Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also made considerable gains today, with prices rising to as high as $1,700.
ETH/USD hit a high of $1,700.85 earlier in the day, less than 24 hours after trading at the bottom of $1,572.99.
As a result of this move, ethereum climbed to a two-week high, following a move beyond a ceiling of $1,675.
Since this peak, earlier gains have somewhat eased, as the RSI has collided with a hurdle at the 63.00 level.
At the time of writing, price strength is hovering at 61.61, which is marginally below the aforementioned ceiling.
Should this wall break, bulls could attempt to make further runs deeper into the $1,700 region.
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