ETH: Trader Eyes 3-3.2k Breakout After Consolidation
ETH at $2582.72 targets 3-3.2k as breakout follows one-month consolidation, RSI at 71.07 and MACD golden cross signal strength.
SourceAnalysis
ETH still looks good for 3-3.2k according to trader @Pentosh1, who sees a potential breakout after a month of consolidation.
Price at $2582.72 tests upper Bollinger resistance at $2538.06 while RSI(14) at 71.07 signals overbought conditions and MACD(12,26) holds a bullish golden cross at 11.11; with EMA50 at $2471.87 and EMA200 at $2338.95 acting as concrete support, a healthy retracement to the 50-EMA before continuation appears probable. This ETH price prediction aligns with selective setups on majors amid varied market structures.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.
Premium Sponsors
.jpg)