• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Ethereum Loses an Important Support-—Is ETH Price Heading Back to $1500?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Price Analysis > Ethereum Loses an Important Support-—Is ETH Price Heading Back to $1500?
Price Analysis

Ethereum Loses an Important Support-—Is ETH Price Heading Back to $1500?

vitalclick
Last updated: March 30, 2025 4:53 pm
16 minutes ago
Share
SHARE

The crypto markets have been facing a massive pullback over the past couple of days, wiping out over $200 billion. While the major tokens try to make up for the recent losses, the Ethereum price rally flashes bearish signals. The price has dropped below the support line that has been acting as a strong support for over the past few years. Hence, massive bearish signals continue to flash for the ETH price rally as the token is now primed to reach $1500 if bulls fail to defend the crucial support levels. 

Ethereum has been taking a harder hit than Bitcoin in February, which is expected to continue for March as well. For the first time in history, the Ethereum price printed massive bearish candles throughout Q1. On the other hand, Ethereum ETFs are reading 25% below the fair value, with over $370 million yanked from spot ETFs in March 2025. 

Now that the price is approaching the end of the quarter, bearish influence over the token has amplified. The ETH price recovery looks sluggish, below the key moving average levels, hinting towards a more descending trend fast approaching. 

The price of Ethereum has dropped below the 200-day MA for the first time since the 2021 bull run, hinting towards the beginning of a fresh bearish action. In the long term, the price has dropped below the support of the decisive symmetrical triangle, and a close below the range may trigger lower targets below $1500. The volume has ranged to some extent but remains under bearish influence. Besides, the monthly RSI has dropped to the range it tested during the 2022 bottoms. 

Therefore, the ETH price is expected to drop heavily as the technicals are about to undergo a bearish crossover. The Ichimoku cloud and the DMI are about to turn bearish, which flutters bearish flags for the crypto. On the other hand, if the RSI triggers a rebound from the support as it did before, then the price may gain some momentum. However, the bullish scenario is unlikely as technicals turn bearish. Therefore, the upcoming monthly close may have a massive impact on the forthcoming price action. 

If the Ethereum (ETH) price reclaims $2000 ahead of the monthly close, then the second-largest token may continue to test upper targets; otherwise, a drop to $1500 could be imminent. 

You Might Also Like

Raydium’s RAY Token Skyrockets 665% in 2024, What’s Next?

SUI Price Breaks $3.50! Is $4.50 the Next Target?

Helium Price Jumps 78% in 13 Days, HNT Price To Hit New 52-week High?

XRP Skyrockets Past $3 for the First Time in 7 Years! Is $4 Next?

Can BTC Overcome the $64K Hurdle for a Bullish Rally?

TAGGED:Price Analysis
Share This Article
Facebook Twitter Email Print
Previous Article Will the Crypto Market’s Downturn Hold? 
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?