Ethereum Dropped -24.55% in Last Month and is Predicted to Drop to $ 1,856.17 By Mar 25, 2025

cryptonews.net 20/03/2025 - 11:15 AM

Disclaimer

This is not investment advice. The information provided is for general purposes only. Seek independent professional consultation regarding legal, financial, and fiscal advice before making any investment decision.


Ethereum Market Overview

  • Ethereum is up: 3.96% today against the US Dollar
  • Current Trading Price: $2,013.67
  • Price Prediction (Mar 25, 2025): $1,856.17 (-8.01%)
  • Recent Performance:
    • Down -24.55% in the last month
    • Down -35.77% year-over-year

Metric Value
Current Price $2,013.67
Next Prediction $1,856.17 (-8.01%)
Sentiment Bearish
Fear & Greed 0
Key Support $1,976.17, $1,888.49, $1,842.78
Key Resistance $2,109.57, $2,155.27, $2,242.96

ETH Price Predictions

According to current estimates, ETH is expected to drop by -8.01% in the next 5 days. This considers various market factors and bearish sentiment observed recently.

Recent Trends

  • Ethereum’s performance has been negative, showing a -24.55% decline over the past 30 days and -40.11% over the last three months.
  • Historical data shows ETH was $3,134.96 a year ago and achieved an all-time high of $4,867.17 on Nov 10, 2021.

Technical Analysis

The current sentiment for Ethereum is classified as Bearish, backed by 93% of indicators suggesting a negative outlook. The Fear & Greed index is presently at 0, indicating a neutral sentiment in the market.

Moving Averages & Indicators

Several important moving averages are signaling bearish tendencies:
Daily and Weekly MA: Mostly indicating ‘SELL’
RSI (14): 44.21 (NEUTRAL)
General trend: Trading above 50-day and 200-day SMA suggests potential bullish signs, but other indicators remain neutral.

Conclusion

In summary, the current forecast for Ethereum appears bearish, with an expected decrease of -8.01% towards the $1,856.17 target over the next five days. Investors should monitor market sentiment and key levels closely.

Disclaimer: This is not investment advice. Seek independent professional consultation regarding legal, financial, and fiscal advice before making investment decisions.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Fear

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