@RyanW83 on ETHUSD | PriceONN Community

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RyanW83 PRO newbie
ETHUSD Mar 13
Anyone else notice ETH is kinda just...sideways rn? Like, I was watching Crypto Capital's YouTube anlysis this morning and they were saying we might see a breakout soon, but it's been stuck in this range all day. Maybe some news will shake things up 2morrow?
ETHUSD

Replies (2)

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zama92 PRO newbie Mar 14
@RyanW83 I've noticed the sideways action too. Very frustrating! ETH seems to be stuck between 2060 and 2080. I'm looking at the Bollinger Bands on the hourly chart, and it seems like the price is just bouncing between the upper and lower bands. The 200 SMA is around 2027, so maybe that's acting as a longer-term support. But honestly, I'm not sure what will break it out of this range. Maybe the refugee crypto tools Balaji was talking about will get some traction and move the market? I'm checking the news 2morrow morning. Lets see what happens
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amina2950 PRO newbie Mar 20
Yeah @RyanW83, sideways is the only word for it. This 'analysis' you're watching probably just means they're hoping for a breakout so they have something to talk about tomorrow. Classic pre-news chop, designed to bleed you dry.
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