Daily Market Review: September 17
#Bitcoin TC on 4x TF: After several unsuccessful attempts to overcome the resistance level at $26,700, Bitcoin dropped to the upper limit of the Ichimoku Cloud. Consolidation under the seller's block is accompanied by a decrease in trading volumes, which indicates a likely test by the price of the trend support line indicated on the chart. Its breakdown will lead to a correction of the instrument to the lower border of the Ichimoku Cloud in the area of $25,750.
#ETH : Ethereum has lost some value against Bitcoin, falling 0.45% over the past 24 hours. At the moment, the asset is in a narrow price corridor between $1,600 and $1,660. The price has not been able to overcome the middle of this consolidation zone, which may indicate that sellers are starting to put pressure on the market and the price may move towards the level of $1,580 - $1,600.
An important development in the world of cryptocurrencies - the Japanese government intends to simplify the financing of startups, allowing them to receive investments in cryptocurrency.
Altcoins: The value of #FOLD increased by 35% after the announcement of the launch of the omnichain token #mevETH by DeFi platform Manifold Finance. #SOLVE 's partnership with the Hancom project resulted in SOLVE growing by 25%.