Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) reached 1,800 for the first time in several months, after being the beneficiary of general sentiment around crypto.
ETH/USD rallied to an intraday high of 1,845.99 earlier today, a day after trading at a bottom of 1,664.58.
ethereum reached its highest point since August 13, when the price was marginally below 1,860.
The move saw ethereum climb for a fifth straight session, as the RSI broke out of a resistance at 60.00.
ETH is now severely overbought, with the index now tracking at 76.79.
Bulls broke a ceiling of 68.00 over the last several hours, however it is unlikely that this will be sustained, as profit takers begin to loom.
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) reached 1,800 for the first time in several months, after being the beneficiary of general sentiment around crypto.
ETH/USD rallied to an intraday high of 1,845.99 earlier today, a day after trading at a bottom of 1,664.58.
ethereum reached its highest point since August 13, when the price was marginally below 1,860.
The move saw ethereum climb for a fifth straight session, as the RSI broke out of a resistance at 60.00.
ETH is now severely overbought, with the index now tracking at 76.79.
Bulls broke a ceiling of 68.00 over the last several hours, however it is unlikely that this will be sustained, as profit takers begin to loom.
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.
