Bitcoin, Ethereum and Solana Analysis – 25 October 2022

The total value of the cryptocurrency market has reached $968 billion, down 0.2 percent in the last 24 hours, according to CoinGecko data.
 Bitcoin, Ethereum and Solana Analysis – 25 October 2022
READING NOW Bitcoin, Ethereum and Solana Analysis – 25 October 2022

The total value of the cryptocurrency market has reached $968 billion, down 0.2 percent in the last 24 hours, according to CoinGecko data. Let’s take a look at the latest situation in the cryptocurrency market together. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and SOL together. How many dollars is Bitcoin trading at? What level is Ethereum at? What is the latest situation in Solana?

Bitcoin (BTC) Price Analysis

Bitcoin has gained 0.1 percent in the last 24 hours, according to CoinGecko data. The leading cryptocurrency of the market, Bitcoin, continues in the band of 19-20 thousand dollars, where it has been moving for a long time. These price movements of Bitcoin pointed to the continuation of the decline and stable course in cryptocurrencies. Bitcoin continues to move at $ 19 thousand as of its movement zone.

Bitcoin’s reaction to these levels and holding on to the $20,000 band again may change this stagnant course in the crypto money market. If there is a decrease from here, the next stop in Bitcoin may be the region of 17-18 thousand dollars. If there will be a rise, the first stop of Bitcoin will be to hold on to the 20 thousand dollar band. As of writing, Bitcoin is trading at $ 19,000.

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Ethereum (ETH) Price Analysis

The bearish movements in the market also lost serious momentum to Ethereum. On the other hand, when we examine the price movement on the Ethereum (ETH) side, we see that ETH has increased by 0.8 in the last 24 hours, according to CoinGecko data.

We can say that the next target in Ethereum is to test the $ 1,400 region. If there is a decrease on the Ethereum side, our first stop may be the $ 1,000 band. As of the time of writing, Ethereum is trading at $ 1,300.

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Solana (LEFT) Analysis

Solana, the 9th most popular coin in the market, started the day without any change. Solana continues on its way between support and resistance in its area. The closest resistance to Solana’s price zone is the $31 zone, while the closest support zone is the $26 band.

Solana (SOL) is trading at $28.5 as of the time of the news.

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