The “Investing” website said that the prices of cryptocurrencies rose during the current period, and that the current resistance levels for the Ethereum cryptocurrency reached near the levels of 1240 dollars, reaching up to the levels of 1700 dollars, so that the second largest digital currencies might achieve and record remarkable increases during the past few days, and from It is expected to achieve more rises during the coming period, while warnings come of a sudden reversal in performance and fall.
Cryptocurrency rates
And the currency achieved during the week’s trading, an increase of more than 14%, and it also recorded a rise in thirty days by 24%, but the major currency is declining by 33% within sixty days and by 53% within ninety days, and by 64% from the beginning of the year.
Bitcoin achieves a rise in its price
The most famous currency, Bitcoin, also achieved a noticeable rise during today’s trading, as it recorded 21 thousand and 173 dollars, achieving an increase of 1.21%, compared to the past four weeks, Bitcoin gained 2.62%. Over the past 12 months, its price has fallen by 32.80%.
Expectations to rise
Expectations are for Ethereum to rise to $1,700, up 25%, or fall to $400, down 70%, as the price of Ethereum is still confined to the same trading area since June 13 and is currently heading to near $1240.
