Crypto Analyst Ali Martinez, Ethereum $2,742.7He said he was very close to an important level of support. He said in a statement, if the support level fails, Ethereum’s value may decrease by about 39 %.
Ethereum Analysis
Martinez, Ethereum’un 12 -hour time rising channel formation is close to the lower trend line, he said. Although the rising channel formation usually gives a positive signal, a negative transformation may be experienced if the lower line is broken. If support of $ 2,500 is maintained, significant increases in the price of Ethereum can be observed.
Ali Martinez: “Ethereum may rise to $ 4,000 or $ 6,000 if it remains above $ 2,500.”
Avalanche evaluation
Analyst, avalanche 
$25.3 He also stated that he applied similar technical analysis approaches. Avalanche’s symmetrical triangular formation is broken in the lower trend line, the token price may decline by about 22 %, he said. This assessment points to the short -term movements of two different digital assets.
Martinez stressed that technical support and resistance levels should be closely monitored for both Ethereum and Avalanche. High transaction volume and market dynamics produce signs that sudden price movements may occur in these assets. These signals in graphic analysis may lead to cautious investors.
In the light of observations, technological developments and market dynamics, it creates an important guide for investors. These analyzes may provide useful information for the preparation of fluctuations in the market.
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.
