Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:-Ethereum (ETH) also made marginal gains to start the weekend.
Following a low of 1,613.38 on Friday, ETH/USD moved to an intraday high of 1,659.61 as the session progressed.
gains have somewhat faded, with the world’s second-largest cryptocurrency now trading at 1,641.61.
The 14-day RSI on ethereum is now hovering near a resistance of 50.00, however, unlike BTC, it has not yet been able to break out of this zone.
In the event this takes place in the coming hours, ethereum bulls will likely make another run for the 1,700 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) also made marginal gains to start the weekend.
Following a low of 1,613.38 on Friday, ETH/USD moved to an intraday high of 1,659.61 as the session progressed.
gains have somewhat faded, with the world’s second-largest cryptocurrency now trading at 1,641.61.
The 14-day RSI on ethereum is now hovering near a resistance of 50.00, however, unlike BTC, it has not yet been able to break out of this zone.
In the event this takes place in the coming hours, ethereum bulls will likely make another run for the 1,700 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.
