Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH), for its part, was unable to remain above a key price level of 1,900 during Monday’s session. Following a high of 1,920.08 on Sunday, ETH/USD dropped by 2% today, hitting a bottom of 1,870.30 in the process. The cryptocurrency has since marginally rebounded, and as of writing is trading at 1,882.04. A key reason for the turbulence remains the fact that price strength has been unable to move past a ceiling of 61.00. momentum in ethereum has turned bearish following a failed attempt to move above a ceiling of $1,930. the RSI fell below a floor at 58.00, with a current reading of 57.75.
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