Ethereum (eth) increases 9% after Trump announces the high the fire of Israel-Iran to end ‘the 12-day war’



Ether (eth)

It is quoted at $ 2,420, 8.61% in the last 24 hours, after increasing abruptly in the hours after the unexpected announcement of former US president Donald Trump of a high -fire agreement between Israel and Iran, according to the technical analysis model of Coindesk Research.

The measure seems to have reversed the recent anxiety of the war driven by war, feeding a renewed feeling renewed in cryptography markets.

At 10:02 pm UTC on June 23, Trump published in Truth Social that Israel and Iran had reached a full -fire agreement. According to his statement, each country would stop hostilities in coordinated stages: Iran would start a high 12 -hour fire, followed by Israel, which leads to a complete cessation of the 24 -hour conflict. Trump described this as a successful conclusion of what he described a 12 -day war: one that, according to him, could have intensified in a much longer and more devastating regional conflict. He praised both parties for choosing the restriction and accredited the agreement to avoid greater agitation in the Middle East.

The announcement injected a wave of optimism into the cryptography market, especially for high beta assets such as Ether. Before the manifestation, ETH had already been showing signs of force, supported by a constant accumulation of whales. The data in the chain show that more than $ 265 million in ETH were acquired by large headlines during the recent recession, including a single wallet that bought 47,070 ETH —R of $ 113 million, for a period of three days.

The foundations of the Ethereum network remain solid, with an average of 1 million new directions of ETH wallet created weekly since mid -May, which represents an increase of 50% year after year. With the setback of volatility and the return of risk appetite, merchants now observe if eth can break the next psychological threshold of $ 2,500.

TECHNICAL ANALYSIS

  • ETH recovered 7.7% of $ 2,230 to $ 2,401 on the 24 -hour analysis window.
  • The high volume support was formed between $ 2,220 and $ 2,230, with initial purchases at $ 2.191.36.
  • The price exploded above $ 2,400 during window 22: 02–22: 11 as a volume increased to 28,149 ETH.
  • The resistance to $ 2,275 was inclined in the support as the impulse purchase accelerated.
  • ETH touched a maximum intrahour of $ 2,434.95 before entering a consolidation phase.
  • The price of the action formed a possible bull flag since ETH quoted between $ 2,390 and $ 2,402.
  • The volume increased to 2.5x the average of 24 hours in the last three hours of the session.
  • The highest minimums confirmed an upward structure throughout the upward trend.

Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.



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