20 feb 2023
Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS. CHART ANALYSIS:-Ethereum (ETH) has mostly traded higher in the past 24 hours, with prices remaining above $1,700. ETH/USD moved to a peak of $1,718.95 earlier in the day, which comes after falling to a low of $1,659.30 on Sunday. Like with bitcoin, the gain took place as prices bounced from a recent floor — on this occasion the $1,675 mark. An upwards crossover of moving averages has also occurred in today’s session, which is usually a sign of a change in market momentum. Should this be the case, then there is a strong possibility that ethereum bulls could target $1,800, which hasn’t been hit since September. In order to potentially move towards this level, an upcoming hurdle of 67.00 on the RSI indicator must first be overcome. 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