Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was marginally in the green in today’s session, with price hovering close to a recent support point. ETH/USD hit an intraday peak of 1,748.64 earlier in the day, before retreating to a low less than 24 hours after climbing from a floor at 1,705.81. ethereum has slipped back to a support point at 1,725, a point where it has consolidated for the past four days. this retreat occurred as the RSI ran into a ceiling of its own at the 44.00 mark. the index now sits at the 42.21 mark, and appears to be heading to a lower floor at 40.00. Should strength fall below that mark, there is a good chance that ETH will drop below 1,700 in the coming days.
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