Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) continued to climb higher as the price climbed above 2100 following its recent Shepela update.
After a low of 1,987.05 on Thursday, ETH/USD rose to a high of 2,126.32 in today's session.
As a result of today's increase in price, the world's second-largest cryptocurrency has reached its highest level since last May.
The latest rally came when the bulls broke the key resistance level of 2,030, with the RSI crossing its own hurdle at the 72.00 mark.
Like BTC, ETH's RSI is also overbought, with the index reading 75.29 at the time of writing.
A higher range at 80.00 now awaits the current uptrend in the market.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:-Ethereum (ETH) continued to climb higher as the price climbed above 2100 following its recent Shepela update.
After a low of 1,987.05 on Thursday, ETH/USD rose to a high of 2,126.32 in today's session.
As a result of today's increase in price, the world's second-largest cryptocurrency has reached its highest level since last May.
The latest rally came when the bulls broke the key resistance level of 2,030, with the RSI crossing its own hurdle at the 72.00 mark.
Like BTC, ETH's RSI is also overbought, with the index reading 75.29 at the time of writing.
A higher range at 80.00 now awaits the current uptrend in the market.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
