Closely followed analysts offer updates for two major digital assets as each fights to maintain a significant level of support.
Michael van de poppe To tell His 616,200 Twitter followers are aiming for $ 950 for low-end support for Ethereum (ETH), but that it could reach $ 1,500 if major smart contract platforms could exceed $ 1,140. Suggests.
“An important zone that Ethereum is paying attention to.
We are currently bounced, but the EUR / USD also shows some easing.
If we break below $ 1,140, we expect to continue and make significant runs towards ETH’s $ 1,400- $ 1,500. “
At the time of writing, Ethereum was up 2.17% on the day, trading at $ 1,088.
Move on to the strategist Bitcoin (BTC) To tell The broader crypto market was set to retreat, but the dramatic surrender experienced recently was exacerbated by the collapse that made headlines for big projects like Terra (LUNA) and Celsius (CEL).
He believes that if the top crypto asset by market capitalization regains the $ 22,000 barrier, it will increase by another 36% to $ 30,000.
“Yes, the market should have been fixed, but now the cryptocurrency and Bitcoin valuations are much lower than they should be due to forced sales from 3AC, LUNA, etc., so 22,000 Breaking through the dollar will accelerate the price to $ 30,000. ”
Bitcoin has changed trading at $ 19,729 at the time of writing and has a profit of 1.11% on the day.
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Featured images: Shutterstock / Aleksandr Kukharskiy / monkographic