• Analyst Michael van de Poppe says Ethereum is positioned to retest the $3,000 region
• He views the recent dip as a bullish “liquidity grab” before the next major rally
• The $2,400 price level has acted as a strong “springboard” or support for the price

Ethereum (ETH) looks set to pump, and the famous cryptocurrency analyst on X, Michael van de Poppe, thinks the cryptocurrency is well-positioned to retest the $3,000 region. 

In his latest analysis, Van de Poppe shared a detailed breakdown of Ethereum’s daily chart, highlighting the key levels that support his bullish outlook.

The crypto analyst highlighted how Etherem tested the resistance level between $2,700 and $2,900 multiple times within the past two months. According to Van de Poppe, the tests and retests serve as a ‘stamina build-up’ by Etherem as the cryptocurrency prepares for the next leg upwards. 

Related: Ethereum (ETH) Price Prediction for July 3

Meanwhile, Ethereum broke out of a sideways range towards the end of June to reach a seasonal low of $2,113. That decline was sh…

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