ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Hello, welcome to this ETHEREUM /USD update by CRYPTO SANDERS.

CHART ANALYSIS:-Ethereum (ETH) also raced higher on hump-day, as prices once again moved above $1,650.

ETH/USD raced to a high of $1,658.69 earlier today, less than 24 hours after nearly falling below $1,600.

As a result of this surge, the world’s second-largest cryptocurrency climbed to its strongest point since last Thursday.

Additionally, price strength has also risen past a ceiling at the 53.00 mark, with the index tracking at 54.68 as of writing.

Despite this, the 10-day (red) moving average still seems set to crossover its 25-day (blue) counterpart, which could prompt an upcoming sell-off.

Should this cross occur, there is a possibility that ETH could fall toward a floor at the $1,550 mark.

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