hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- After almost falling below 1,600 on Friday, ethereum (ETH) was mostly higher to start the weekend’s session.
ETH/USD peaked at 1,650.71 earlier in the day, but momentum has since dropped, with the price now at 1,635.02.
The world’s second-largest cryptocurrency has not been able to move back above 1,650, which has been a point of price support.
it appears that ETH managed to avoid dropping under 1,600 due to the relative strength index (RSI) colliding with a floor at 36.00.
price strength is now tracking at a reading of 37.04, with the next visible ceiling at 49.00.
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