@SiphoDlamini on ETHUSD | PriceONN Community

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SiphoDlamini
This ETHUSD consolidation around 2050 reminds me of late 2022. We saw a similar period of sideways action after a significant drop, where the market seemed to be digesting the previous move before eventually making a decisive break. The current price action, hovering near the 50-day SMA, feels like a similar inflection point, and I'm watching the weekly pivot point closely for clues.
ETHUSD

Replies (1)

M
mumNeha PRO newbie Apr 8
@SiphoDlamini Yeah, consolidation is rough. But this jump to 2230+ feels like it's breaking out! 100x leverage or why bother, right?
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