SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- Solana continues to impress with its resilience. After a brief pullback from its resistance at $67, the price is back on an uptrend and booked a 6% increase compared to last week. This makes Solana the best performer on our list.
Buyers defended the price well when it reached $50, and since then, they managed to push it to $60.
Solana is well placed to move higher, challenge the current resistance, and even break it if the overall market remains bullish.
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Cryptosandets
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) narrowly avoided a move below 1,600 over the last 24 hours, despite market sentiment seemingly remaining bearish.
Following a drop to a bottom of 1,603.03 on Sunday, ETH/USD climbed to a peak of 1,650.71 to start the week.
The price of the world’s second-largest cryptocurrency has since slipped, and as of writing is now trading at 1,633.67.
After almost dropping below 1,600, downward momentum eased as Ethereum’s RSI found a stable support point of 36.00.
price strength is now tracking at a reading of 36.79, with the 10-day (red) and 25-day (blue) moving averages on the cusp of an upward cross.
RSI remains above 36.00, there is a good chance that ETH will move above 1,700 in the coming days.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH), for its part, was unable to remain above a key price level of 1,900 during Monday’s session.
Following a high of 1,920.08 on Sunday, ETH/USD dropped by 2% today, hitting a bottom of 1,870.30 in the process.
The cryptocurrency has since marginally rebounded, and as of writing is trading at 1,882.04.
A key reason for the turbulence remains the fact that price strength has been unable to move past a ceiling of 61.00.
momentum in ethereum has turned bearish following a failed attempt to move above a ceiling of $1,930.
the RSI fell below a floor at 58.00, with a current reading of 57.75.
I have tried to bring the best possible outcome to this chart.
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