Crypto currency Investors were sure of a stronger wave of rise in crypto currencies until the last PPI data. However, the last report, which shows the effect of tariffs on inflation more clearly, undermined the risk appetite of investors. This week may be the day that the markets assign direction with more data.
Ethereum (ETH)
Continuing to the day with 5 losses Ether It fell to $ 4.275 and continues to move away from the AC region. We mentioned that 4.150 dollars could be tested soon and we talked about this scenario while the PPI data shared its last minute. The news flow has long been triggering results on graphics for a long time.
ETH, which is less than 100 dollars to AC level, is now roughly 10 %below the summit. Previously, the $ 4,120-4.200 dollar region was preserved for a short-term support and the rise started here. The significant resistance point must continue to be protected by support.
Hopeful detail ETHBTC Parity. 0.037 BTC level is protected as support. If this is lost, the parity decreases to 0.035, while the USD parity is likely to accelerate sales. Therefore, Altcoin investors need to be on a trigger and focus on two graphs and follow a larger wave of sales in the rest of the Altcoins. We can say that we are at risky hours.
18 August crypto currency fluctuations
EU leaders will come to the White House at 19:00. Trump And Putin He met in Alaska and could not reach a result. Even though we see signals that the meeting was positive, we did not see a clear agreement, agreement conditions and interview details. All this points to Putin’s potential to take a more tense attitude in the background.
In the shadow of B2 bombardment aircraft, Trump made a full body show against Putin, who was met at the bottom of the warplanes. His intimidation was a threat of what could happen if there was no agreement.
Today, it may be a day when we can see which of the agreement or voltage shoes predominates. Trump will meet Zelenski at 20:00 and will meet at 20:15. Trump, which will be greeting with EU leaders and Zelenski until 22:00, will start to take more deep talks after 22:00 (TSI), which will shoot photo shoots. The explanations to be made, the messages to be given can prepare the ground for recovery or deeper sales in crypto currencies.
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.
