BTC, ETH, SOL and MATIC Price Analysis for August 11

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BTC, ETH, SOL and MATIC Price Analysis for August 11
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Can MATIC keep up with the rise of other coins? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum

Ethereum has gained even more than Bitcoin , going up by 3.13%.

It seems that Ethereum could not fix above the $1,900 zone on the first attempt. Currently, one needs to pay close attention to the $1,850 mark. If buyers can hold this level, there are high chances to see the retest of $1,900 and possible further growth to the vital mark of $2,000. Such a scenario is relevant until the end of the month.Solana is the biggest gainer from the list today, rocketing by 4% over the past 24 hours.

Solana is again trying to break the resistance level at $44.87. The bulls' power is also confirmed by the rising volume, which means that a breakout may occurr soon. If that happens, it can be the prerequsite for a sharp rise to the $50 zone.MATIC is the only falling coin today, going down by 0.46%.

From the technical point of view, MATIC is trading in a narrow range between the support at $0.8448 and the resistance at $0.9849. At the moment, the price is close to the upper level, which means that bulls are more powerful than bears. If the daily candle closes above $0.95, the test of the $1 mark is just a matter of time.

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