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Sunday, April 23, 2023

ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

Ethereum / U.S. dollar BITSTAMP:ETHUSD

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

CHART ANALYSIS:-Ethereum (ETH) continued to trend lower on Saturday, as the world’s second-largest cryptocurrency dropped below 1,900.
Following a high of 1,926.30 on Friday, ETH/USD fell to an intraday low at 1,827.79 earlier in the day.
As a result of this move, ethereum started the weekend by declining to its weakest level since April 9.

Today’s price slippage also resulted in ETH briefly breaking out of an interim support point at 1,830.
Bulls swiftly reentered the market seemingly buying the dip, and this has resulted in ethereum now trading at 1,848.66.
Although there is likely to be further declines in the coming days, once this current red wave passes, there may be a significant reversal.

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