ETHEREUM UPDATE !!Hello friends, welcome to this Ethereum update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) continued to trend higher on Friday, breaking out of a key resistance level in the process.
ETH/USD peaked at 1,687.28 earlier in today’s session, which comes a day after trading at a low of 1,620.68.
This surge has resulted in ethereum climbing over a long-held ceiling at $1,670, hitting a one-month high in the process.
The latest uptrend coincided with the relative strength index moving beyond a ceiling of its own at 57.00. It is now tracking at 58.61.
Bulls will likely remain unsatisfied until they take ethereum back above 1,700, which hasn’t happened since the end of August.
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Analiysis
XRP/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XRP/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XRP was back in the green on Friday after the Bulls abruptly ended a three-day win streak during yesterday’s session.
Following a low at 0.5025 on Thursday, XRP/USD moved to a peak at 0.5134 earlier in the day.
The surge saw XRP, formerly Ripple, once again make strides towards a key resistance level at 0.5450.
it appears that the rebound came as the relative strength index (RSI) climbed back above a ceiling of 47.00.
price strength is now sitting at 48.72, with the next visible ceiling near the 54.00 region.
In the event this target is hit, there is a strong likelihood that XRP will move above 0.5400.
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TON/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this TON/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) fell by as much as 7% on Thursday, after recently climbing to its highest point in nine months.
TON/USD dropped to a low of 2.31 earlier in the day, after peaking at 2.49 less than 24 hours ago.
The drop came as toncoin bulls seemingly opted to secure gains, following a recent surge to its strongest point since late January.
After tracking deep in the overbought region in the past few days, toncoin’s RSI is now sitting at 65.19.
It appears that the next support point for price strength could be at 56.00, which may mean more profit-taking could be on the cards.
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SHIB/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this SHIB/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Shiba Inu (SHIB) moved lower during today’s session, as the Bears ended a three-day winning streak.
After peaking at 0.000007527 on Wednesday, SHIB/USD slipped to a bottom of 0.00000725 earlier in the day.
The decline came as bulls were unable to move beyond a ceiling at 0.00000755, giving way to downward pressure in the process.
it appears that the shift in momentum came after the relative strength index (RSI) failed to break a key ceiling.
The index was unable to penetrate a resistance level of 43.00 and is now tracking at a reading of 40.09.
Should the price continue to fall in the coming days, the landing spot could likely be a point of support at 0.00000710.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) neared a drop below a key price level in today’s session, hitting a one-week low in the process.
ETH/USD slipped to an intraday low of 1,606.18 earlier in the day, following Wednesday’s peak at 1,639.35.
Thursday’s decline pushed ethereum to its weakest point since September 13, which was the last time price was below 1,600.
Since failing to break out of a ceiling at 49.00, the RSI has moved closer into oversold territory and now tracks at 41.52.
Bears seem to be looking to land at a point of support at 35.00, which could lead ETH to hit the 1,575 floor.
Bulls are possibly still waiting in the wings, as the 10-day (red) and 25-day (blue) moving averages have still not crossed.
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BTC/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated Federal Reserve interest rate decision.
BTC/USD dropped to an intraday low of 26,918.32 on Wednesday, following a peak at 27,488.76 the day prior.
the FOMC will give an economic forecast, which could provide some forward guidance on future policy decisions.
One of the catalysts for the drop in price was the relative strength index (RSI), which fell below a ceiling at the 60.00 mark.
The index is now tracking around the 57.08 level and is moving towards a support point at 55.00.
momentum remains largely bullish, with today’s decline largely due to profit-taking ahead of the Fed announcement.
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ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ETH/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) rose for the fourth consecutive session as the cryptocurrency remained above the 1,620 support level.
ETH/USD reached a peak of 1,640.52 on Friday, just 24 hours after the price hit a low of 1,618.73.
The above highs took the world's second-largest cryptocurrency to its strongest level in seven days.
Earlier gains have faded somewhat, as traders failed to break the key resistance level of 47.00 on the RSI indicator.
The index is now at a reading of 44.41, with a support point of 40.00 as a potential target.
Sentiment looks bullish, as the upside potential between the 10-day (red) moving average and its 25-day (blue) counterpart remains high.
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SOL/USDT 1DAY UPDATE !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) rose for a third consecutive day on Thursday, as the price moved closer to the coveted 20.00 mark.
SOL/USD surged by as much as 5% in today’s session, hitting an intraday peak of 19.27 in the process.
