Experts Reveal What Could Drive Ethereum’s Price Recovery

IS ETH READY FOR SURGE AFTER BOTTOMING HISTORIC LOW ?

ETH is in the news after it tagged a key level that flagged previous long-term market bottoms, raising hopes of potential reversal for the altcoin. The level could also act as a resistance in the short term when ETH’s price drops below it. In such a case, the analyst warned that a hike in panic selling of ETH could be likely in the near term.Even so, U.S stocks and crypto, including ETH, have reacted like risk-on assets to Trump tariff updates. …

Experts Reveal What Could Drive Ethereum’s Price Recovery

The post Experts Reveal What Could Drive Ethereum’s Price Recovery appeared on BitcoinEthereumNews.com. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has faced significant price challenges this year, drawing sharp criticism from the community. It has been battered by escalating geopolitical tensions and broader market uncertainty. Yet, market watchers believe that a recovery could be on the horizon. They point to se…

Ethereum Potentially Positioned for Recovery Amid Upcoming Events and Improved Market Sentiment

Ethereum’s price faces pressure, but analysts predict a potential rebound from upcoming events like the Pectra upgrade and ETH-staking ETFs. Analysts suggest Ethereum is undervalued, with ETH’s market price falling

Ethereum Price Prediction from Bloomberg analyst

McGlone pointed out that if Ethereum falls to the $1,000 level, it could signal a broader market downturn, as other assets could follow suit. In recent weeks, Ethereum has seen its momentum evaporate. The current conditions, along with external pressures like the US-China trade conflict, make further declines toward $1,000 seem plausible. With the ongoing trade tensions, especially President Trump’s imposition of retaliatory tariffs, the cryptoc…

Ethereum Price Enters Hostile Territory After Breaking $1,500 Support

Ethereum price has broken below the psychological $1,500 support level, underlining the strong bearish hold. The coin inched up by 0.8% and traded at $1,484 at the time of writing, with the price having bounced back from two-year lows of $1,472. ETH is down by 55.4% year-to-date, and formed a death cross in late February when its 50 MA crossed below the 200-day MA. The crypto market has been on a steep decline in the last six weeks, with risk-of…

Ethereum Eyes $1,690 as On-Chain Data Signals Bottom Formation

Ethereum on-chain data and RSI suggest a possible trend reversal toward $1,690 despite a bearish streak and whale exits. As the tariffs imposed by Donald Trump come into effect, the crypto market witnesses another spike in volatility. This caused Ethereum’s price to drop to a 24-hour low of $1,383. Currently, after a minor price rejection, Ethereum is trading at $1,461. The increasing volatility has resulted in four consecutive bearish candles i…