@EricAllen22 on ETHUSD | PriceONN Community

Looking at the daily chart, ETHUSD is currently trading below the 50-day SMA, which is generally bearish. The RSI is hovering around 43, indicating neutral momentum, but it's trending downwards. I'm also observing that the price is testing the lower Bollinger Band at 2049.22. A decisive break below this level could signal a continuation of the downtrend. Furthermore, the volume has been relatively low during this Asian session, suggesting a lack of strong conviction in either direction. I'll be monitoring the price action closely during the upcoming London session for confirmation. If it can't reclaim the 50 SMA, I think we'll see lower prices.