Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) was also lower today, as prices slipped from an eight-month high the day prior.
Following a high of $1,924.47 on Wednesday, ETH/USD dropped to an intraday low of $1,859.00 earlier in the day.
As a result of this decline, ethereum has fallen from its strongest point since Aug. 17, when the price peaked at $1,957.
today’s drop resulted from the RSI hovering below a recent support point of 61.00.
Overall, it appears that earlier bulls have moved to take profits, ahead of the upcoming uncertainty in the market.
At the time of writing, ethereum is trading at $1,871.63.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:-Ethereum (ETH) was also lower today, as prices slipped from an eight-month high the day prior.
Following a high of $1,924.47 on Wednesday, ETH/USD dropped to an intraday low of $1,859.00 earlier in the day.
As a result of this decline, ethereum has fallen from its strongest point since Aug. 17, when the price peaked at $1,957.
today’s drop resulted from the RSI hovering below a recent support point of 61.00.
Overall, it appears that earlier bulls have moved to take profits, ahead of the upcoming uncertainty in the market.
At the time of writing, ethereum is trading at $1,871.63.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
