ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS
Hello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-ethereum (ETH) also trended higher on Tuesday, as it once again rose into the $1,200 region.
Following a low of $1,160.38 to start the week, ETH/USD raced to a peak of $1,214.73 earlier in the day.
This comes despite the fact that there has been a recent downward crossover between the 10-day (red) and 25-day (blue) moving averages.
As of writing, the world’s second largest cryptocurrency seems set to collide with a higher resistance at the $1,230 level.
This could prove to be challenging however, with the 14-day RSI now hovering directly below a ceiling at 47.00.
Should there be a break of this key threshold, we will likely see more ETH bulls reenter the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-ethereum (ETH) also trended higher on Tuesday, as it once again rose into the $1,200 region.
Following a low of $1,160.38 to start the week, ETH/USD raced to a peak of $1,214.73 earlier in the day.
This comes despite the fact that there has been a recent downward crossover between the 10-day (red) and 25-day (blue) moving averages.
As of writing, the world’s second largest cryptocurrency seems set to collide with a higher resistance at the $1,230 level.
This could prove to be challenging however, with the 14-day RSI now hovering directly below a ceiling at 47.00.
Should there be a break of this key threshold, we will likely see more ETH bulls reenter the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.