JP Morgan: Bullish ETH Outlook Fuels Crypto Momentum
JP Morgan releases fresh crypto bulls on ETH as price holds $2181 with MACD golden cross signaling potential reversal amid 2026 bull run setup.
SourceAnalysis
JP Morgan just dropped its latest crypto bulls note on ETH, marking what many see as the exact moment to turn most bullish on the sector as Russia crypto developments add fresh tailwinds.
With ETH trading at $2181.07 inside its Bollinger Bands, the 4-hour chart shows price respecting the bearish structure defined by EMA50 at $2251.13 and EMA200 at $2267.14 yet MACD has printed a golden cross at -25.44 while RSI sits neutral at 33.92; institutional desks now watch for a clean test of upper-band resistance near $2295.53 before any measured retracement toward the 50-EMA support zone opens the next leg higher into the broader BTC and crypto bull run cycle.
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