hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) has remained largely unchanged in the past few days, rising by 0.11% in the past week.
ETH/USD bottomed out at 1,837.21 so far during today’s session, which is almost 20.00 lower than Monday’s high.
Price has mostly consolidated around a support point of 1,830 in however, the prospect of a moving average crossover is keeping bullish hopes alive.
The 10-day (red), and 25-day (blue) moving averages are on the cusp of an upwards crossover, which could likely send prices above 1,900.
there will first need to be a breakout above a ceiling on the RSI indicator for this to take place.
On this occasion, the resistance point is at 47.00, and the index is currently tracking at 45.23.
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