Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also surged higher in today’s session, with prices moving back above $1,700.
ETH/USD hit a high of $1,766.55 earlier in today’s session, which comes less than 24 hours after hitting a bottom at $1,644.54.
The move saw the world’s second-largest cryptocurrency move past a recent price ceiling of $1,720.
Similar to BTC, it appears that an upwards cross between the 10-day (red) and 25-day (blue) moving averages is on the cards.
One hurdle for this cross will be the upcoming ceiling of 65.00 on the RSI, which is currently tracking at 62.86.
Should it move beyond this point, it is highly likely that ETH will be trading above $1,800.
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) also surged higher in today’s session, with prices moving back above $1,700.
ETH/USD hit a high of $1,766.55 earlier in today’s session, which comes less than 24 hours after hitting a bottom at $1,644.54.
The move saw the world’s second-largest cryptocurrency move past a recent price ceiling of $1,720.
Similar to BTC, it appears that an upwards cross between the 10-day (red) and 25-day (blue) moving averages is on the cards.
One hurdle for this cross will be the upcoming ceiling of 65.00 on the RSI, which is currently tracking at 62.86.
Should it move beyond this point, it is highly likely that ETH will be trading above $1,800.
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
