ETH: Bullish Chart Eyes 0.044 Breakout on Momentum
ETH holds 0.03 support with 0.044 target ahead of Clarity Act, backed by $2437.24 price and bullish 4h EMA structure.
SourceAnalysis
ETH chart structure remains bullish according to @CryptoMichNL, with price holding 0.03 support and a measured move toward 0.044 likely once momentum accelerates into Clarity Act approval.
Price sits at $2437.24 inside a bullish trend defined by EMA50 at $2165.55 and EMA200 at $1967.45. With RSI(14) at 73.72 flashing overbought and MACD showing a death cross at 110.25, the market tests upper Bollinger resistance near $2558.26 while lower band support rests at $2161.46. A healthy retracement to the 50-EMA at $2165.55 appears probable before continuation, offering ETH price prediction clarity for institutional desks watching the pair into regulatory catalysts.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast