Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also moved higher in the last 24 hours, hitting a seven-month high in the process.
Following a high of $1,779.92 yesterday evening, ETH/USD is now trading at $1,696.20, which is still marginally higher than Tuesday’s low of $1,668.69.
Yesterday’s high saw ethereum climb to its strongest point since last August, breaking out of a ceiling at $1,750 in the process.
Since accomplishing this feat, ETH has since declined, following a collision with the 62.00 level on the RSI.
At the time of writing, the index is now tracking at 57.21, with ethereum bulls continuing to secure yesterday’s gains.
A floor at the 55.00 mark could be a possible target for sellers, should prices continue to decline in the coming days.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:-Ethereum (ETH) also moved higher in the last 24 hours, hitting a seven-month high in the process.
Following a high of $1,779.92 yesterday evening, ETH/USD is now trading at $1,696.20, which is still marginally higher than Tuesday’s low of $1,668.69.
Yesterday’s high saw ethereum climb to its strongest point since last August, breaking out of a ceiling at $1,750 in the process.
Since accomplishing this feat, ETH has since declined, following a collision with the 62.00 level on the RSI.
At the time of writing, the index is now tracking at 57.21, with ethereum bulls continuing to secure yesterday’s gains.
A floor at the 55.00 mark could be a possible target for sellers, should prices continue to decline in the coming days.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
