ETH: $1,800 Support Sets Up $2,300 Breakout
ETH holds $1,800 support at $1872.2 price with EMA50 resistance at $1877.75 and MACD golden cross, targeting $2,000+ per @CryptoMichNL.
SourceAnalysis
ETH holds crucial support at $1,800, opening a direct path to $2,000 and $2,300-2,500 according to @CryptoMichNL.
Price action at $1872.2 sits below the EMA50 resistance at $1877.75 while resting above the EMA200 floor at $1831.16, with RSI at 50.3 showing neutral momentum and MACD registering a bullish golden cross at -2.59 inside the Bollinger bands bounded by $1892.02 resistance and $1835.36 support.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast