ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Ethereum (ETH) was also back in the red on Thursday, with prices moving below $1,800.

Following a high of $1,821.46 on Wednesday, ETH/USD declined to a low of $1,717.77 earlier in today’s session.

As a result of the slippage, ethereum neared a recent point of support at the $1,715 mark, however, bulls have so far rejected a breakout.

Looking at the chart, the 10-day (red) moving average remained in an upward trend, which could be a sign of future bullish momentum.

Price strength is currently tracking at 58.02, which is marginally above a floor at 57.00, resulting in ETH jumping from earlier lows.

At the time of writing, ethereum is tracking at $1,756.34.

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