, which is considered a crossroads for it: it will either find some buying power and move towards $2000 or retrace back to the $1200 range we saw in the beginning of July. There are only so many conditions in which we are going to see Ethereum's price increase next week. One of them is the continuous inflows to the market prior to the Merge update, which positively affects the performance of alternative PoW coins like Raven.
At the same time, it is worth noting that the community around the cryptocurrency market is seeing a sentiment improvement thanks to last week's productivity that brought us more than 15% of gains on variousThe total market cap of the cryptocurrency market once again reached the $1 trillion threshold.