The performance of ETH was not as good as BTC last week. Although there was a long green candle on Friday, it did not last over the weekend, and the magnitude of the correction was also obvious. If you look at 1h level, the gains for employment data has been erased on Sunday. Although the decline was low yesterday, it was also affected by the market today. Rising is interrupted.
Conclusion: Mostly falling. The stop of bulls and the strengthening of bears make the price more likely to fall. The advantage of ETH is that the previous rebound was stronger than that of BTC, so the bulls are not out of control at the larger level. We hold last week's support level at 1380 as prices are still some way from it and move down the resistance level to 1640.
As a project supported by SBF, SOL has a huge impact on this week's decline. After the employment data was released last Friday, SOL, like other tokens in the market, ushered in a rise, and even in the low circulation day on Saturday, still had 9% gains. And when the hope is about to come, due to the FTT event, the price quickly fell below the resistance level, dumped again. But It recovered after breaking the given support level today.
Conclusion: Mostly fluctuation. We give the most optimistic conclusion for SOL among the three. This is because of the characteristic of SOL, and the support level is still effective today, the bulls will increase to prevent the support from being broken. We maintain last week's resistance level at 34 and support level at 28.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Conclusion: Mostly falling. The stop of bulls and the strengthening of bears make the price more likely to fall. The advantage of ETH is that the previous rebound was stronger than that of BTC, so the bulls are not out of control at the larger level. We hold last week's support level at 1380 as prices are still some way from it and move down the resistance level to 1640.
As a project supported by SBF, SOL has a huge impact on this week's decline. After the employment data was released last Friday, SOL, like other tokens in the market, ushered in a rise, and even in the low circulation day on Saturday, still had 9% gains. And when the hope is about to come, due to the FTT event, the price quickly fell below the resistance level, dumped again. But It recovered after breaking the given support level today.
Conclusion: Mostly fluctuation. We give the most optimistic conclusion for SOL among the three. This is because of the characteristic of SOL, and the support level is still effective today, the bulls will increase to prevent the support from being broken. We maintain last week's resistance level at 34 and support level at 28.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.