Van de Poppe Sees 0.03250 BTC Ratio for ETH Amid Market Shifts
Crypto analyst Michaël van de Poppe is eyeing a potential ETH price target of 0.03250 BTC, based on current momentum. According to his analysis, ETH's price is currently sitting at $1880.98 within its Bollinger Bands, with an upper resistance level at $1891.85 and a capped upside by the EMA50 at $1887.84 in the prevailing bearish structure.
The MACD golden cross is indicating a bullish signal against a neutral RSI reading of 46.79, suggesting that ETH may probe the $1891.85 band before potentially retracing towards the lower Bollinger Band or EMA200 support at $1857.51.
This prediction coincides with shifting Bitcoin dominance and broader crypto market trends.