DAILY CRYPTOCURRENCY NEWS

REFLECTION OF FED INTEREST DISCOUNT TO CRYPTOCURRENCIES

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 551307.78 TRY

BTCUSD, which has seen an upward movement with interest rate cuts of Fed and cash pumping to the market with the arrival of risky assets, tests the 5441 resistance we have focused on. In this case, acceleration up to 6258 can be sustained if the mentioned resistance is broken. It is thought that the pricing that may occur under the critical resistance may trigger selling pressure and a downward in price movements can be seen. Resistance levels gained importance with the improvement of international economic conditions and the spread of positive effect; If any negative situation is seen, it can be reflected negatively to the prices at the same rate. In this case, the current follow-up of the support levels will remain important.

SUPPORTS 31969 - 29402 - 25715
RESISTANCES 34786 - 39000 - 41683

BITCOIN [BTC] 551307.78 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 35357.64 TRY

Due to its high correlation, a similar reaction seen in BTCUSD was also tested in ETHUSD and the cryptocurrency showed similar upward movements. In this context, it is thought that if buyings with volume are seen in the cryptocurrency that turned to 126 resistance, it may accelerate up to 153 levels. In the pricing below 126 resistance, it is expected that the consolidation between 126 and 91 will continue.

SUPPORTS 638 - 474 - 238
RESISTANCES 850 - 953 - 1130 

ETHEREUM [ETH] 35357.64 TRY +7.00 +0.03 VOL 21 ETH

RIPPLE [XRP] 8.50 TRY

SUPPORTS 0.7500 - 0.6829 - 0.4349
RESISTANCES 1.0312 - 1.2172 - 1.3466

RIPPLE [XRP] 8.50 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 1851.20 TRY

SUPPORTS 194 - 164 - 98
RESISTANCES 245 - 281 - 321

LITECOIN [LTC] 1851.20 TRY +7.00 +0.03 VOL 21 LTC

We always love and support sports!

We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.