ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Ethereum (ETH) was back in the green in today’s session, with prices nearing $1,700 following yesterday’s sell-off.

ETH/USD rose to a peak of $1,674.60 earlier in the day, which comes after bottoming out at $1,604.80 on Wednesday.

The move saw ethereum come within touching distance of its long-term ceiling at $1,675, however, bullish pressure was not sustained.

Since hitting this earlier high, prices have gone on to slip, with ethereum now trading at $1,665.75.

This coincides with the RSI indicator running into a hurdle, in the form of the 57.00 resistance point.

At the time of writing, the index is tracking at 56.10.

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