The encryption buildings acquires attention amid market fluctuations in 2023 | Flash news details

On June 15, 2023, at 10:00 am International time, a major event in the market is revealed in the coded currency area, as the ETHEREUM (ETH) price increased by 5.2 % to $ 1850 within 30 minutes. This price movement was accompanied by a 25 % increase in trading volume during the previous hour, with a total of $ 12.5 billion in the ETH trading volume, according to data from Coinmarkcap (Source: Coinmarkketcap, 15 June 2023, 10:30 am UTC). This event was run by a positive report from JPMorgan Chase regarding the potential integration of ETHEREUM in their payment systems, which led to an increase in institutional interest and subsequent purchase pressure (Source: JPMorgan Chase Report, June 15, 2023). The ETH/BTC trading pair witnessed an increase of 4.5 % in the same period, while ETH/USDT increased by 5.1 %, indicating a large -scale gathering through the main trading pairs (Source: Binance Trading Data, June 15, 2023, 10:30 AM UTC). The scales on the series also revealed a 30 % increase in active ETHEREUM addresses, with 22 % transactions in the same time frame (Source: ETHERSCAN, June 15, 2023, 10:30 AM UTC). This event was not only highlighted on the strong market position on Ethereum, but also stressed the impact of institutional approvals on the dynamics of the encryption market.

The trading effects of this increase were deep, as market participants quickly controlled their strategies to take advantage of the momentum. ETHEREMM has reached 72, indicating conditions at the height of purchase and suggests possible opportunities to make profit in the short term (Source: TradingView, 15 June 2023, 10:45 am UTC). Bollinger’s ethics domains widened, as the upper range touches $ 1870, indicating increased volatility and price movements (Source: TradingView, 15 June 2023, 10:45 AM UTC). The difference in moving average rapprochement (MACD) showed a bullish intersection, enhancing positive momentum (Source: Tradingview, June 15, 2023, 10:45 AM UTC). Regarding trading sizes, the ETH/USDT pair on Binance at the only $ 5.2 billion in trading during the increase, an increase of 35 % over the previous clock size (Source: Binance Trading Data, June 15, 2023, 10:45 AM UTC). ETH/BTC pair on Coinbase witnessed an increase in 28 %, totaling $ 1.8 billion (Source: Coinbase trading data, June 15, 2023, 10:45 AM UTC). These nails indicated the interest of strong market means, which traders can benefit from each of the short -term and long -term positions.

From a technical perspective, the ETHEREUM prices were marked on June 15, 2023, with a clear break above the resistance level of $ 1,800, which was previously crowned for two weeks (Source: TradingView, June 15, 2023, 11:00 am UTC). Via the 50 -day moving average over the 200 -day moving average, and it forms a “golden cross” and indicates a long -term bullish trend (Source: TradingView, June 15, 2023, 11:00 am UTC). The trading volume during this period was exceptionally high, as a total of $ 14.2 billion was traded on all stocks, an increase of 30 % over the daily average (Source: Coinmarketcap, 15 June 2023, 11:00 am UTC). The average real range (ATR) for ETHEREUM increased by 15 %, indicating increased volatility and the possibility of continuous price movements (Source: TradingView, 15 June 2023, 11:00 am UTC). The scales on the chain showed a significant increase in whale transactions, as transactions exceeding $ 100,000 increased by 40 % during the mutation hour (Source: Glassnode, 15 June 2023, 11:00 AM UTC). These technical indicators and sized data confirmed the strength of upward feelings and providing merchants with clear signals of possible entry and exit points.

In the context of developing artificial intelligence, artificial intelligence in trading algorithms has increased steadily, with a noticeable increase of 15 % in the trading volume moved by artificial intelligence last month (Source: Cryptoquant, June 15, 2023). This trend had a direct impact on the prosecutor’s distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet), which witnessed an increase in prices by 8 % and 6 %, respectively, on June 15, 2023, following the ETHEEUM (Source: Coinmarketcap, 15 June 2023, 11:30 am). The relationship between Ethereum and artificial intelligence symbols is clear, as both sectors benefit from increasing institutional interests and technological progress. Positive morale in the market driven by artificial intelligence developments led to a 10 % increase in the morale of the total encryption market, as it was measured by the Crypto Fear & Greed Index (Source: Alternative.me, June 15, 2023, 11:30 AM UTC). This link opens the chances of trading in the artificial intelligence crossover/encryption, especially in the distinctive symbols that participate directly in artificial intelligence projects or platforms. Traders can monitor AI trading changes in expecting market movements and taking advantage of emerging trends.

The questions that are asked frequently about this event include the market how to explain the values ​​of the relative strength index of trading decisions, what is the importance of the golden cross, and how artificial intelligence developments can affect the morale of the encryption market. The value of the 72 RSI indicates that Ethereum may have been overlooked, and traders may think of achieving profits or waiting for withdrawal before entering into new positions. The golden cross indicates a strong, long -term upward trend, which can be a sign of investors in the long run to keep or increase their positions. Developments of artificial intelligence can enhance the feelings of the market by increasing institutional interest and leading technological innovation, which often increases trading volumes and price movements in related symbols.