Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) is largely unchanged at the time of writing, as the cryptocurrency consolidated to start the weekend.
ETH/USD reached a high of 1,571.75 on Friday, it has since fallen to a current reading of 1,546.80.
This is slightly higher than yesterday’s low at $1,538.09, marginally above a support point of 1,535.
The drop in price coincides with the RSI failing to breach its own point of resistance at the 40.00 mark.
price strength is at the 37.46 level, with the 10-day moving average trending downwards.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Chart Analysis:- Ethereum (ETH) is largely unchanged at the time of writing, as the cryptocurrency consolidated to start the weekend.
ETH/USD reached a high of 1,571.75 on Friday, it has since fallen to a current reading of 1,546.80.
This is slightly higher than yesterday’s low at $1,538.09, marginally above a support point of 1,535.
The drop in price coincides with the RSI failing to breach its own point of resistance at the 40.00 mark.
price strength is at the 37.46 level, with the 10-day moving average trending downwards.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
