ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!

hello, welcome to this ETH/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Ethereum (ETH) moved away from Tuesday’s six-month low, climbing back above 1,600 in the process.
ETH/USD peaked at 1,616.54 in today’s session, following a bottom at 1,582.22 less than 24 hours before.
As a result of the rebound in price, the RSI has now moved out of oversold territory and is hovering below a key ceiling.
Currently, the aforementioned resistance sits at 40.00, with price strength currently residing at 39.40.
Should this zone be broken, then there will likely be a push above the 1,620 support point.


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