Ethereum Eyes 0.028 BTC Breakout Triggering Uptrend
A breakout above 0.028 BTC could trigger an uptrend in Ethereum, according to trader @CryptoMichNL.
The current price of ETH is $1743.98, just above the EMA50 at $1734.87, but capped by the EMA200 at $1891.51. The neutral RSI at 48.91 and MACD death cross at 9.38 suggest caution in the near-term.
Momentum across the Ethereum ecosystem is strong, with AAVE and UNI displaying fresh strength that raises the odds of an eventual breakout provided Bitcoin maintains its footing.




