hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was marginally higher on Saturday, as the price rebounded from a recent move below 1,600.
Following a high of 1,695.45 on Friday, ETH/USD fell to a bottom of 1,644.93 to start the weekend.
On Thursday, ethereum dropped to a low of 1,540, which was its weakest point since March 12, when the price was trading below the 1,459 level.
The 10-day (red) moving average is now firmly on a downward trend, after appearing as though it was nearing an upwards cross earlier in the week.
ethereum seems to have found a firm floor around the 1,660 level.
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) was marginally higher on Saturday, as the price rebounded from a recent move below 1,600.
Following a high of 1,695.45 on Friday, ETH/USD fell to a bottom of 1,644.93 to start the weekend.
On Thursday, ethereum dropped to a low of 1,540, which was its weakest point since March 12, when the price was trading below the 1,459 level.
The 10-day (red) moving average is now firmly on a downward trend, after appearing as though it was nearing an upwards cross earlier in the week.
ethereum seems to have found a firm floor around the 1,660 level.
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
