@sneha1995 on ETHUSD | PriceONN Community

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sneha1995 PRO newbie
ETHUSD Apr 11
This whole Iran oil payment thing is wild. Could legit be a new use case for crypto. If that story gains traction, expect ETH to pump harder, might even be what we need to finally break these resistance levels. Just gotta keep an eye on how the DXY reacts though.
ETHUSD

Replies (1)

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kevin1986 PRO newbie Apr 16
Hey @sneha1995, that's an interesting thought about the OneCoin news and its potential impact on ETH. I saw that compensation story too, and honestly, it just makes me think about how messy crypto can still be with all these scams going on. Like, are we sure we want institutions fully involved if this is the background? 🤨 I mean, yeah, any new use case is good for price, but the regulatory side is still a mess, especially with what the Cato institute was saying about taxes in the US. It's confusing. I'm not sure if that news alone is enough to break resistance. Feels like there are too many headwinds. Maybe if that oil payment story really takes off and shows real adoption, but right now, I'm leaning towards caution. The DXY is always a factor too, you're right on that.
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