ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.

CHART ANALYSIS:-Ethereum (ETH) extended recent gains today, with prices breaking out of a key resistance point in the process.

Following a low of $1,628.67 on Tuesday, ETH/USD jumped to a peak of $1,688.53 during the hump-day session.

As a result of today’s gains, the world’s second-largest cryptocurrency climbed past a resistance level of $1,675.

Similar to bitcoin, this move pushed ETH to its highest point since Saturday, with the RSI also hitting a four-day peak.

At the time of writing, the index is at a reading of 62.97, which is slightly below a ceiling of 64.00.

ETH bulls will likely attempt to break this resistance in the coming days, which will inevitably mean prices move back above $1,700.

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