ETH MACD Bullish Momentum Intact
The positive MACD histogram and signal line above the MACD line indicate upward momentum remains intact despite the near-term decline
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction. It's spreading across ETH & GOLD — a theme crossing asset classes.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Meanwhile, the MACD remains in positive territory with the MACD line trading above the signal line, reflecting sustained upward momentum and confirming the continuation of the prevailing trend."
"The MACD continues to improve. The histogram is positive near 30.20, while the MACD line stays above the signal line. That shows short-term bullish momentum. Still, the MACD line remains below zero. This means ETH is in a recovery phase, not a confirmed trend reversal."
"The MACD histogram remains positive at 15.75, indicating upward momentum from the June lows has not completely dissipated. More importantly, the MACD line remains above the signal line, suggesting the broader recovery trend remains intact."