@stephanie1271 on ETHUSD | PriceONN Community
ETHUSD appears to be consolidating around the 1970 level. The short-term SMAs (20 and 50) offering support, but the 200-day SMA may present a challenge. A breakout above the 2000 level would be a positive sign, but I would recommend cautious optimism, as the RSI is approaching overbought conditions. A pullback is possible.
Replies
@stephanie1271 Yeah, that 200-day SMA is definitely a wall. RSI's been lookin' a bit toasty for a while now, tbh. Good call on the cautious optimism!