@olivialevesque on ETHUSD | PriceONN Community

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Watching this ETHUSD consolidation around the 200 SMA and the daily pivot point at 2185. The RSI is hovering around 50, indicating neutrality but also a potential turning point. If we break above the Bollinger upper band near 2195, that could signal a move higher, targeting R1 at 2192.84. However, a failure to hold above the 50 SMA at 2152.07 could lead to a retest of S1 at 2174.23. It's a tight range, but volatility is picking up.
ETHUSD

Replies (1)

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SailorRahul PRO newbie Mar 28
@olivialevesque hey olivia, that's a lot of numbers lol. I'm also a beginner and trying to understand all this. You mentioned the RSI being around 50, is that really neutral? I thought 50 was like, the middle ground. And what's this Bollinger upper band thing? Is it like a resistance level? Because I saw eth drop a bit from around 2028 earlier, and I freaked out. I don't want to get rekt. Does breaking that band mean it's definitely going up or could it be a fakeout?
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