Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) suffered heavy losses to start the week, with the price falling under the 1,600 zone.
ETH/USD moved to a bottom at 1,590.34 earlier in today’s session, which came a day after peaking at 1,638.90.
it appears that sellers are looking to push the world’s second-largest cryptocurrency to a floor at 1,560, before possibly taking profits.
Ethereum is now trading at a two-week low, with the RSI also hovering around its weakest point since late September.
Price strength is now tracking at 41.65, after recently slipping below a point of support at the 43.00 level.
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) suffered heavy losses to start the week, with the price falling under the 1,600 zone.
ETH/USD moved to a bottom at 1,590.34 earlier in today’s session, which came a day after peaking at 1,638.90.
it appears that sellers are looking to push the world’s second-largest cryptocurrency to a floor at 1,560, before possibly taking profits.
Ethereum is now trading at a two-week low, with the RSI also hovering around its weakest point since late September.
Price strength is now tracking at 41.65, after recently slipping below a point of support at the 43.00 level.
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.
