ETH: Van de Poppe Flags Fresh Upward Leg
ETH trades at $2469.9 while Michaël van de Poppe calls for new leg up; EMA50 holds support at $2468.58 with neutral RSI.
SourceAnalysis
Michaël van de Poppe states $ETH looks ready for a new leg upwards at $2469.9.
Price sits just above the EMA50 at $2468.58 while the EMA200 at $2289.9 continues to anchor the broader bullish structure. The RSI(14) at 49.62 remains neutral and the MACD shows a death cross at -6.26, yet the pair trades inside the Bollinger Bands with upper resistance at $2512.02. A push through that band could open continuation, while any rejection would likely test the lower band support near $2435.39 before the next directional move.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast