ETH: Van de Poppe Urges Immediate Allocation
ETH at $1893.07 draws Michaël van de Poppe's call for instant positioning, citing past 60% breakouts and 4h chart MACD golden cross targeting $3000.
SourceAnalysis
ETH allocation right now represents the optimal entry per Michaël van de Poppe, who notes that markets reward positioning before confirmation arrives and recalls prior 60% breakouts in under a week, including the 2023 instance, as setup for a swift move to $3000.
Price action on the 4h chart shows ETH trading at $1893.07 just beneath EMA50 resistance at $1896.09 yet above EMA200 support at $1848.5, with MACD at -3.53 printing a bullish golden cross inside neutral RSI at 49.07 and Bollinger Bands, where a push toward upper resistance at $1937.99 could trigger a measured retracement to the 50-EMA before continuation; this confluence aligns with the ETH price prediction of rapid upside while Bitcoin and TAO flows remain sidelined.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast