Cryptocurrency

Solana

Polygon

Ethereum Classic

Daily

<ul class="news-points">
 <li>CoinMarketCap indicated that the global cryptocurrency market’s value dropped 0.54% over the past 24 hours.</li>
 <li>ETH, MATIC, SOL, and ETC were at risk of entering a strong downward move in the next few days.</li>
 <li>A breakout pattern on ETC’s daily chart suggests the altcoin may surge to $18.45.</li>
</ul>
<a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">Cryptocurrency prices</a> seem to be responding negatively to the recent war in Israel. CoinMarketCap data indicated that the market’s valuation dropped 0.54% over the past 24 hours. Altcoins suffered the most as Bitcoin’s (BTC) market dominance rose 0.02% during the same period.
Ethereum (ETH), Ethereum Classic (ETC), Polygon (MATIC), and Solana (SOL) are altcoins to watch in the next few days. At press time, technical indicators and chart patterns on their respective charts suggested that these altcoins could see their prices enter into strong moves soon.
<h2 class="wp-block-heading" id="h-ethereum-eth">Ethereum (ETH)</h2>
The altcoin market leader was rejected by a key resistance level throughout the past 2 weeks. Since then, ETH has broken through the subsequent support level, where it continued to trade at press time.
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" src="https://www.tradingview.com/x/Od1PMUOm/" alt="">
 <figcaption class="wp-element-caption">Daily chart for ETH/USDT (Source: <a href="https://www.tradingview.com/x/Od1PMUOm/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
On October 2, 2023, ETH was rejected by the $1,75…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/altcoins-could-suffer-due-to-the-israel-hamas-conflict/">Altcoins Could Suffer Due to the Israel-Hamas Conflict</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Altcoins Could Suffer Due to the Israel-Hamas Conflict

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