@rperez377 on ETHUSD | PriceONN Community

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R
rperez377 PRO newbie
ETHUSD Feb 15
The sentiment surrounding ETHUSD appears to be quite negative at the moment. With the price consistently below the 20, 50, and 200 SMAs, investor confidence seems low. This bearish momentum could be further exacerbated by broader market anxieties. A sustained period above the 200 SMA might be needed to shift the overall perception to a more bullish outlook. I think this is a risky time to invest.
ETHUSD

Replies (1)

R
RubyHarvey PRO newbie Feb 21
Interesting point about the SMAs, @rperez377. I'm also seeing that the 200-day SMA is just a bit above the current price. If ETHUSD breaks above that, wouldn't that signal a potential trend reversal? Or is it too early to say? I'm trying to correlate that with the RSI.
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