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Michaël van de Poppe, a well-known cryptocurrency analyst, shared a bullish outlook on Ethereum (ETH) in a post on X dated May 17, 2025. He claimed that any ETH price under $2,400 is a “steal” following the recent surge, suggesting Ethereum could continue its upward trajectory. His post included a chart showing Ethereum’s sharp rebound after bottoming out below $2,000 earlier. The TradingView chart shared by Van de Poppe illustrates Ethereum’s price action against Tether (USDT) on the Binance exchange. It shows ETH rallied sharply in early May 2025 after a prolonged downtrend. The chart marks a clear high timeframe support zone for ETH near $2,100 and a resistance area identified between roughly $2,600 and $2,800, with Van de Poppe specifically noting $2,750 as a resistance point. Van de Poppe labels the $2,400 level as a “significant opportunity,” implying that current prices still offer value before potential continuation of the uptrend. His projection indicates a possible consolidation near resistance, followed by further upside. Van de Poppe’s analysis aligns with growing optimism across the crypto market. Ethereum’s current structure suggests that traders could monitor the $2,100 to $2,400 range for signs of support and accumulation. The chart implies a bullish setup, where a confirmed breakout above the resistance zone may lead to further gains. The directional arrow on the chart points toward new highs, though no exact timeframe is provided. Meanwhile, Ethereum’s Relative Strength Index (RSI) has climbed to 52.49, breaking above the neutral 50 mark for the first time since March 2025. The moving average of the RSI currently stands at 38.40, reflecting earlier weakness. This upward move indicates increasing buying momentum. The RSI measures the speed and strength of price changes on a scale from 0 to 100. Levels above 70 are considered overbought, while those below 30 suggest oversold conditions. A position above 50 typically signals bullish pressure. Ethereum’s RSI stayed below 50 throughout recent months, reflecting seller control. The current breakout shifts this dynamic. The last meaningful upside occurred in early 2024, when RSI briefly surged to 85 before reversing. The present rise shows a renewed trend shift without extreme conditions. Unlike earlier failed attempts, this move has also cleared its moving average. The RSI’s advance above both its average and the midpoint level signals a potential trend reversal. It highlights a growing change in sentiment. This may support further gains if broader market conditions align. With RSI direction turning upward, traders now have an early signal to monitor price continuation, especially if volume confirms the momentum. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$AAVE If we get 200$ area then its good for load again for those who miss $150 entry #aave

$BTC Consolidating on top of the Value area is bullish. I will only get concerned if we start closing inside the value area, as this opens the doors for Value area low + some adjacent liquidity in form of a sweep.

You'll notice this FVG lines up with my H4 chart + local range I posted before this one. So imo its a key area to hold to remain bullish for continuation higher. Lower, move back to more of a neutral stance.

XRP is believed to be preparing for a large rise after correcting a major trend. Dark Defender reported in an X post on Friday that the A wave pattern is complete on the 4-hour chart. He believes that XRP could start its next phase of rising in the near future The analyst mentioned that XRP’s price advanced to $2.59 and then declined to $2.36 as predicted earlier. He pointed out that the outcome matched exactly what would be expected from wave A in a three-wave pattern. These changes in the market are expected to take the price to around $2.55 in the near future. If wave B is executed well, a new wave, C, could be undertaken, leading to the target of $3.3333. The token is reaching a new high that points towards a major level of progress. According to the analyst, two significant technical supports are at $2.3502 and $2.2222. These areas could help reduce risks if the market goes down for a period. On another note, $2.58 should offer some resistance, while analysts anticipate that the key goal of XRP is to surpass $3.3333. Traders and investors are attentive to these levels since the analyst has accurately predicted outcomes before. The market is awaiting the $2.55 area with the hope that it will prove the start of an improvement. The 4-hour chart indicates strength, as the price has hit higher lows and buyers are staying firm. If XRP overcomes the resistance at $2.58, it might indicate that the next rally is underway, and the price could reach new heights. Related: XRP Case Setback: Ripple-SEC Joint Motion Fails to Clear Court’s Procedural Bar The price of XRP at the time of writing is $2.42, down by 1.65% from yesterday. Since the price moved back a little, traders are waiting to see more signals on both the short- and long-term sides. With a 24-hour traded volume of $5.39 billion, XRP experienced a 30.61% hike over its previous level. Although no outcome is guaranteed, wave-based strategies offer a consistent perspective based on the technical structure. Besides, the current market structure makes way for a bullish trend, especially when support and resistance levels are crossed. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.