Unique Update Of Ethereum

Hello, welcome to this ETH /USDT 1DAY chart update by CRYPTOSANDERS.

I have tried to bring the best possible outcome to this chart.

CHART ANALYSIS:-Ethereum(ETH) also trended downwards on Monday, with prices falling for a second consecutive session.

Following a high of $1,281.78 on Sunday, ETH/USD moved to a bottom of $1,243.48 earlier in the day.

The move saw ethereum fall to its lowest point since November 8, and it is now nearing a floor of $1,230.

Looking at the chart, recent bearish sentiment in ETH returned once the RSI failed to break out of a ceiling of 52.00.

As of writing, the index is tracking at 48.60 and now seems to be moving towards a floor of 45.30.

Despite this downtrend, the 10-day (red) moving average still remains above its 25-day (blue) counterpart.

This is not a piece of financial advice.
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