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What's the latest on Ethereum? 27 July 2023
ETH had created a panic atmosphere in the market by hanging below the $ 1840 support a few days ago. However, BTC's upward move that came with the Fed rate decision was almost a medicine for ETH. ETH, which managed to reach $ 1890, came to $ 1870 with the short-term correction in BTC.
In order for the spring weather to be expected in the altcoin market, the resistance levels in ETH are 1913 – 1968 – 2020 and 20256 dollars, respectively. In this process, the price structure of 1913 dollars can be decisive.
In negative situations such as potential problems in the Ethereum network or BTC staying below $29,000, ETH can naturally test support zones.
The points that can be buyers for the leader of the altcoins are 1841-1777-1716 and 1633 dollars respectively.
A downside break of $1,633 could push the altcoin market down drastically.
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