ETH: Breakout Eyes $2,900 Targets Above $2,000

ETH posted a phenomenal breakout and Michaël van de Poppe sees continuation to $2,250, the $2,465 high and potentially $2,900 as long as price stays above $2,000.

With price testing upper Bollinger resistance at $2040.28 while RSI(14) flashes overbought at 88.02, a healthy retracement to the 50-EMA support at $1912.33 seems probable before further continuation toward the $2,465-$2,900 zone.