Hello friends, welcome to this eth/usdt update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) was also a victim of today’s profit-taking, with the price once again falling below the 1,700 mark.
ETH/USD sank to a bottom at 1,646.08 on Tuesday, less than 24 hours after peaking at a seven-week high of 1,733.51.
The decline appears to have come after ethereum bulls were unable to force a breakout above a ceiling of 1,730.
the sell-off engulfed gains from the past three days and came as the RSI fell below a floor of 60.00.
the world’s second-largest cryptocurrency is trading at 1,656.73 and appears to be heading for a floor of 1,620.
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