DAILY CRYPTOCURRENCY NEWS

USDD Lost Its $1 Stable. 700 Million Dollars of Intervention Has Arrived!

Tron's stablecoin, USDD, lost its $1 stableness yesterday. After the Terra incident, great precautions were taken to prevent a similar incident. However, USDD lost its stability with the big decline in the market. Tron also announced a $700 million USDC purchase to maintain USDD stability.

Incompatibility in Staking Ethereum Prices!
Ethereum prices staked in Lido have a 6% price mismatch with the regular Ethereum price as a result of the huge drop in the market. Later, in the announcement of the LidoFinance account, he announced that sETH-ETH prices were supported at a 1:1 ratio, creating a low-price buying opportunity for some buyers following the erratic movement of the market.
 

Good News for Ethereum from Goldman Sachs Group!

Goldman Sachs has announced that it will launch a derivative instrument linked to Ethereum. Thanks to this tool, which allows payment depending on the price of Ethereum, investors can invest without owning tokens. It was announced that the agreement was with the Marex Financial company.

Another Warning Has Come to Litecoin!
MimbleWimble (MWEB) had been delisted from Korean stock exchanges for its privacy feature. Later, the largest stock exchanges from different parts of the world also engaged in practices against LTC. Finally, Binance announced that LTC transfers are not allowed with the MWEB feature.
 

Positive Results from Bank of America Survey!

Bank of America announced the results of the survey, which included 1,000 people. According to the results of the survey, despite the decline in Bitcoin, 90% of people are thinking about buying crypto money. Most people think about when the decline period will end or when they should buy, and think about buying after the return starts.

 

DAILY CRYPTOCURRENCY ANALYSIS

BITCOIN [BTC] 353684.55 TRY

Following the inflation level announced on Friday, the sale in all markets with the fear of recession also affected crypto coins. BTC, which showed a strong stance above 30,000 levels, fell 30% to $ 21,000 as of Friday.

Bitcoin is pricing in at $ 21,799 with a 3.11% loss in value in the morning hours. When we look at the weekly chart, we see that the rectangular pattern has broken downwards. When we look at the weekly chart, we see that it has reached the 200-week moving average and if it breaks it, the 20,000 level is the next support, and although it tests there today, it cannot break it.

RESISTANCES 25.255 / 27.788 / 29.985
SUPPORTS 20.525 / 18.328 / 15.795

BITCOIN [BTC] 353684.55 TRY +7.00 +0.03 VOL 21 BTC

ETHEREUM [ETH] 24458.30 TRY

Two negative developments in Ethereum yesterday have affected the cryptocurrency market, which is already falling. First of all, there was a postponement news that closely related to merge, and then there was an extra 6% decrease in the prices of stETH staken in Lido compared to normal ETH prices. These two developments drove both ETH and altcoin investors to sell.
 

Today, ETH, which lost 4.7% of its value in the morning hours, is priced at $ 1153. Ethereum was in a rectangular pattern for the week, but the channel it was in with the inflation data was broken. Then, it broke the most important support level in front of it and fell to $ 1100 levels.
 

RESISTANCES 1355 / 1486 / 1625
SUPPORTS 0816 / 0947 / 1086

ETHEREUM [ETH] 24458.30 TRY +7.00 +0.03 VOL 21 ETH

AVALANCHE [AVAX] 319.14 TRY

AVAX, which gained 4.22% as of the morning hours, is priced at $ 16.51. On AVAX's weekly chart, we see two critical supports at $15.60 and $10. Although it tried the $ 15 level many times, the price managed to rise above the 15.60 level. In the event of a possible decline, these two levels will be quite important.

RESISTANCES 17,76 / 18,70 / 20,29
SUPPORTS 12,70 / 13,64 / 15,23

AVALANCHE [AVAX] 319.14 TRY +7.00 +0.03 VOL 21 AVAX

RIPPLE [XRP] 8.26 TRY

XRP, which gained 0.67% with the morning hours, is priced at $ 0.3141. Ripple, which is located in a symmetrical triangle on the weekly chart, is located quite close to the support level. In case of a break of the 0.30 level, we can say that the next support level is the $0.25 level.
 

RESISTANCES 0,3394 / 0,3582 / 0,3807
SUPPORTS 0,2568 / 0,2756 / 0,2981

RIPPLE [XRP] 8.26 TRY +7.00 +0.03 VOL 21 XRP

LITECOIN [LTC] 972.11 TRY

LTC is trading at $44, up 1.15% as of morning hours. Following the delist news, there was a big drop in LTC, which was also warned by major crypto money exchanges. LTC, which first broke the critical $ 62 levels and then the $ 57 levels downwards, fell to its lowest levels since 2020. In LTC, where we see the $40 support working, it seems very important that this level is not broken.

RESISTANCES 50,98 / 56,03 / 61,20
SUPPORTS 30,54 / 35,59 / 40,76

LITECOIN [LTC] 972.11 TRY +7.00 +0.03 VOL 21 LTC

LINK is pricing in at $6.29, up 6.07% today. LINK BTC fell to $ 5.50 with a decline to $ 20,000. However, it then rose to 6.30 levels and rose 6%.

RESISTANCES 06,82 / 07,24 / 07,99
SUPPORTS 04,46 / 04,89 / 05,64

BASIC ATTENTION TOKEN [BAT] 5.49 TRY

BAT is trading at $0.2828, down 1.53% as of the morning hours. When we look at the weekly chart, we see that the 0.28 level is quite critical. We can say that this support is quite strong and if it breaks, there is no support up to 0.19 levels.
 

RESISTANCES 0,3043 / 0,3206 / 0,3437
SUPPORTS 0,2255 / 0,2418 / 0,2649

BASIC ATTENTION TOKEN [BAT] 5.49 TRY +7.00 +0.03 VOL 21 BAT

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