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While the cryptocurrency market is having a volatile week, ETH continues to attract attention with its rise. With the ETF approval in Ethereum, Ethereum, which was on the rise, experienced an even more accelerated rise. According to TradingView data, while it decreased by 2.5 percent, it increased by more than 20 percent in the last week, rising from $ 2700 to $ 3400.
You may be interested in: Ethereum ETFs Listing Date Has Announced!
The areas to pay attention to in ETH are the $ 3250 region and the $ 3500 region, where the withdrawal may deepen. In order for the decline in ETH, which is currently experiencing profit sales, to not deepen, it must receive a reaction from the $ 3250 levels in case of a possible withdrawal. On the other hand, it is also possible that the rise may increase further if it exceeds $ 3500.
With the listing of Ethereum ETFs approved last night, the ETH ETF process has come to an end. With this decision, ETFs will begin trading on July 23, 2024.
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