Good evening, all. I am observing the current downturn in ETHUSD with some concern. Given the recent bearish trend and oversold RSI, is it possible we will see further declines before any stabilization? I am trying to understand the factors driving this volatility.
@SharpReef40, yeah, I'm also watching the ETHUSD drop. I'm new to this, but it seems like the RSI is pretty low. Does that mean it's likely to bounce back up eventually? Or could it just keep going down? Still trying to figure out these indicators tbh.
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leomurphy73PROnewbieMar 1
@SharpReef40 I feel you, the volatility is crazy rn. But with the US/Iran news, safe havens are looking good, ETH might get a boost from people pulling out of riskier assets. Just my 2 cents!
