Ethereum: Outperformance vs Bitcoin Forecast
Crypto analyst Michaël van de Poppe states Ethereum will outperform Bitcoin once the recent correction fades and price breaks above the 0.03 range, sparking broad altcoin gains.
SourceAnalysis
Michaël van de Poppe expects $ETH to outperform Bitcoin in the coming weeks, noting that yesterday’s sharp correction should fade once equity indices regain momentum.
The 0.03 level remains the decisive range for Ethereum; a sustained break higher would trigger a strong advance and lift altcoins across the board.
Price sits at $2240.56 inside the Bollinger Bands on the 4h chart, with the upper band at $2464.54 acting as immediate resistance while the 50-EMA at $2301.45 and 200-EMA at $2418.01 cap upside. The MACD death cross at -13.06 keeps the structure bearish, yet neutral RSI at 40.48 leaves room for a quick recovery toward the upper band before any deeper test of the lower band support at $2158.08.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast