Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) also edged lower in today’s session, falling below the 1,800 mark in the process.
After reaching a high of 1,857.81 on Thursday, ETH/USD dropped to a bottom at 1,764.01 earlier in the day.
This decline has seen ETH snap a seven-day bull run, pushing the cryptocurrency away from a multi-month high in the process.
The drop coincided with the RSI failing to breach a resistance level of 74.00, and it is now tracking at a reading of 71.13.
Traders who are holding onto their long positions may begin to reconsider this, should the index fall below the 70.00 mark.
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