ETH vs BTC Uptrend Continues Amid Neutral RSI and Bullish MACD
The price of Ethereum versus Bitcoin is currently locked in an uptrend, with some analysts advising to buy the dip. According to Michaël van de Poppe, buying the dip remains the correct strategy for this pair.
The current price action sits above the EMA200 support at $1830.9 but below the EMA50 resistance at $1877.4. The RSI(14) is neutral at 44.72, while the MACD shows a bullish golden cross at -7.09.
This setup has repeated in the last six months of Ethereum price prediction cycles and ETH vs BTC ratio swings.