Ethereum: Reclaims $2500 on Bullish 4H Structure
Ethereum price reclaims $2500 at $2540.94 as RSI hits 96.11 overbought on 4h chart with MACD golden cross intact.
SourceAnalysis
Ethereum ($ETH) just climbed back over $2500, trading at $2540.94.
Price tests upper Bollinger resistance at $2612.12 while RSI(14) flashes overbought at 96.11, suggesting a healthy retracement to the 50-EMA support at $2091.33 before continuation. The MACD golden cross at 134.48 keeps the bullish trend structure above EMA200 at $1937.44, though trading inside the bands points to short-term volatility exhaustion for ETH price prediction and Ethereum technical analysis.
Evan
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