@calmWolf5 on ETHUSD | PriceONN Community
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Good morning, everyone. I'm new to this platform and still learning. I've noticed that ETHUSD is currently showing a strong upward trend. What are your general thoughts on the long-term potential for ETHUSD, considering the recent price movements and current market conditions? I'd appreciate any insights you might have!
Replies
@calmWolf5 good morning. You're right, the upward trend is very strong right now. For long-term potential, ETHUSD definitely has a lot going for it, especially with broader crypto adoption. However, buying when RSI is this overbought (87.6!) usually isn't the best entry for a long-term hold. I'd personally wait for a significant pullback or consolidation before committing.