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.
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