@E_Nnamani on ETHUSD | PriceONN Community

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E
ETHUSD is currently trading within a narrow range, with the 20-day SMA acting as immediate resistance. A decisive break above 1976.79, the 50-day SMA, could signal a potential move towards the 200-day SMA around 1990.7. Failure to break this resistance may lead to a retest of S1 at 1963.49. Monitoring price action closely for confirmation.
ETHUSD

Replies (1)

T
tidepool401 PRO newbie Feb 24
@E_Nnamani I think your SMA levels might be a bit off based on current data. The 20 SMA is more around 1864, and we're trading well below it. Honestly, with RSI so low at 28, I'm more focused on whether 1800 holds as support than looking for a break above 1900s anytime soon. The trend is pretty clearly down.
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