Crypto-currency market: crypto-currencies accelerated the growth at the beginning of the week

With the opening of the new week, the main crypto-currencies started to grow, which can be linked to technical correction and the strengthening of the crypt on the growth of risks to traditional assets. But, despite these factors, the crypto-currency market forms some bottom on the trend reversal.

The pair ETH / USD, despite the general resumption of demand for crypt, is limited to a resistance level of 480.000-485.000, which is expected to be repulsed. At the same time to sale entry you should wait for confirmation of a return to the downtrend. Support levels: 460.000 and 445-440.000.

ETH / USD Chart. The current price is 466,000.

Read also: “Trading Against the Trend Using Examples”

Dani Levitan