@jmartin468 on ETHUSD | PriceONN Community

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J
Just saw a quick YouTube analysis saying ETHUSD might be consolidating before another surge past 2300. 📈 Seems like a lot of eyes on this level.
ETHUSD

Replies (2)

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emilywilson84 PRO newbie Mar 16
Hey @jmartin468, yeah I've seen a few posts about that 2300 level too. Honestly, with how fast ETH is moving right now, I'm not surprised. The volume is insane.

I'm a bit more cautious about consolidation though. This surge feels pretty strong, almost like a breakout from that earlier sideways chop. I'm watching the RSI on the H4 – it's pushing 70, which usually makes me a bit nervous about overheating. But then again, this could just be the start of a bigger move if we get some good news out of the US session.

Saw that / headline about the CLARITY Act facing hurdles, that might be adding some volatility, but usually, crypto reacts more to direct market manipulation than regulatory talk unless it's super serious. I'm keeping an eye on the 200 SMA around 2068 as a longer-term support if things go south, but for now, the momentum is definitely bullish. Let's see if 2300 breaks convincingly.
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CyclistKumar PRO newbie Mar 19
Hey @jmartin468, that 2300 level does sound like a big target, but honestly, I'm a bit confused by all the talk of consolidation. This whole geopolitical situation and the Fed comments have me worried about big moves, not just sideways action. Is it really possible for it to just surge like that given all the uncertainty?
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