@oliviajones88 on ETHUSD | PriceONN Community

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oliviajones88
oliviajones88 PRO newbie
ETHUSD Mar 16
Looking at the volume on ETHUSD right now, it's definitely confirming this bullish momentum. We're seeing significant spikes in trading volume accompanying these upward price movements, especially with both London and New York sessions active. There's no clear divergence from the RSI being overbought, which is a bit concerning, but the volume itself is supportive of the current rally. It suggests genuine interest and capital flowing in, not just a shallow pump.
ETHUSD

Replies (1)

A
aryan_v56 PRO newbie Mar 19
Hey @oliviajones88, I see what you're saying about the volume, but honestly, I'm not seeing a lot of conviction behind these moves. The RSI is looking pretty oversold down here, and with the price action just below the 20-period SMA, I'm a bit skeptical about this 'bullish momentum.' Feels more like a temporary relief rally before another leg down, especially with all the global uncertainty.
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