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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!
Ethereum
ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!
By CryptoSanders9563
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Feb 22, 2023
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Feb 22, 2023
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was in the red for a second consecutive session, breaking out of a key support point in the process.
Following a high of $1,682.78 on Tuesday, ETH/USD slipped to a bottom of $1,628.69 earlier in the day.
Today’s drop came as ethereum moved further below a long-term support zone at the $1,675 mark, with $1,625 acting as an interim floor.
Since hitting this low, bulls have somewhat reentered the market, with ethereum now trading at $1,643.32.
Price strength has also plunged, with a floor of 57.00 giving way earlier in the session, with the RSI now tracking at 53.76.
Overall, ethereum is still trading nearly 6% higher from the same time last week.
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
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