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Ethdominance

ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was marginally higher at the end of the week, as prices moved closer to a key resistance level earlier today. ETH/USD raced to an intraday peak of $1,224.21 in Friday’s session, less than 24 hours after hovering at $1,187.13. Today’s move sees ETH bulls once again try to break out of the long-term resistance level of $1,230. Looking at the chart, the 14-day RSI is now rallying above a resistance point at 47.00, and tracking at 47.92, with the next visible ceiling at 52.00 In order for bulls to continue to push ethereum higher, price strength will likely need to surge toward this upcoming resistance of 52.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH)also consolidated in today’s session, with bulls managing to keep prices above the $1,200 level. Following a low of $1,208.03 in Tuesday’s session, ETH/USD was marginally higher on Thursday, as it rose to a peak of $1,219.61. The move sees the world’s second-largest cryptocurrency continue to be a stone’s throw away from a ceiling at $1,230. Despite the prospect of higher highs, overall momentum seems relatively bearish, with the 10-day (red) moving average extending a crossover with its 25-day (blue) counterpart. As can be deduced from the chart, the RSI also looks set for a downtrend, as it failed to break out of its current ceiling at 47.00 In order for bullish sentiment to return, it is likely that a move beyond this resistance will need to take place. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
2
ETH/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) continued to trade above $1,200 on Wednesday, with bulls pushing prices closer to a key resistance level. ETH/USD hit a peak of $1,224.09 earlier in today’s session, which comes less than 24 hours after hitting a bottom of $1,206.44. Despite prices nearing a ceiling at the $1,230 mark earlier in the day, bearish sentiment has increased at this level, leading to previous bulls retreating. As of writing, the world’s second-largest cryptocurrency is trading at $1,214.44, which comes following a recent crossover of moving averages. Looking at the chart, a downward cross between the 10-day (red) and 25-day (blue) moving averages has occurred, which typically is a sign of pending declines. Should this momentum intensify in the coming days, ETH could likely move back toward a floor of $1,160. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-ethereum (ETH) also trended higher on Tuesday, as it once again rose into the $1,200 region. Following a low of $1,160.38 to start the week, ETH/USD raced to a peak of $1,214.73 earlier in the day. This comes despite the fact that there has been a recent downward crossover between the 10-day (red) and 25-day (blue) moving averages. As of writing, the world’s second largest cryptocurrency seems set to collide with a higher resistance at the $1,230 level. This could prove to be challenging however, with the 14-day RSI now hovering directly below a ceiling at 47.00. Should there be a break of this key threshold, we will likely see more ETH bulls reenter the market. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
10 TradingView Crypto Indices You Should Know!📉📌 10 @TradingView Crypto Indices You Should Know! Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. And I want to start by thanking @TradingView for putting these indices together - making our life easier. A couple of days ago, TradingView posted a tweet (attached on the chart) highlighting these 10 Crypto Indices. So I thought it would be a good idea to go over it and post its analysis as per my trading style. So grab a cup of coffee or tea, and let's enjoy it together 😁 📌 BTC.D - Market Cap BTC Dominance 🗒 BTC.D is rejecting a strong support zone in green. For the bulls to take over short-term, we need a break above the last minor high in orange. And for the bulls to remain in control from a medium-term perspective, we need a break above the main high in gray. If we break below 40% level, then we will be expecting BTC.D to dive inside the green zone. 📌 ETH.D - Market Cap ETH Dominance 🗒 ETH.D has been stuck inside a range. For the bears to take over, we need a break below the orange zone and lower red trendline. In this case, a movement till the 13% green zone would be expected. In parallel, for the bulls to take over, we need a break above the upper gray high. In this case, further bullish movement till around the upper red trendline would be expected. 📌 USDT.D - Market Cap USDT Dominance 🗒 USDT.D rejected our blue support zone last week and traded higher. We are currently sitting around a supply zone. If we trade higher, then we will be approaching a strong resistance zone in green. For the bears to take over, thus for the bull run to start for Crypto, we need a break below the blue support AND lower blue trendline. 📌 USDC.D - Market Cap USDC Dominance 🗒 USDC.D is overall bullish trading inside our two red trendlines. For the bulls to remain in control, we need a break above the last major high in green. Meanwhile, USDC.D is sitting around the upper red trendline acting as a non-horizontal resistance that might push price lower inside the range again. For the bears to take over from a medium-term perspective, which would be healthy for the crypto market, we need a break below the lower red trendline. In this case, a movement till the 4% support zone would be expected. 