ETH: Uptrend Signals Dip Buying vs BTC
ETH at $1905.53 enters uptrend per Michaël van de Poppe, favoring dip buys and outperformance against BTC amid neutral RSI and EMA support.
SourceAnalysis
Michaël van de Poppe declared the trend shift for ETH, placing it in an uptrend that favors buying dips while expecting outperformance versus BTC.
Price sits at $1905.53 with EMA50 at $1903.84 acting as immediate support and EMA200 at $1846.03 providing deeper structural backing. RSI(14) at 46.62 remains neutral while MACD shows a bearish death cross at 4.71, yet price tests the lower Bollinger band near $1908.37 with upper resistance at $1927.85. This confluence points to a brief consolidation above the 50-EMA before continuation higher, consistent with ETH price prediction frameworks that track relative strength against BTC in the current cycle.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast