The Situation of Ethereum and Solana in the Crypto Currency Market

The crypto currency market saw significant volatility from the first week of March. Ethereum reached 4,000 dollars while Solana rose to 210 dollars. However, these increases were not sustainable and both crypto currencies experienced declines. Ethereum initially crossed 4,000 dollars, then faced resistance and fell to 3,500 dollars. Solana, on the other hand, dropped from its peak of 210 dollars to 162 dollars. Ethereum’s New Targets Despite Ethereum’s efforts to recover, it faced difficulties at resistance levels and witnessed another decline. Nevertheless, it managed to stay above the 3,317 dollar support level and if it can maintain this support, it is expected to rise again. Price targets of 3,900 dollars are predicted if it can hold this support. Solana’s Expectations Following a sharp decline, Solana showed signs of recovery and is indicated to have the potential to surpass the 200 dollar level again. Analysts emphasize the importance of the 129.35 […]

The Situation of Ethereum and Solana in the Crypto Currency Market

The crypto currency market saw significant volatility from the first week of March. Ethereum reached 4,000 dollars while Solana rose to 210 dollars. However, these increases were not sustainable and both crypto currencies experienced declines. Ethereum initially crossed 4,000 dollars, then faced resistance and fell to 3,500 dollars. Solana, on the other hand, dropped from its peak of 210 dollars to 162 dollars.

Ethereum’s New Targets

Despite Ethereum’s efforts to recover, it faced difficulties at resistance levels and witnessed another decline. Nevertheless, it managed to stay above the 3,317 dollar support level and if it can maintain this support, it is expected to rise again. Price targets of 3,900 dollars are predicted if it can hold this support.

Solana’s Expectations

Following a sharp decline, Solana showed signs of recovery and is indicated to have the potential to surpass the 200 dollar level again. Analysts emphasize the importance of the 129.35 dollar support level and the possibility of a rise if it remains above this level. However, it is also noted that if this support level falls, a new low level could be sought.

Both crypto currencies are in a bearish trend with fluctuations and are maintaining investors’ hopes of recovery. The current prices and market movements of Ethereum and Solana are being carefully monitored.

Analyses show that for Ethereum and Solana to maintain their positions in the market, they need to stay above certain support levels. Both crypto currencies have both given hope to investors and reminded them of the risks with the fluctuations they have experienced recently.

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how to buy crypto?
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  • ethereumEthereum(ETH)
    $3,097.814.90%
  • tetherTether(USDT)
    $1.00-0.01%
  • binancecoinBNB(BNB)
    $579.501.38%
  • solanaSolana(SOL)
    $172.635.34%
  • usd-coinUSDC(USDC)
    $1.00-0.03%
  • staked-etherLido Staked Ether(STETH)
    $3,094.784.93%
  • rippleXRP(XRP)
    $0.521.27%
  • the-open-networkToncoin(TON)
    $6.43-3.25%
  • dogecoinDogecoin(DOGE)
    $0.1549242.79%
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