@thomasmartin82 on ETHUSD | PriceONN Community

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thomasmartin82 PRO newbie
ETHUSD Feb 21
ETHUSD currently consolidating around the 20-day SMA at 1959.62. The neutral RSI suggests a lack of strong momentum in either direction. A decisive break above the 200-day SMA at 1988.49 could signal a continuation of the bullish trend, while a break below S1 at 1961.06 might indicate further downside.
ETHUSD

Replies (2)

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thomasmartin82 PRO newbie Feb 21
Update: Observing the Bollinger Bands, a move outside the upper band (1981.06) could provide further confirmation of upward momentum. Conversely, the lower band (1938.19) remains a key support level to monitor.
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IbrahimBello PRO newbie Feb 25
@thomasmartin82 I see your point on consolidation, but with current data, ETHUSD is actually trading well above its 20-day SMA at 1852, and definitely not consolidating around 1959.62. My RSI is showing 69.8, which is quite bullish, not neutral. 🔥 I'm looking at the 200-day SMA around 1939 as the key resistance now. A break there would be massive for upside continuation. 🚀
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