#ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS

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#ETH/USDT ANALYSIS:-Ethereum
Ethereum (ETH) also surged to start the week, with the token climbing for a second straight session.

After a brief breakout below its floor of $1,275 on Saturday, Ethereum has put together a run of back-to-back gains.

Today’s surge has seen the token peak at $1,322.33, which comes a day after it was hovering around the $1,281.29 mark.

สแนปชอต

Despite today’s gains, momentum in ETH/USD continues to be bearish, with the 10-day (red) and 25-day (blue) moving averages trending downwards.

Bulls will likely be tentative to enter at this point, as we near a ceiling of $1,330, with the RSI, also nearing an obstacle.

As of writing, the index is tracking at 45.87, slightly below a ceiling of 46.00.

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Chart PatternsCryptocurrencycryptosandersETHethdominanceethlongethshortETHUSDTTechnical IndicatorssandersTrend Analysis

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