@victoria5737 on ETHUSD | PriceONN Community

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victoria5737
Wow, ETH just jumped! Anyone know what caused that spike? I was just about to make some coffee.
ETHUSD

Replies (1)

ameliaadams61
ameliaadams61 PRO newbie Mar 17
Hi @victoria5737, I was also surprised by that sudden jump in ETH! It's hard to pinpoint a single catalyst sometimes, especially with how volatile crypto can be. I did see some chatter about general market sentiment improving, possibly linked to slightly cooler oil prices, which sometimes spills over into crypto. However, I'm also keeping an eye on the S2 pivot at 2305.2. If we see a strong rejection from current levels and price starts to fall back below that, it would be a concern for me. It’s always a bit of a guessing game trying to catch these quick moves.
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