Hello, welcome to this ETH/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-This Wednesday, the bulls took control of the price action and pushed ETH above the key $1,260 resistance level. Since then, the price seemed unable to break above. Nevertheless, Ethereum still managed to register an increase of 3.8% over the past seven days.
The fact that over the past two days, the price has been timid about retracing from this most recent rally suggests that sellers are tired or lack interest at the moment. This can turn out to be an important opportunity for the Bulls.
Looking ahead, ETH is showing good signs that buyers are in control with higher lows and higher highs in price action. Should they sustain the momentum, the next important level to watch is $1,355.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-This Wednesday, the bulls took control of the price action and pushed ETH above the key $1,260 resistance level. Since then, the price seemed unable to break above. Nevertheless, Ethereum still managed to register an increase of 3.8% over the past seven days.
The fact that over the past two days, the price has been timid about retracing from this most recent rally suggests that sellers are tired or lack interest at the moment. This can turn out to be an important opportunity for the Bulls.
Looking ahead, ETH is showing good signs that buyers are in control with higher lows and higher highs in price action. Should they sustain the momentum, the next important level to watch is $1,355.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
