BINANCE:ETHUSDT   Ethereum / TetherUS
Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Ethereum (ETH) neared a drop below a key price level in today’s session, hitting a one-week low in the process.
ETH/USD slipped to an intraday low of 1,606.18 earlier in the day, following Wednesday’s peak at 1,639.35.
Thursday’s decline pushed ethereum to its weakest point since September 13, which was the last time price was below 1,600.
Since failing to break out of a ceiling at 49.00, the RSI has moved closer into oversold territory and now tracks at 41.52.
Bears seem to be looking to land at a point of support at 35.00, which could lead ETH to hit the 1,575 floor.
Bulls are possibly still waiting in the wings, as the 10-day (red) and 25-day (blue) moving averages have still not crossed.

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