This move comes a day after the world’s ninth-largest cryptocurrency traded at a bottom of 17.96.
Earlier gains in price have started to ease in the last few hours after the RSI closed in on a ceiling of 43.00.
it is at a reading of 41.05, with the token marginally below today’s high, sitting at 18.84.
Although 20.00 is still clearly the short-term target, it will likely take a significant amount of bullish momentum to get there.
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SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) was also in the green during today’s session, as it rebounded from a recent multi-month low.
SOL/USD peaked at 18.66 on Tuesday, which comes a day after the token bottomed out at 17.46.
Monday’s low saw solana fall to its lowest point since June 30, when the price was at a low of 17.12.
Earlier gains have somewhat faded, however, as bulls were unable to penetrate the ceiling at the 19.00 mark.
This has led to traders opting to secure their profits, instead of keeping positions open at this point of uncertainty.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin fell to a three-month low towards the end of Monday’s session, as bears pushed the price below the 25,000 level.
BTC/USD plunged to a bottom at 24,930.30, to start the week, which was its lowest point since June 15.
The world’s largest cryptocurrency has since rebounded, with price peaking at 26,258.05 earlier in the day.
the decline came as the 14-day relative strength index (RSI) briefly moved below support at 35.00.
Bulls have since reentered the markets following the slippage, buying the dip, and pushing price strength to a current reading of 46.50.
The next visible point of resistance appears to be at the 52.00 mark, and should price strength reach this point, BTC will likely be above 26,500.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin started yet another week trading under the 26,000 level, as traders began to prepare for upcoming U.S. economic releases.
BTC/USD slipped to a low of 25,620.46 earlier in today’s session, after ending the weekend at a peak of 25,978.13.
Monday’s decline in price saw bitcoin continue to hover close to a key support point at the 25,600 region.
The slippage comes as the 14-day relative strength index (RSI) moved closer to a floor of its own at the 35.00 mark.
the index is tracking at a reading of 37.09, which comes after failing to break out of a ceiling of 45.00 last week.
Should bulls reject a drop below 35.00, there is a good chance that BTC reverses in the coming days.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin’s consolidation continued on Wednesday, as bulls remained on the sidelines, despite the prospect of a “death cross.”
The term refers to an entangling between moving averages, in this instance the 10-day (red) and 25-day (blue) trendlines.
Despite the potential for this to occur, BTC/USD bottomed out at 25,628.61, which is marginally lower than Tuesday’s high of 25,858.37.
price consolidation comes as the relative strength index (RSI), flatlines close to a support of its own at 35.00.
Bulls have so far rejected a move below this point, however, in the event that this occurs, BTC could fall below 25,000.
Longer-term Bitcoiners could be hoping for this, as a means of buying at an even lower rate.
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LINK/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this LINK/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Chainlink (LINK) was one of Tuesday’s biggest movers, as the price surged by as much as 4% during the session.
LINK/USD hit an intraday peak of 7.42 earlier in the day, following a low of 7.00 to start the week.
Yesterday’s bottom was also a long-term support point, with bulls choosing to reject a breakout on this occasion.
This comes as the 14-day relative strength index (RSI) continued to move away from a floor at the 48.00 mark.
price strength is tracking at 52.20, close to a resistance zone of 53.00.
In the event this level is breached, there is a strong possibility that LINK could move towards 7.50.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) sank to a multi-month low on Tuesday, as markets reacted to the news that Binance has been sued by the SEC.
BTC/USD dropped to a bottom at 25,445.17 earlier in today’s session, a day after trading at a high of 26,810.22.
This decline pushed Bitcoin to its weakest point since March 17, when it was at a low of 24,946.
the drop in price coincided with the 14-day relative strength index (RSI) falling below a floor of 38.00.
the index is tracking at 36.12, its weakest point since mid-March.
Despite a recent upwards crossover of moving averages (MA), the 10-day trendline has now firmly shifted direction.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) dropped below 1,900 in today’s session, as bulls retreated from a recent multi-week high.
ETH/USD sunk to a bottom at 1,860.37 earlier in today’s session, which comes after a peak of 1,914.85 the day prior.
the shift in momentum has led to ethereum moving away from a recent high of 1,928, which was the strongest point price had hit since May 8. Failure to move past a resistance level of 1,930 can be partially blamed for the change in direction.
bears now seem to be set on taking the price to a support point at 1,830, with the RSI hunting for a floor of its own.
The index is now tracking at 52.60, with the next visible floor potentially at 49.00.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also increased on Monday, climbing above the 1,900 level.
ETH/USD jumped to an intraday high of $1,926.42 earlier in the day, following a low of $1,839.13 the day prior.
This surge led to the world’s second-largest cryptocurrency hitting a three-week high.
today’s surge came as the 10-day (red) moving average crossed over its 25-day (blue) counterpart.
If this trend continues, there is a strong chance that ethereum could move closer to $2,000 in the upcoming week.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- ethereum (ETH) also moved higher on Saturday, remaining above the 1,800 level.
Following a low of 1,810.37 on Friday, ETH/USD managed to hit an intraday high of 1,837.87 earlier in the day.
This surge led to the world’s second-largest cryptocurrency breaking out of its recent ceiling of 1,830.
as the day has progressed, earlier gains have somewhat fallen, with ETH now trading at 1,828.18.
It appears that market uncertainty has also risen, as the RSI neared a ceiling of its own at the 49.00 mark.
Price strength is now tracking at 48.75, and should it break out of this point, then there could be further highs from ETH this weekend.
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ETHEREUM/USDT UPDATE !!Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Ethereum (ETH) was broadly stable on Tuesday, despite a brief breakout below the 1,800 level.
ETH/USD touched a high of 1,845.70 at the start of the day, leading from a low of 1,797.84 to start the week.
The world's second-largest cryptocurrency has since declined, trading at 1,820.12.
It is close to the lowest price of 1,820, maintained since last Wednesday when the price was on its fifth day of a six-day decline.
Firming up in prices has also contributed to the current volatility. The index is hovering below the critical resistance level.
Should it move beyond a reading of 45.00, there are good chances that ETH bulls will make another run toward the 1,900 level.
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BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin continued to consolidate on Wednesday as markets awaited the latest inflation report from the United States.
After hitting a high of 27,824.39 on Tuesday, BTC/USD fell to a low of 27,375.60 earlier in today's session.
Today's move pushed Bitcoin closer to the key 27,300 support point, although the price bounced back again.
Overall, it appears that the previous decline was followed by a breakout in the Relative Strength Index (RSI).
Price strength moved below a floor at 43.00 with the index tracking at 42.63 at
Bitcoin is now trading at $27,430.96.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) There was a move back above the 28000 level on Saturday as the market continued to react to the latest NFP report.
Payrolls came in at 236,000, marginally lower than the 240,000 many were expecting.
After trading at a low of 27814.00 BTC/USD rose to a high of 28159.86 in today's session.
An increase in price comes when the Relative Strength Index (RSI) bounces off its low at 58.00.
The index is tracking at 59.07, which has helped delay the inevitable downward cross with the 10-day (red) moving average and its 25-day (blue) counterpart.
BTC is trading at 28,059.28.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Bitcoin ( BTC ) plunged further into the red on Friday, as markets reacted to fallout surrounding Silvergate.
The crypto bank recently announced that it wouldn’t be able to file its annual report to the Security and Exchange committee, whilst hinting at its “ability to continue (operating).”
BTC/USD slipped to an intraday low of $22,241.78 earlier in the day, less than 24 hours after trading at a high of $23,540.16.
As a result of the move, bitcoin has now fallen to its weakest position since Valentines day, on February 14.
However, instead of a pool of roses, Friday’s red wave has washed through the markets, leading to a huge shift in price strength.
At the time of writing, the relative strength index (RSI) is tracking at 42.91, which is its lowest point since January 1.
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BTC/USDT 1HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
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Chart Analysis:- If BTC stays above $23800 then we can consider BTC Bullish If BTC falls below $23800 then we should consider BTC one more time. $23100 we can see btc what do you think please comment
This is not a piece of financial advice.
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ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Ethereum (ETH) also moved lower in today’s session, as bears pushed prices below the $1,700 level.
ETH/USD plunged to an intraday low of $1,671.98 on Tuesday, less than 24 hours after trading at a peak of $1,714.29.
Today’s drop sees ethereum move below its long-term support point at the $1,675 mark, which has been mainly stable for the past week.
the decline in prices comes as the 14-day RSI retreated from a recent ceiling at 61.00.
As of writing, the index is now tracking at a reading of 57.28 and appears to be rapidly nearing a floor of 57.00.
Should bears hit this bottom, ETH will likely be trading below $1,650.
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