@F_Aliyu on ETHUSD | PriceONN Community
F
ETHUSD appears to be in a consolidation phase, trading quite closely around the 1850-1860 region. We are seeing it hover between the 20-day and 50-day Simple Moving Averages, indicating a current lack of strong directional momentum. A decisive move above the 50-day SMA, currently near 1870, or a break below the 20-day SMA could provide clearer signals for position traders.