CryptoSanders9563

ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS

COINBASE:ETHUSD   Ethereum
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#ETH/USDT UPDATE:-Ethereum (ETH) also returned to the red in today’s session, falling below $1,300.

Today’s sell-off saw ETH/USD drop to a bottom of $1,260.61, falling below a key price floor in the process.

The support above the level in this instance was the point of $1,270, which was last broken on October 13.

At that time, prices of the world’s second-largest cryptocurrency dropped below $1,200, and it appears that bears could once again be targeting a similar drop.

The next visible floor seems to be the $1,220 price floor, which could be reached if the RSI hits its own bottom of 36.70.

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