Ethereum

ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Ethereum (ETH) was mostly higher in today’s session, as bullish sentiment made an unexpected return.

Following a low of $1,771.15 to start the week, ETH/USD climbed to an intraday high of $1,871.35 on Tuesday.

Tuesday’s rally saw bulls push ethereum back to its strongest point since August 17, when the price hit a peak of $1,957.

One of the catalysts for today’s surge appears to be a breakout at the 61.50 zone on the RSI indicator.

Currently, price strength is tracking at 62.54, with an upcoming ceiling of 65.00 a possible destination for bulls.

Should this point be hit, there is a good chance ETH will be trading at $1,900.

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Penafian