Ether The article seems to be at $ 3,295 and soon exceed $ 3,300. In previous evaluations, we mentioned that closing over $ 3,070-3.0.50 could trigger a movement on $ 3,500. If the BTC can maintain $ 118,000, it can continue on the ETH front with its rise subcoins. So what’s the reason for the rise?
Ethereum (ETH)
ETH price On the border of $ 3,300 and almost this lock threshold is about to overcome. Despite short -term retreats, it increases steadily. The target of $ 3,522. However, the $ 3,181 threshold should be protected for this.
The price of the price of investors, which has increased roughly by 140 %in 98 days from the bottom of April, makes the face laugh. Investors who are enthusiastically waiting for $ 4.024 are satisfied with the last rise and the strong BTC remains strong.
If it is better ETHBTC 0.0275BTC region is exceeded in parity. This tells us that there may be a new trial between 0.0296 and 0.0328. When the threshold of 0.0300 was taken back and turned it into support, the collapse of the ETHBTC parity, which has been going on for more than a thousand days, will be completely reversed. Then the great 0.0501BTC support will be targeted and the new AC hopes.
1 year has passed since the loss of the last 0.05 support. The continuation of the current trend is what Altcoin investors want the most. Altcoin bull will begin with the acceleration of the rise trend in the ETHBTC parity.
The reason for the rise of Ethereum
Trump is angry. Yesterday Genius He called 13 Republicans who voted against him one by one and asked how they were taking positions against him. In the short term for crypto currencies, the last event was not good, but it is great for Trump’s crypto regulations to confront the internal opposition and turn it into a personal issue.
Nic connects the last rise to Genius. This law will go to Trump with 93 %before the end of the year and will be signed. The most reasonable date in early August.
“Ethereum
$3,157.06 Flying and the Genıus law may be a great reason for this. The draft law targets stablecoins that provide return and eliminates the competition of central returns coins. This is ETH -based Defimakes it more attractive in terms of return.
This is a very positive development in terms of use and demand.
Speculators seem to have predicted this in advance (let’s be honest, they’ve been taking positions for a while), more strict US rules = Ethereum’a protocols are preparing for more capital flow. Meanwhile, the Sharplink treasury has passed the Ethereum Foundation by adding $ 225 million ETH! And Peter Thiel acquired 9 %share in Tom Lee’s finishing Immersion. ”
As of 20:19 Genius The procedural vote for the finally completed and the reasons for the above rise have become more meaningful.
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.
