ETH: Outperforms Bitcoin as $2,550 Support Holds
ETH trades at $2643.56 with stronger relative strength than Bitcoin, holding above $2,550 per Michaël van de Poppe as 4h chart shows EMA50 confluence.
SourceAnalysis
Michaël van de Poppe noted markets show ETH acting stronger than Bitcoin, signaling risk-on conditions while ETH price stays above the $2,550 level with no structural damage.
Price at $2643.56 sits inside Bollinger Bands with upper resistance at $2804.4 and lower support at $2635.62, testing the EMA50 at $2637.06 that has acted as reliable support over the past year in ETH vs BTC relative strength historical analysis; RSI at 43.78 keeps momentum neutral while the MACD death cross at 8.26 flags short-term caution, yet the bullish EMA200 at $2441.13 underpins the broader uptrend and favors dip accumulation above the key $2,550 threshold.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast