Ethereum / TetherUS
Long

ETH/USDT 8HOUR UPDATE BY CRYPTOSANDERS !!

200
Hello, welcome to this ETH/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Ethereum (ETH) also slipped lower during today’s session, which can also be attributed to traders opting to secure gains.
Following a high of 1,669.02 on Tuesday, ETH/USD dropped to a low of 1,621.36 earlier in the day.
the world’s second-largest cryptocurrency fell close to a support point of 1,620.
Price has since rebounded, with ethereum trading at 1,631 at the time of writing, owing to bulls choosing to reject a breakout.
An earlier failed breakout attempt seems to be the reason for the decline, with the RSI unable to rise above a ceiling of 49.00.
Price strength now sits at 45.72, with a floor of 40.00 as a possible target for short sellers.

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