ETH: Ideal Buy the Dip Zone Nears
ETH at $2450.1 eyes buy the dip support near $2333.56 as 4h chart shows neutral RSI and MACD death cross inside Bollinger bands.
SourceAnalysis
ETH at $2450.1 sits inside its 4h Bollinger bands with upper resistance at $2513.76 and lower support at $2408.02.
Michaël van de Poppe flagged an ideal buy the dip area ahead. Price holds above the EMA50 at $2333.56 and EMA200 at $2061.61 in a bullish trend structure, yet the MACD death cross at 33.48 signals fading momentum while RSI at 55.46 remains neutral. Traders watch for a retracement to the 50-EMA before any continuation, shaping fresh ETH price prediction scenarios amid ongoing crypto market volatility.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast