#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSWelcome to this ETH/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
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CHART ANALYSIS:-Ethereum (ETH) was trading below $1,300 for a third straight day, following recent market uncertainty.
Despite starting the day, and week, trading at the bottom of $1,178.43, ETH/USD marginally rebounded, climbing above $1,200.
The world’s second-largest cryptocurrency surged to an intraday peak of $1,267.48, which is over 2% higher than earlier lows.
Looking at the chart, the surge in price has also led to the RSI climbing higher, with the index now hovering below a ceiling of 43.00
In order for ETH to extend today’s surge and move above $1,300, this point of resistance will likely need to be broken.
Overall, Ethereum is currently down by as much as 20% from the same time last week.
This is not a piece of financial advice.
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