Pay Attention To These Levels At The Weekend In Bitcoin And ETH!


What will happen over the weekend in Bitcoin and ETH?
The weekend started in the cryptocurrency industry as of today. Crypto assets are expected to exhibit sideways movements this weekend. The critical process in Bitcoin, which has been accumulating in the range of 25 thousand – 27 thousand dollars for a while, continues.
When we take a look at the short-term chart of the leading cryptocurrency Bitcoin (BTC), it is seen that it exhibits horizontal movements at the levels of 25,780 – 26,600 dollars. BTC is stuck in this zone after the sharp decline.
Although this zone is not expected to be broken by the weekend, an upside break would allow BTC to reach $28,000, while a downside break might cause BTC to drop to $24,800.
What Could Happen in Ethereum (ETH) This Weekend?
When we examine the short-term chart of Ethereum (ETH), the leading altcoin of the crypto money industry, it is seen that it exhibits horizontal movements at the bottom levels after the last collapse, similar to Bitcoin.
ETH, which accumulates in the $1,640 – $1,700 range, can rise to $1,850 resistance if it exceeds $1,700 in the future, or it can decline to $1,550 if it loses the $1,600 support.
The movements of the leading altcoin Ethereum (ETH) continue to deeply affect the movements of all altcoins. Although ETH has mostly sideways movements on weekends, a downside break can bring serious decreases in the entire market.
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CrazyCrabvip
· 2023-08-26 18:03
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