ETH: Outperforming Bitcoin Above Key MAs
ETH breaks above higher-timeframe MAs versus Bitcoin after 0.0260 BTC low, signaling sustained uptrend strength.
SourceAnalysis
ETH continues to outperform Bitcoin on the ratio chart, climbing steadily since the recent low at 0.0260 BTC as it clears higher-timeframe moving averages and confirms an uptrend.
Price sits at $1823.7 inside the Bollinger Bands with upper resistance at $1832.47 and lower support at $1763.14. The structure remains bullish above the EMA50 at $1775.37 and EMA200 at $1752.61, while the MACD golden cross at 4.08 keeps momentum constructive and RSI at 62.23 leaves room before overbought conditions. This confluence supports further ETH price prediction gains and an ETH/BTC ratio breakout that could accelerate during any crypto market recovery phase.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast