CORONAVIRUS CENSOR IN CHINA IS BREAKED WITH ETHEREUM

After upward movements, some selling pressure was seen in BTCUSD. In this concept, it is seen that bears try obtaining superiority. For this reason, cryptocurrency has a limited reaction to breaking 5441 resistance. If the cryptocurrency is successful to hold onto the mentioned level, it can expect increasing movements. In this way, we think that the expected acceleration for a while can be achieved and consolidated on 6258 resistance. In the case of retracement, pricing up to 5000 considered reasonable, but if the support breaks, the investor can follow the new bottom level for the purchase.

Like BTCUSD, ETHUSD also continues its movements on the horizontal axis. If upward movements seen on the chart, investors can find a chance to see can see pricing above 126. Thus, the upward movement that has been expected for a while may occur. In the opposite scenario, the investor can wait for the increase in their dreams for a while. It is thought that the cryptocurrency will play an active role in the next move of the exit direction from the horizontal axis.