Ethereum: No Breakout Yet Sets Up FOMO Rally
Ethereum at $2719.49 shows no breakout yet, with bullish MACD and EMA support pointing to surprise upside and fresh FOMO per CryptoMichNL.
SourceAnalysis
Ethereum shows no breakout yet, with @CryptoMichNL noting the next upward push will likely surprise traders and spark heavier FOMO.
Price holds at $2719.49 above the 50-EMA support at $2693.88 while the 200-EMA sits at $2586.43, confirming the broader bullish structure. The MACD golden cross at 7.58 adds momentum, and neutral RSI at 56.48 leaves room for continuation. With price still inside the Bollinger Bands, a direct test of upper resistance at $2741.8 remains the immediate target before any deeper retracement to the lower band at $2658.11. ETH price prediction models now focus on this exact confluence zone for the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast