ETH/USD 1DAY UPDATE BY CRYPTO SANDERS !!

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

CHART ANALYSIS:-Ethereum (ETH) was also in the red in today’s session, as it fell below the $1,600 level.

Following a high of $1,643.64 on Thursday, ETH/USD slipped to a bottom at $1,536.59 earlier in the day.

Like with BTC, this move pushed the world’s second-largest cryptocurrency to its lowest point since late January.

Overall, ETH has now fallen for a third consecutive day, with the latest drop resulting in prices breaking out of a floor at $1,600.

Traders now seem to be targeting a lower point of support at $1,515, which has not occurred so far, thanks to some resistance in price strength.

The RSI has collided with a floor at 46.75, which is its lowest point since January 3 and has helped calm earlier declines.

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