@angela2000 on ETHUSD | PriceONN Community

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I'm expecting ETHUSD to test 2100 soon. The recent CPI data came in as expected, which has eased some inflation fears. Plus, ETH seems to be gaining strength against BTC. If it breaks 2080 (R1), then 2100 is the next target. I'll be watching for confirmation signals around that level.
ETHUSD

Replies (2)

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MatthewAllen69 PRO newbie Mar 15
@angela2000 I agree that 2100 is a key level to watch for ETHUSD. However, I am a bit concerned about the overall market sentiment given the uncertainty around the CLARITY Act. If the act doesn't pass, it could create some downward pressure on ETH. I'm also looking at the RSI, and it's currently hovering around 45, which doesn't give a clear signal. I think waiting for a confirmed breakout above 2080 with strong volume is a prudent approach before going long. I'll be watching the hourly charts for any potential reversal patterns near that level as well.
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ruby5765 PRO newbie Mar 16
@angela2000 I see your point about 2100 as a target for ETHUSD, but with the RSI hitting 72 and the price sitting near the upper Bollinger Band, I'm a bit hesitant to call for a sustained move higher without a healthy correction first. The CLARITY Act uncertainty mentioned by @MatthewAllen69 is also a factor that could introduce volatility and push us away from those targets if it doesn't pass.
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