Ethereum (ETH) Fails to Retain $2,000 as Sellers Take Control

2025-3-22 03:30

Ethereum (ETH) is still struggling below the $2,000 mark after briefly hitting the threshold following the recent FOMC meeting. The bullish momentum has quickly faded, and ETH is again showing signs of weakness.

Technical indicators, including RSI and DMI, indicate increasing bearish pressure in the short term. Traders are now monitoring key support and resistance levels to see whether ETH will continue its correction or attempt a recovery.

Ethereum RSI Is Down After Touching Overbought Levels

Ethereum’s RSI has dropped sharply to 46.63 from 71 just two days ago, signaling a shift in momentum.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, typically on a scale of 0 to 100. Readings above 70 suggest an asset is overbought, while levels below 30 indicate it may be oversold.

ETH RSI. Source: TradingView.

With ETH’s RSI now sitting near 46, it has entered neutral territory, showing that the recent bullish momentum has faded. This could imply a period of consolidation or further downside risk if sellers maintain control.

Traders may now expect ETH to stabilize and bounce if demand returns or continue its correction if bearish pressure grows stronger.

ETH DMI Shows Sellers Are Again In Control

Ethereum’s DMI chart shows that the ADX has dropped to 17.96 from 24.5 yesterday, indicating weakening trend strength.

The Average Directional Index (ADX) measures the strength of a trend, with values above 25 suggesting a strong trend and values below 20 pointing to a weak or ranging market.

ETH DMI. Source: TradingView.

At the same time, ETH’s +DI has fallen to 21.17 from 34, signaling that bullish momentum is fading. Meanwhile, the -DI has climbed to 23.12 from 11.17, suggesting growing bearish pressure.

With ADX dropping and -DI crossing above +DI, Ethereum could face further downside or enter a consolidation phase as sellers gain more influence over price action.

Can Ethereum Surge 30% Soon?

Ethereum price is currently in a corrective phase, and if this trend continues, it could test key support levels at $1,867 and $1,823.

A break below these zones could open the door for a deeper decline toward $1,759, with the risk of ETH falling below $1,700 for the first time since October 2023.

ETH Price Analysis. Source: TradingView.

However, if Ethereum manages to reverse the current downtrend and regain bullish momentum, it could push toward resistance at $2,106.

A stronger rally could see ETH aiming for $2,320 and even $2,546, offering a potential upside of around 30% from current levels.

The post Ethereum (ETH) Fails to Retain $2,000 as Sellers Take Control appeared first on BeInCrypto.

origin »

Ethereum (ETH) на Currencies.ru

$ 1982.1 (-0.46%)
Объем 24H $7.519b
Изменеия 24h: -0.22 %, 7d: 5.36 %
Cегодня L: $1982.1 - H: $1996.93
Капитализация $239.115b Rank 2
Цена в час новости $ 1983.8 (-0.09%)

ethereum take control sellers retain eth fails

Источник: beincrypto.com

ethereum take → Результатов: 126


Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […]

2020-10-11 22:00


Analysts Take Aim at $280 for Ethereum as Bears Gain Firm Control

Ethereum has been hit hard by the recent market-wide downturn, with the cryptocurrency’s price crashing by nearly $30 in a matter of minutes earlier today This move struck a serious blow to its technical outlook, leading many investors and analysts to anticipate further downside in the near-term One trader is specifically setting his sights on a move down towards $280, explaining that this is a bastion of buying pressure for ETH Whether or not Ethereum […]

2020-9-23 23:00


Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000

Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […]

2020-8-1 21:00


Фото:

Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […]

2020-7-3 23:00


Фото:

Binance Coin (BNB) Becomes Third Cryptocurrency With A Branded Emoji On Twitter

The Binance Coin (BNB) is now the third Cryptocurrency to receive a branded emoji. This is coming in shortly after Bitcoin and Crypto.com’s CRO received a branded emoji from the social network. Although crypto-twitter also made a strong appeal for Ethereum, Ethereans might have to exercise patience until the network is ready to take the […]

2020-7-2 20:39


Виталик Бутерин: Я с уважением отношусь к проекту EOS

В недавней серии твитов создатель эфириума Виталик Бутерин дал положительную оценку блокчейн-проекту EOS. If I were designing a new chain to live alongside bitcoin and ethereum, I would take *all* the political tradeoffs that BTC and ETH aren't willing to take.

2020-5-17 11:34


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum Network Activity Hits Yearly Lows as Inflation Risks Mount

Ethereum’s on-chain activity has hit new lows, raising concerns over inflation and price stability. With dwindling demand and rising supply, ETH faces mounting pressure. Will it rebound or sink further? The post Ethereum Network Activity Hits Yearly Lows as Inflation Risks Mount appeared first on BeInCrypto.

What to Expect from Ethereum (ETH) Price in March 2025

With ETH supply rising and exchange balances increasing, bearish sentiment looms. However, analysts suggest these conditions could set up a strong recovery. The post What to Expect from Ethereum (ETH) Price in March 2025 appeared first on BeInCrypto.