ETH: Breakout Targets $2300-2500 on 4H Bullish Setup
ETH at $1905.73 eyes $2300-2500 breakout. Bullish EMA50 support and MACD golden cross align on 4H chart.
SourceAnalysis
ETH stands ready for a breakout toward $2,300-2,500 according to Michaël van de Poppe.
Price holds $1905.73 inside the Bollinger band while EMA50 at $1885.41 and EMA200 at $1834.39 anchor the bullish structure that developed over the past year.
With price testing upper Bollinger resistance at $1925.75 while RSI sits neutral at 58.0 and MACD registers a 10.01 golden cross, the 4H chart shows momentum building for continuation once $1925 clears; any pullback should find immediate bids at the 50-EMA before the next leg higher. ETH price prediction models now factor this confluence into near-term targets.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast