Ethereum: Eyes Breakout Above €2,070 | Flash News Detail | Blockchain.News
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4/26/2026 2:41:00 PM

Ethereum: Eyes Breakout Above €2,070

Ethereum: Eyes Breakout Above €2,070

Ethereum grinds higher following Bitcoin, targeting breakout above €2,070 amid repeated resistance tests and bullish momentum.

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Ethereum ($ETH) tracks Bitcoin (BTC) in a steady upward grind, pushing for a decisive breakout beyond €2,070, according to analyst Michaël van de Poppe. With multiple tests at this key resistance zone and sustained bullish path, a breakout appears imminent, potentially accelerating ETH price prediction models toward fresh highs in the ongoing crypto market trends. This move aligns with broader momentum, where even emerging plays like TAO ride the Bitcoin wave, signaling renewed hype in digital assets.

As a senior macro-crypto prop trader, I see ETH's 4-hour chart screaming confluence for bulls. Price at $2,346.7 tests the upper Bollinger resistance of $2,343.53, a classic volatility exhaustion point that often precedes sharp moves, especially with MACD flashing a golden cross at -1.43 confirming bullish strength. RSI at 57.1 sits neutral, avoiding overbought traps, while the EMA50 at $2,325.28 and EMA200 at $2,240.87 act as rock-solid supports—expect any pullback to bounce hard from there before resuming the grind, mirroring the resilient uptrend we've crushed over the past six months.


Michaël van de Poppe

@CryptoMichNL

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