Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) was also in the red on Monday, with prices plunging below 1,900
Following a high of 1,934.00 on Sunday, ETH/USDT dropped by almost 100, hitting a low of 1,839.89 earlier in the day.
Similar to Bitcoin, today’s decline saw the world’s second-largest cryptocurrency fall for its third consecutive day.
it appears that ethereum bears are now attempting to take the RSI to its own point of support at 45.00.
Currently, the index is at the 47.02 level, having recently moved below a higher support point of 49.00.
Should price strength hit the target of 45.00, there is a possibility that ETH will be trading under 1,800.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- ethereum (ETH) was also in the red on Monday, with prices plunging below 1,900
Following a high of 1,934.00 on Sunday, ETH/USDT dropped by almost 100, hitting a low of 1,839.89 earlier in the day.
Similar to Bitcoin, today’s decline saw the world’s second-largest cryptocurrency fall for its third consecutive day.
it appears that ethereum bears are now attempting to take the RSI to its own point of support at 45.00.
Currently, the index is at the 47.02 level, having recently moved below a higher support point of 49.00.
Should price strength hit the target of 45.00, there is a possibility that ETH will be trading under 1,800.
Hit the like button if you like it and share your charts in the comments section.
Thank you