📌 TOTAL - Total Crypto Market Capitalization 🗒 TOTAL has been overall bearish for a while, and lately we have been trading inside the red channel. The next support that might hold TOTAL up is the 500B - 600B demand zone. For the bulls to take over from a long-term perspective, we need a break above the 1 Trillion round number in blue. Meanwhile, every bullish movement would be a short-term correction. 🗒 TOTAL2, TOTAL3, OTHERS and TOTALDEFI charts are very similar to TOTAL 📌 TOTAL2 - Total Market Capitalization (Excluding BTC) 📌 TOTAL3 - Crypto Total Market Cap (Excluding BTC and ETH) 📌 OTHERS - Crypto Total Market Cap Others 📌 TOTALDEFI - Total DeFi Market Capitalization 📌 DEFIETH - DeFi/Ethereum ratio 🗒 DEFIETH is stuck inside a range. For the bulls to take over, we need a break above the upper gray zone AND upper red trendline. For the bears to take over, we need a break below the lower gray zone. In this case a movement till around the 15% demand zone would be expected. Hope you find this article useful. Feel free to share your thoughts or request any chart analysis. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
23
Unique Update Of EthereumHello, welcome to this ETH /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was also lower on Friday, as the world’s second-largest cryptocurrency fell closer to the $1,200 mark. ETH/USD hit a bottom of $1,210.35 earlier in the day, which comes after trading at a high of $1,291.32 on Thursday. Today’s drop sees ethereum move lower for a third consecutive session, breaking out of a key resistance level of $1,230 in the process. As of writing, ETH is nearly 5% lower than yesterday’s peak, with the RSI tracking at 43.50, which is near a key floor. This point of support is at the 42.00 mark and hasn’t been reached since November 28, when ETH was below $1,200. Should price strength continue to head toward this bottom, there is a strong possibility that ethereum will be trading under $1,200. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
Unique Update Of Ethereum Hello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum(ETH) also rose in today’s session, as bulls reentered the market, taking prices close to the $1,300 level. ETH/USD raced to a high of $1,294.10 in today’s session, which comes less than a day after hovering at a low of $1,248.36. As a result of today’s move, ETH/USD moved closer to a recent resistance level of $1,300, as prices were almost 4% higher than Monday’s peak. Like with bitcoin, bullish sentiment in ethereum returned following a breakout of a resistance level at the 53.00 mark. As of writing, the index is tracking at 53.75 and now seems to be moving toward a ceiling of 55.00. ETH will likely recapture the $1,300 level, however, what happens at that level is the key question for traders. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum(ETH) also trended downwards on Monday, with prices falling for a second consecutive session. Following a high of $1,281.78 on Sunday, ETH/USD moved to a bottom of $1,243.48 earlier in the day. The move saw ethereum fall to its lowest point since November 8, and it is now nearing a floor of $1,230. Looking at the chart, recent bearish sentiment in ETH returned once the RSI failed to break out of a ceiling of 52.00. As of writing, the index is tracking at 48.60 and now seems to be moving towards a floor of 45.30. Despite this downtrend, the 10-day (red) moving average still remains above its 25-day (blue) counterpart. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) was also in the red during Tuesday’s session, as a result of a failed breakout to start the week. ETH/USD fell to a bottom of $1,252.47 earlier in the day, which comes as bulls were unable to sustain a surge above the $1,300 mark. As of writing, ETH is currently trading at $1,264.00, which is nearly 3% lower than Monday’s peak of $1,302.24. Like with bitcoin, today’s decline in ethereum comes as the RSI moved below its ceiling at the 52.00 level. Currently, the index is at a reading of 50.18, with the world’s second-largest cryptocurrency trading at $1,263.60. The 10-day (red) moving average continues to hover above its 25-day (blue) counterpart, which typically is a sign of pending bullish sentiment. CHART ANALYSIS:-Ethereum In addition to bitcoin , ethereum (ETH) was also in the green to start the week, as prices edged closer to $1,300. ETH/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16. As a result of this, the world’s second-largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300. Similar to the trend on bitcoin’s chart, Ethereum's moving average (MA) of 10 days (red) continues its upwards ascent versus the 25-day MA. The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00. Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point. CHART ANALYSIS:-Ethereum (ETH) was also in the red on Saturday, as the price of the world’s second-largest cryptocurrency fell below a key resistance point. Following a high of $1,299.84 on Friday, ETH/USD fell to a low of $1,275.09 earlier in today’s session. This drop sees ethereum move below its recent ceiling at the $1,285 level, despite a recent upwards crossover of the 10-day (red) and 25-day (blue) moving averages. Looking at the chart, today’s drop came as the RSI fell below its long-term support point at 51.70. It is now tracking at 51.42, as of writing. Traders still seem to be optimistic about a potential move above $1,300, however, the RSI will likely need to surge beyond the 52.00 mark. Should this happen, and the momentum of the moving average climb higher, then we could see ETH move towards a ceiling of $1,370. CHART ANALYSIS:- Ethereum (ETH) also moved higher on Tuesday, ahead of the U.S consumer confidence report. The Conference Board consumer confidence survey is expected to come in at a reading of 100, which is marginally below October’s reading of 102.5. ETH/USD was back above $1,200 on Tuesday, hitting a high of $1,216.52 earlier in today’s session. As can be seen from the chart, the move, which ended two straight days of losses, pushed ethereum to its highest point since Saturday. Overall, this move comes as the RSI raced above its point of resistance at 43.70, and it is currently tracking at 46.10 as of writing. A ceiling of $1,230 now awaits ethereum bulls, and should they overcome this hurdle, a move toward $1,300 will be on the cards. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
4
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum In addition to bitcoin, ethereum (ETH) was also in the green to start the week, as prices edged closer to $1,300. ETH/USD rose to a high of $1,302.24 earlier in today’s session, less than 24 hours after falling to a low of $1,253.16. As a result of this, the world’s second-largest cryptocurrency has now marginally broken out of a long-term resistance point of $1,300. Similar to the trend on bitcoin’s chart, Ethereum's moving average (MA) of 10 days (red) continues its upwards ascent versus the 25-day MA. The 14-day RSI has also climbed, with the index tracking at 52.87, which is above a ceiling of 52.00. Once bulls are finally able to break this current wall, the next target for traders will likely be the $1,350 point. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
#ETH/USDT 1DAY UPDATE BY CRYPTO SANDER6Hello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Ethereum (ETH) Ethereum had a good week, with the price managing to break above the $1,220 resistance level and booking a 6.5% increase in the process. This bullish momentum is expected to continue if buyers can manage to turn the previous resistance into support. The buying volume was good during the breakout, but a retest of $1,220 now seems likely. Should bulls be successful in defending it, Ethereum’s next target is found at $1,365. While the momentum favors buyers at this time, they will face stiff resistance from sellers considering that the market is still overall bearish. Looking ahead, the best thing that can happen to Ethereum is to reclaim its price level from early November when it was trading around $1,600 (just before the FTX collapse). That would bring back confidence in the market, and bulls may choose to even challenge the $1,725 resistance level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
Unique Update Of EthereumHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Ethereum (ETH) also moved higher on Tuesday, ahead of the U.S consumer confidence report. The Conference Board consumer confidence survey is expected to come in at a reading of 100, which is marginally below October’s reading of 102.5. ETH/USD was back above $1,200 on Tuesday, hitting a high of $1,216.52 earlier in today’s session. As can be seen from the chart, the move, which ended two straight days of losses, pushed ethereum to its highest point since Saturday. Overall, this move comes as the RSI raced above its point of resistance at 43.70, and it is currently tracking at 46.10 as of writing. A ceiling of $1,230 now awaits ethereum bulls, and should they overcome this hurdle, a move toward $1,300 will be on the cards. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Ethereum (ETH) was once again below $1,200, as the world’s second-largest cryptocurrency also consolidated in today’s session. ETH/USD fell to a bottom of $1,174.82 earlier in the day, which comes less than 24 hours after hitting a high of $1,203.98. As a result of this drop, ETH/USD slipped below support at $1,180. However, as the day progressed, the price rebounded. Currently, ethereum is trading at $1,220.60, with the RSI tracking at a level of 42.75, which is below a ceiling of 43.00. In addition to this, the 10-day (red) moving average is currently trending sideways, which seems to be a positive signal that recent downward pressure has eased, for now. Should this trend line begin to shift, we could see more ETH bulls return to the market, in anticipation of an uptrend. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
2
#ETH/USDT 1HR UPDATE !!Hello everyone welcome to this quick update on ETH. Earlier ETH broke above the cup and handle pattern and moved upside by 4% and got reversed from the $1220 price level. In the current scenario, ETH again trading on a support zone level of $1170 which looks like a strong support zone at this time frame, here we can buy some at the current price level and add more if it drops downside. MACD also printed a bullish signal with a bullish crossover between the bands. As we all know current market is way uncertain so if you are getting in the long with low capital and always buy partially for being on the safer side always. If Candle close below the lower support zone then it will be the invalidation and ETH’s entry at bearish mode. If you like my ideas then do support them with like and follow. Also, share your views in the comment section. Thank You!
