ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.

CHART ANALYSIS:-Ethereum (ETH) also moved higher in the last 24 hours, hitting a seven-month high in the process.

Following a high of $1,779.92 yesterday evening, ETH/USD is now trading at $1,696.20, which is still marginally higher than Tuesday’s low of $1,668.69.

Yesterday’s high saw ethereum climb to its strongest point since last August, breaking out of a ceiling at $1,750 in the process.

Since accomplishing this feat, ETH has since declined, following a collision with the 62.00 level on the RSI.

At the time of writing, the index is now tracking at 57.21, with ethereum bulls continuing to secure yesterday’s gains.

A floor at the 55.00 mark could be a possible target for sellers, should prices continue to decline in the coming days.

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