Latest Update
9/3/2026 2:00:00 PM

Ethereum: Slight Correction Sets Up Accumulation

Ethereum: Slight Correction Sets Up Accumulation

Ethereum at $2465.63 corrects into accumulation zone as EMA50 holds at $2423.85 with MACD golden cross intact.

Source

Analysis

Ethereum is correcting slightly according to @CryptoMichNL, creating an ideal zone for fresh positions amid ongoing ETH price prediction cycles.

Price sits at $2465.63 above the EMA50 support at $2423.85 and well clear of the EMA200 at $2213.14, while the MACD golden cross keeps the broader structure bullish even as momentum RSI at 58.48 stays neutral. With ETH trading inside the Bollinger Bands and pressing toward upper resistance at $2497.72, a measured retracement to the 50-EMA offers classic accumulation before continuation.


Michaël van de Poppe

@CryptoMichNL

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