BTC, ETH, EOS and SOL Price Analysis for August 17

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BTC, ETH, EOS and SOL Price Analysis for August 17
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Can BTC or other coins follow the rise of EOS? block_one_ EOS $EOS BrendanBlumer Freyadhaizy GenerEOSAus crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum

If the breakout of $23,000 happens, one can expect a test of the nearest level at $22,400 by the end of the current month.Ethereum has lost more than Bitcoin with a drop of 2.53%.

Ethereum is trading below $1,900, which means that there are low chances of seeing a midterm bull run. If bulls cannot seize the initiative by the end of the day, the leading altcoin can touch the support level at $1,785 very soon.EOS is an exception to the rule as the coin has rocketed by almost 20% over the past 24 hours.

EOS has broken the resistance at $1.449 on the daily chart. Until the rate is above this mark, buyers remain more powerful than sellers. However, bulls might need more time to accumulate power for further growth. In this case, sideways trading in the range of $1.5-$1.6 is the more likely scenario for the upcoming days.Solana has continued to rise after the false breakout of the $44 mark. At the moment, one should pay attention to the vital level of $40.

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