the next resistance in Ethereum is at $4000. However, if Ethereum manages to exceed these levels, the next target is at $4200. Ethereum’s support zone seems to be at $3600.

Bitcoin’s downfall to $59.000 was scary for cryptomarket but Bitcoin and all other big cryptocoins has managed to gaing back their resistances. After nearly 3 years of bear market, gaining back the price leves was relief for investors.

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