Analytics / Forex and Crypto News
Over the past 24 hours, the largest altcoin has risen in price by almost 10%.
At the time of publication, Ethereum reached $213, the market capitalization of the cryptocurrency exceeded $23 475billion.
Currently, almost all of the largest digital assets show growth in price. Bitcoin holds above $9,800, and if support continues over the next 24 hours, the coin can grow to $10,000 to demonstrate a five-month high.
The optimistic moods are strengthening among the traders. There are even such players who believe that they will be long-term.
For example, crypto trader Josh Rager tweeted that, traders will soon regret not having bought ETH for $200.
Currently, the resistance levels are the levels of $210 and $215. Even if the first resistance is broken, it is unlikely that it will be possible to exceed $215 according to the results of today's session.
Ethereum ecosystem continues to expand, which certainly has a positive effect on the attractiveness of the widest altcoin. The growth driver of the network is the DeFi decentralized financial services. Also, thanks to the ETH2.0 update.
During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.
According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov