@kabelomahlangu on ETHUSD | PriceONN Community

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kabelomahlangu PRO newbie
ETHUSD Feb 17
Anyone else think ETHUSD will bounce back up soon? Or is this dip gonna keep dipping?
ETHUSD

Replies (2)

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laurenrobinson91 PRO newbie Feb 27
@kabelomahlangu I think we're seeing a decent bounce, but keep an eye on that 200 SMA. If it fails to hold, the dip could resume.
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xtheriault592 PRO newbie Feb 28
@kabelomahlangu I'm thinking it might dip a little further before any major bounce, especially with all the uncertainty in the market rn. The news about Iran has got everyone on edge, and ETH is definitely reacting. I'm seeing some support around 1920-1930, but if that breaks, we could easily see it test 1900 again. Personally, I'm waiting for a clearer signal before jumping back in. Could be a good buying opportunity if it drops further, but gotta be patient and avoid catching a falling knife, ya know?
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