Hello, welcome to this ETH /USDT 4hr chart update by CRYPTOSANDERS.
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CHART ANALYSIS:-Ethereum (ETH) was also in the green in today’s session, with prices moving closer to the $1,600 mark.
Following a low of $1,526.73 on Thursday, ETH/USD surged to an intraday high of $1,585.98 earlier in the day.
The move led to the token colliding with the key resistance point, however failing to fully break out of this barrier.
Since this earlier collision, ETH has somewhat slipped, and as of writing is currently trading at $1,577.26.
Like with bitcoin earlier, previous bulls have seemingly taken profits, just as the RSI neared a resistance point of its own.
This is not a piece of financial advice.
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