Ethereum (ETH) $3,675.13 It has difficulty maintaining the level of $ 3,600 and BTC It is located at $ 117,800. For crypto currency investors, the risk of further falling on Thursday becomes clear because the EU is preparing for retaliation voting. The negotiations with the United States have been extended and there is no result yet. So what percentage of the estimation of market analysts in subcoins?
How much do the subcoins fall?
Trump’s Trade Advisor Navarro said in a statement when he was preparing, and said, “Approach with suspicion,” he said. In other words, tomorrow, EU can approve of sanctions and announce that they will be commissioned on the next date and this is not good for crypto currencies.
So what percentage percentage is waiting for us if we go back to the subcoins? Altcoin Sherpa Plug Analyst envisages losses between 10-20 %of the BTC price, which will live around 116 thousand dollars. Already XRP Coin And others have already experienced close to 10 %losses. Crypto investors’ application – the reason will surprise you!
“BTC is focused on some levels here; if we test the average of 116 thousand, subcoins I think it will fall 10-20 %(around) from the current levels. I would open some starting positions in the existing area that do not do all-in, but with the possibility of adding lower levels. There may be definitely recovery here. In general, be careful. ” – Altcoin Sherpa
Eth The fact that the price tested $ 3,400 and lost this area may have worse consequences. So far, BTC corrections have not affected subcoins, but this time seems different, of course, there are those who have been selling for a while to guarantee their earnings. Kyle had to talk about it this week.
Well, a 2017 and 2021 like Bitcoin $118,630.73 Is it possible to talk about the summit? So how much will the decline be deepened? Kyle answers this.
“Bitcoin Although it reaches $ 120,000, the Bitcoin flow wave actually falls – as in the summits of 2017 and 2021, unlike major sales before large sales.
Big players do not transfer BTC to the stock market. It looks like holding it, not getting out of this. Still, be careful – if the IFP suddenly jumps, it may be a warning to sell. ”
In other words, it is not possible to talk about a deep decline for now, and it is not possible to talk about an extreme scenario such as entry to bear markets.
Ave Estimation
Traderleevis popular Defi He warned Altcoini on July 16th. Of course, when the markets rise, no one wants to see the decline predictions and does not take psychologically seriously. If the analyst continues to be right Aave We can see that the price tested $ 275.
“It is understandable for the decrease -to -rise analysis during the rise periods. However, I think that the risk of risk reached the summit and FOMO is effective in times when FOMO is effective will be beneficial for investors.” – Traderleevis
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.