Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) moved lower for a fourth straight session on Thursday, as the cryptocurrency closed in on a recent point of support.
Following a high of 1,654.43 on Wednesday, ETH/USD dropped to an intraday low of 1,632.72 earlier today.
This extended slippage pushed ethereum towards a floor of 1,620, which was last hit on September 29.
Today’s fall in price came as the RSI marginally dropped below support of its own at the 50.00 zone.
the indicator is reading 49.24, with a lower level at 44.00 a possible target for sellers in the market.
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) moved lower for a fourth straight session on Thursday, as the cryptocurrency closed in on a recent point of support.
Following a high of 1,654.43 on Wednesday, ETH/USD dropped to an intraday low of 1,632.72 earlier today.
This extended slippage pushed ethereum towards a floor of 1,620, which was last hit on September 29.
Today’s fall in price came as the RSI marginally dropped below support of its own at the 50.00 zone.
the indicator is reading 49.24, with a lower level at 44.00 a possible target for sellers in the market.
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.
