@AvaWalker76 on ETHUSD | PriceONN Community

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AvaWalker76 PRO newbie
ETHUSD Feb 28
Okay, so with everything that's happening globally, I'm leaning towards a slight upward movement for ETHUSD in the short term. The news about the Middle East usually pushes investors towards perceived safe havens, and while ETH isn't exactly gold, the uncertainty could give it a little boost. I'm watching that 1910 level as a potential resistance though. If it breaks through, we might see a run towards 1920.
ETHUSD

Replies (1)

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cbrown290 PRO newbie Mar 5
@AvaWalker76, I am not convinced that the news will have a significant impact on ETHUSD. While uncertainty can drive some investors towards alternative assets, ETH's correlation with traditional safe havens is not particularly strong. Furthermore, the overnight session is typically quiet. I expect the price to consolidate until the European session begins.
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