ETH: Golden Cross Hits ETHBTC Pair
ETH prints golden cross on ETHBTC at $1905.89 as 4h MACD confirms bullish structure above EMA50 support.
SourceAnalysis
ETH printed a golden cross on the ETHBTC pair, flagged by @godbole17.
Price holds $1905.89 while testing upper Bollinger resistance at $1904.33, with MACD golden cross at 3.39 locking in bullish momentum and RSI at 62.03 leaving room before overbought conditions. The structure sits above EMA50 at $1889.53 and EMA200 at $1861.9, turning both moving averages into concrete support. Traders watching ETH price prediction models now eye a potential pullback to the 50-EMA before continuation, while monitoring any spillover into broader crypto market crash scenarios or AI industry impact on risk assets.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.