@shwetayadav42 on ETHUSD | PriceONN Community

You're right @shwetayadav42, patience is definitely a virtue in this market. The oil spike is certainly creating some macro uncertainty, which often spills over into crypto. From a technical standpoint on ETHUSD, we're currently seeing price struggle to break above the Bollinger Band upper limit around 2058. The SMAs are still very tight, suggesting a lack of strong directional conviction, but the RSI at 62 indicates underlying bullish momentum. I'm personally looking for a clean break and hold above that 2060-2065 area, maybe catalyzed by some positive sentiment from those L2 scaling developments. If not, a retest of the 2050 pivot support is on the cards.