In the last 24 hours, there has been a depreciation of 1.94 %in the crypto currency market. The total market value fell to 2.71 trillion dollars, while a significant decrease in the transaction volume was observed. However, this decline is considered by some investors as an advantage for new purchase opportunities. Low levels, especially in popular tokens, attract the attention of investors who intend to re -position.
The market volume fell, Bitcoin and Ethereum declined
The decline in the crypto currency market brought about a mobility exceeding $ 450 million in liquidity transactions. In this process, the total market volume decreased by 10 %and fell to $ 77.15 billion. Leader Crypto Currency Bitcoin $82,812.19 While watching at about 83 thousand dollars, Ethereum $1,865.66 It is traded at $ 1881 by remaining below $ 1900.
The long position liquidation of $ 165 million in the Ethereum market in the last 24 hours created a cautious atmosphere for investors. While such decreases create short -term uncertainties, some investors can create ground levels at low levels. In particular, the approach of large volume assets such as Ethereum to the support levels emphasizes technical analysis -oriented strategies.
Left, XRP and Doge attracts attention
Solana (left), with the last decrease, has been over 130 -dollar support level and is currently traded for $ 126. However, the increase in the number of active addresses on the network shows that investors’ interest in the left continues. This development can be interpreted as one of the signals that the price can move upwards again.
Ripple (XRP) $2.08 There is a wavy course on the side. The XRP, which depreciated by 4 %in the last 24 hours, is traded just below $ 2.20. Possible developments in legal processes with SEC may be decisive for XRP’s future price movements. In particular, the 250 %increase last year shows that investors’ expectations for this asset are still strong.
Dogcoin $0.1712 (Doge), on the other hand, is stuck in a narrower movement range. The price rejected from $ 0.18165 is currently traded for $ 0.1738. However, some technical indicators give positive signals in the short term and indicate that investors can re -evaluate these levels.
Investors follow the recovery process
This decrease in the market has led investors to reconsider the risk appetite. Periodic retreats may also mean that the market can be prepared for large -scale movements. Therefore, it is of great importance that investors reshape their positions by closely following the existing trends.
Especially after large decreases, recovery can offer opportunities for users who develop wider perspective investment strategies. The nature of the crypto currency market with high volatility has repeatedly proved that sudden rise after decreases. In this context, patience and cautious investors are more likely to be advantageous in the long run.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.