hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) remained close to the 1,630 level during today’s session, despite attempts by bears to force a breakout below 1,600. ETH/USD has climbed away from an earlier low of 1,610.14 on Wednesday, with the price going on to peak at 1,635.29. the 10-day (red) and 25-day (blue) moving averages seem set for an imminent upwards cross, however price has yet to react to the prospect. Ethereum’s price strength now sits at a reading of 36.80, marginally above a floor of 36.00, however, a ceiling of 44.00 is likely the real target for traders. Should a reversal happen in the coming days, a move to this point of resistance will be enough to send ETH past 1,700.
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