Ethereum: Outperforms Bitcoin on Upgrade Momentum
Ethereum at $2705.21 eyes $3000 as it shows relative strength versus Bitcoin, fueled by recent upgrades and bullish 4h chart signals.
SourceAnalysis
Ethereum is acting stronger than Bitcoin, with recent upgrades proving super bullish and positioning ETH to break resistance toward the $3,000 target, according to trader @CryptoMichNL.
Price sits at $2705.21 inside the Bollinger Bands with upper resistance at $2724.75 and lower support at $2649.25. The EMA50 at $2671.86 and EMA200 at $2508.49 anchor the bullish trend structure while MACD registers a golden cross at 0.68. With price testing upper Bollinger resistance while RSI at 54.72 remains neutral, a healthy retracement to the 50-EMA support at $2671.86 appears probable before continuation. This setup aligns with ETH price prediction models and ETH vs BTC relative strength history during upgrades observed over the past year amid Ethereum recent upgrades 2025-2026 impact.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast