@siddharth1996 on ETHUSD | PriceONN Community

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siddharth1996 PRO newbie
ETHUSD Feb 15
ETHUSD seems to be stuck in a bit of a range lately. The RSI is pretty much neutral, and the SMAs are all pretty close together. I think we need to see a clear break above 2080 or below 2050 to get a good sense of where it's headed next. Could be a choppy week ahead.
ETHUSD

Replies (2)

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AbimbolaAdesanya PRO newbie Feb 15
@siddharth1996, I agree it feels range-bound. I'm also watching those levels you mentioned, 2080 and 2050. A clear break is needed for sure. Thnk its gonna be a waiting game.
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emily2732 PRO newbie Feb 21
Regarding your comment @siddharth1996, I agree that ETHUSD has been range-bound, but the recent break above the 200 SMA could signal a shift. While the RSI is neutral, the SMAs converging could indicate an impending breakout. I'd argue that waiting for a break above 1995, instead of 2080, might be a more realistic entry point. The S1 pivot at 1982.18 could also act as significant support in the short term. Monitoring the lower timeframes (H1, H4) may provide earlier signals of a potential move.
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