Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the ETH 1-day update.
The price of Ethereum is fluctuating inside a large ascending channel. The higher boundary of the pattern paired with the resistance level of 2,750 has rejected the price to the downside.
The market has since fallen below the 2,400 level and is currently retesting it. If the price fails to climb higher again, the chances of a further decline towards the 200-day moving average located around the 2,000 level will be significant.
I have tried to bring the best possible results in this chart.
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