Latest Update
9/8/2026 3:36:00 PM

ETH: Violent Upward Move Eyes $3000 Breakout

ETH: Violent Upward Move Eyes $3000 Breakout

ETH holds support at $2492.52 with eyes on $2520 breakout toward $3000 as 4h chart shows EMA50 confluence and neutral RSI.

Source

Analysis

ETH holds support again near $2492.52, setting up a potential violent move higher if the $2520 area breaks, according to trader @CryptoMichNL.

Price action sits inside Bollinger Bands with upper resistance at $2516.46 while the 50-EMA at $2467.43 acts as immediate structural support above the 200-EMA at $2271.81. Neutral RSI at 53.79 leaves room for continuation, yet the MACD death cross at 4.89 signals short-term momentum caution before any sustained push. A clean breach of the upper band could accelerate toward the $3000 ETH price prediction zone within the next 6-12 months of cycle expansion.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast