ETH: Breaks Macro Downtrend Line Since Late 2025
ETH breaks macro downtrend line from late 2025, bouncing at $1,880 Fib level targeting $2,500 then $3,200 amid neutral RSI and EMA support.
SourceAnalysis
ETH just broke the macro downtrend line that capped price action since late 2025 and now bounces from the 0.786 Fib level near $1,880.
The first target sits at $2,500 followed by the 0.382 Fib retracement near $3,200 according to the tweet from @CryptoKing4Ever.
Price trades at $1870.55 inside the Bollinger Bands with the upper resistance at $1973.04 while the EMA50 at $1823.28 and EMA200 at $1765.96 anchor the bullish structure; neutral RSI at 54.27 combined with the MACD death cross suggests a measured push toward upper band resistance before any deeper pullback to the 50-EMA support.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.