Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) rebounded from Friday’s drop, making a run back towards the 1,800 level to start the weekend.
ETH/USD peaked at 1,796.57 on Saturday, after the price fell to a low of 1,751.44 less than 24 hours ago.
This climb means the world’s second-largest cryptocurrency has traded higher for nine of the last ten sessions.
this latest rally comes as the 10-day (red) moving average continues its uptrend versus its 25-day (blue) counterpart.
the RSI found a floor at 68.00, using it as a springboard to a current reading of 69.94.
Bulls will likely make further runs towards 1,800, despite overall price strength being overbought.
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) rebounded from Friday’s drop, making a run back towards the 1,800 level to start the weekend.
ETH/USD peaked at 1,796.57 on Saturday, after the price fell to a low of 1,751.44 less than 24 hours ago.
This climb means the world’s second-largest cryptocurrency has traded higher for nine of the last ten sessions.
this latest rally comes as the 10-day (red) moving average continues its uptrend versus its 25-day (blue) counterpart.
the RSI found a floor at 68.00, using it as a springboard to a current reading of 69.94.
Bulls will likely make further runs towards 1,800, despite overall price strength being overbought.
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.
