ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:-Ethereum (ETH) returned to the green in today’s session, following a spell of four consecutive days trading lower.
After hitting a one-week low of 1,608 on Thursday, ETH/USD rose to a peak of 1,649.13 earlier in the day.
This came as bulls opted to reenter the market following a breakout below a support point at the 1,620 level.
Earlier gains have somewhat faded, as ETH approached a ceiling near the 50.00 level on the RSI indicator.
Currently, price strength is tracking at 48.93, with ethereum trading at 1,634, and bulls maintaining a target of 1,700 in the short term.
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Cryopto
REP BTC Augur -- Potential 450% - 700% + Coming SoonREP BTC Augur -- Potential 450% - 700% + Coming Soon
REP (Augur) seems to have found a bottom now.
On the weekly:
The MACD looks ripe for a pump
The RSI is bullish coming up from oversold.
The 50 Moving Average is nearing the latest price candles.
Bullish volume candles are higher than the bearish for the last several weeks.
On the current weekly wicks down there seems to be a double bottom on this chart, and we are approaching a possible double bottom on the full candles also.
I think we will see REP climb up slowly to about .0008883 and then start seeing some faster movement out of it.
First Target 0.0008883
Second Target 0.0025
Third Target 0.00419
I am quite sure due to the bull market higher targets will follow soon after.