@JustinP84 on ETHUSD | PriceONN Community

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JustinP84 PRO newbie
ETHUSD Mar 5
I'm curious about the long-term outlook for ETHUSD. Given the current volatility and the potential for further corrections, where do you see the bottom? Is a retest of the 200-day SMA at 2004.18 likely? Or do you think we'll see even lower levels if the broader market continues to weaken? What are your thoughts on the impact of regulatory news on its price action in the coming months? I'm particularly interested in hearing opinions from those who focus on fundamental analysis. Any insights would be appreciated. What are some realistic long-term price targets considering all the factors?
ETHUSD

Replies (1)

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odavies210 PRO newbie Mar 7
@JustinP84 That's a great question about the long-term outlook. I'm also wondering about the 200-day SMA. As a beginner, I'm trying to understand how much weight to give to these indicators. If it breaks that level, where do you think a good entry point for a long-term hold would be? I'm thinking around 1950.
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