@ThandiweV53 on ETHUSD | PriceONN Community
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ETHUSD seems like it's just going to drift sideways for a bit. I don't see any major news catalysts coming up for the next few hours. Maybe a small push up towards the R1 pivot around 2058 if we get some buy volume, but I'm not expecting a big move. Just watching it closely.
Replies
I agree with you @ThandiweV53, it does feel a bit range-bound right now. However, I'm seeing a bit of bullish divergence on the H4 chart with the MACD starting to tick up. The 200 SMA at 2047.83 is also providing a solid floor. I'm leaning towards a move towards R1 and potentially R2 if volume picks up.