ETH: Daily MACD Bullish Crossover Confirmed

ETH daily candle closed with a fresh MACD bullish crossover, repeating the exact signal that previously lifted prices from $1,800 to $2,500.

Traders now watch ETH price prediction models for continuation as momentum builds on the higher timeframe.

Price action on the 4h chart shows ETH trading inside Bollinger Bands with upper resistance at $2720.12 while RSI(14) sits at 70.39 in overbought territory and MACD registers a 39.95 golden cross; this confluence points to a probable healthy retracement toward the EMA50 support at $2540.65 before any extension higher, with lower band support resting at $2466.69.