hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved significantly lower following the news, slipping below 1,600.
ETH/USD dropped to an intraday low of 1,551.71 on Friday, down nearly 200.00 from Thursday’s peak.
This is the weakest reading for ethereum since March 12, when the price was trading below the 1,459 level.
today’s sell-off has moved the RSI into a bear zone, with a current reading of 21.30.
This could work in favor of bulls looking to buy the dip, and to a degree already has, with ETH now trading at 1,661.05.
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 moved significantly lower following the news, slipping below 1,600.
ETH/USD dropped to an intraday low of 1,551.71 on Friday, down nearly 200.00 from Thursday’s peak.
This is the weakest reading for ethereum since March 12, when the price was trading below the 1,459 level.
today’s sell-off has moved the RSI into a bear zone, with a current reading of 21.30.
This could work in favor of bulls looking to buy the dip, and to a degree already has, with ETH now trading at 1,661.05.
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
