Hello friends, welcome to this Ethereum update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) continued to trend higher on Friday, breaking out of a key resistance level in the process.
ETH/USD peaked at 1,687.28 earlier in today’s session, which comes a day after trading at a low of 1,620.68.
This surge has resulted in ethereum climbing over a long-held ceiling at $1,670, hitting a one-month high in the process.
The latest uptrend coincided with the relative strength index moving beyond a ceiling of its own at 57.00. It is now tracking at 58.61.
Bulls will likely remain unsatisfied until they take ethereum back above 1,700, which hasn’t happened since the end of August.
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) continued to trend higher on Friday, breaking out of a key resistance level in the process.
ETH/USD peaked at 1,687.28 earlier in today’s session, which comes a day after trading at a low of 1,620.68.
This surge has resulted in ethereum climbing over a long-held ceiling at $1,670, hitting a one-month high in the process.
The latest uptrend coincided with the relative strength index moving beyond a ceiling of its own at 57.00. It is now tracking at 58.61.
Bulls will likely remain unsatisfied until they take ethereum back above 1,700, which hasn’t happened since the end of August.
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.
