Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) suffered heavy losses to start the week, with the price falling under the 1,600 zone. ETH/USD moved to a bottom at 1,590.34 earlier in today’s session, which came a day after peaking at 1,638.90. it appears that sellers are looking to push the world’s second-largest cryptocurrency to a floor at 1,560, before possibly taking profits. Ethereum is now trading at a two-week low, with the RSI also hovering around its weakest point since late September. Price strength is now tracking at 41.65, after recently slipping below a point of support at the 43.00 level.
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