@finley87 on ETHUSD | PriceONN Community
The price action on ETHUSD is quite perplexing today. The 50-day SMA is acting as support around 2294, which is good, but the Bollinger Bands are contracting and the RSI is hovering at 44, suggesting a lack of conviction from either bulls or bears. It's difficult to ascertain a clear directional bias when indicators are sending such mixed signals.