WEEKLY CRYPTOCURRENCY NEWS

WEEKLY CRYPTOCURRENCY ANALYSIS

ETHEREUM [ETH] 24480.60 TRY

The intense on investors’ demand on DeFi tokens caused the Ethereum network capacity to nearly got fulled and prices of ETH turned to depreciation till 315$. But on the other hand, long-term investors’ behaviors as it calling HODL Ethereum supported from the bottom of the trend line and turned into an upward trend again. The proportion of Ethreum on smart contracts increased to 15,96% and this level is the highest one since 2016.

The uptrend that started in ETHUSD on March 13 was tested once again when the $ 315 level was seen and trend reliability was confirmed by investors. Now, in the continuation of the increases in ETHUSD, which is holding the level of $ 355, trials towards the 385-415 $ band can be expected. Technically, the outlook is positive.

RESISTANCES 368/ 377/ 390/ 415
SUPPORTS 345/ 338/ 324/ 312

ETHEREUM [ETH] 24480.60 TRY +7.00 +0.03 VOL 21 ETH

We always love and support sports!

We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, 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.