by Domino_Crypto
4
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-ethereum (ETH) moved higher in today’s session, with the token climbing above the $1,200 level. ETH/USD rose to a high of $1,211.63 earlier in the day, less than 24 hours after trading at a low of $1,153.53. The move saw ethereum race above a recent resistance level of $1,180, hitting a five-day high in the process. As can be seen from the chart, the rise in price comes as the RSI climbs above a ceiling at 42.00, and is currently tracking at 42.50. Despite this, there is a higher point of resistance at 43.00, which triggered some earlier bulls to liquidate their positions. In order to reach $1,250, which appears to be the target for remaining bulls, the RSI will first need to move beyond 43.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
ETH/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:- (ETH) was also back in the green in today’s session, as the token moved closer to the $1,200 mark. ETH/USD raced to a peak of $1,175.13 on Wednesday, which comes less than 24 hours after hitting a low of $1,096.66. Today’s rally led to ethereum moving past a key resistance level of $1,170, hitting its highest point since Sunday in the process. Since this collision, market uncertainty has increased, with the world’s second-largest token now trading below earlier highs. This comes as the RSI also hit a wall, with the index currently tracking at 40.26, which is marginally below a ceiling of 40.30. Bulls are likely targeting a reentry on the $1,200 zone, however price strength will first need to overcome this current obstacle. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
2
#ETH QUICK UPDATEHello everyone welcome you all to this quick ETH update. As after the fall from the upper trend line resistance at the $1220 price level, it melts down by 11%. In the current scenario, ETH again got a rejection from the upper resistance level and also printed a bearish divergence which is a clear signal of an upcoming fall down. According to the previous PA, it may move down again by 8%. Let's see how bulls and bears both react at the current price stage. ETH can move down to the lower support zone. If you like my ideas then do support them with like and follow. Also, share your views in the comment section. Thank You!
Short
by Domino_Crypto
2
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Ethereum (ETH) fell for a third consecutive session on Tuesday, with the token moving below $1,100 in the process. Following a high of $1,140.70, ETH/USD declined earlier today, moving to an intraday low of $1,081.14. As a result of today’s drop in price, ETH sank toward a floor of $1,080, hitting its lowest point since November 4 Since hitting this point of support prices have somewhat rebounded, and as of writing the token is trading at $1,095.29. Unlike BTC, it appears as ETH has found a floor on the RSI indicator, with the index hovering close to support at 33.00. Should this floor hold firm, bulls will likely prepare to return to the market, leading to a shift in current sentiment. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:ETHUSD
by CryptoSanders9563
1
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-ethereum (ETH) extended recent declines, stumbling lower for a second straight session on Monday. ETH/USD fell to a low of $1,110.57 to start the week, which comes less than 24 hours after hitting a high of $1,183.43. Today’s drop, which saw the token fall by as much as 4%, took ETH to its lowest point since November 10. Bears seem to be targeting a floor of $1,100, however, traders have so far rejected this proposition, with the token bouncing, and it is now trading at $1,120.26. As can be seen on the chart, Monday’s drop in price coincided with the RSI breaking out of its own floor at 37.75, and it is now at 34.61. with the trendline suggesting that further declines could be on the way. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-ethereum (ETH) also stumbled lower on Saturday, with prices nearing a breakout of the $1,200 level. Following a high of $1,222.20 on Friday, the world’s second-largest cryptocurrency dropped to a low of $1,200.48 earlier today. The move came as ETH/USD fell below a recent ceiling of resistance at $1,220, with bulls now fighting to reject any further declines. As of writing, ETH is trading at $1,209.44, as traders have so far rejected a drop below $1,200. This is due to two things, first the 10-day (red) moving average has begun to trend upwards, which has brought back a level of bullish sentiment to the token. In addition to this, the 14-day relative strength index (RSI) continues to track above a key floor of 37.75, which appears to be a major reason why we haven’t seen any further significant sell-offs. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Ethereum (ETH) was also back in the green in today’s session, as the token was once again trading above $1,200. ETH/USD, which slipped below this level on Thursday following a strengthening USD, rose to a high of $1,224.97 earlier today. As a result of this move, the world’s second-largest cryptocurrency moved back above a recent support point of $1,220. This comes as the 14-day RSI bounced from a key floor of its own at 38.00, and as of writing, the metric is tracking at 40.46. The 10-day (red) moving average also seems to have started to trend sideways, which signals the current price consolidation in the market. ETH bulls will likely continue to target a rally above $1,300 should this flooring hold during the weekend. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
#ETH/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this ETH/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Ethereum (ETH) also plunged in today’s session, with prices falling below $1,200. The world’s second-largest cryptocurrency has been down by roughly 2% on Thursday, falling to a low of $1,189.21 in the process. This decline saw ETH/USD break out of its recent floor, with the next visible point of support at the $1,105 mark. Unlike BTC, it seems as though the moving averages on ETH could still be heading lower, which could prevent many bears from entering at this moment. Currently, the RSI here is hovering near a floor of 38.00, and should this hold, we could see prices begin to rebound. However, if a breakout does take place, it is likely we could see ethereum head below $1,100. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
#ETH/USDT 1HOUR UPDATE !!Hello, welcome to this ETHUSDT 1Hr chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-ETH/USDT bounced from the hourly support. ETH needs to break the $1352-$1520 area to get some momentum. We may see some sideways move from $1500-$1600 for the next few days. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563