CryptoSanders9563

ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

BITSTAMP:ETHUSD   Ethereum
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.

CHART ANALYSIS:-Ethereum (ETH) was once again trading below $1,800, as prices failed to break out from a recent key resistance point.

Following a high of $1,827.28 on Thursday, ETH/USD fell to an intraday low of $1,766.25 in today’s session.

Friday’s sell-off transpired as ETH bulls were unable to move beyond a long-term ceiling at $1,830.

The world’s second-largest cryptocurrency is now trading at $1,795.69, which seemingly suggests that some bullish sentiment still remains in the market.

This seems to be a result of price strength failing to drop below a floor at 52.00, and it has since moved to a reading at 57.35.

Should the RSI surge past the 58.00 mark, which is the next visible point of resistance, then ETH will likely be back above $1,800.

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