Ethereum (ETH) He was on a sharp descending trajectory after reaching maximums above $ 4,000. The price has now decreased below $ 2100, as a result of which traders wondered if its end is approaching or more pain ahead. With an increase in sales pressure and a weakened market structure, a big question remains – can fall to $ 1,000, or a strong recovery inevitably?
This analysis will destroy Ethereum Key levels of support and resistanceIN Technical indicatorsAnd Potential price trajectory In the coming weeks.
Ethereum prediction: how bad is the current trend Ethereum?
Ethereum is worried Continuous decreaseForming lower maximums and below. After I could not stay higher 3500 dollarsThe price is sharply fixed by causing an increase in sales pressure. Currently tests The main support zone is about 2000 dollarswhich historically acted as a strong level of demand.
The current market structure suggests that ETH is still In the bear phaseWith a descending impulse, until it shows clear signs of exhaustion. If Ethereum cannot stay higher 2000 dollarsdeeper correction to $ 1500-1600 can be the next step.
Is $ 2,000 strong support for Ethereum?
A $ 2000 level It is a significant zone of support for ETH, because in the past it provided strong rebounds. The last time the etherium checked this area, the buyers aggressively pushed the price above $ 2500leading to a short -term mitin of relief.
However, if ETH breaks below 2000 dollarsThe next major support nearby $ 1500-1600Which was last checked during the bear market of 2023. The breakdown below this zone can increase the likelihood of re -etherium $ 1200-1000 dollarswhich would be the worst script for bulls.
What do indicators say about the next step Ethereum?
A Relative force (RSI) index Currently in 25which is deep Respestering territoryThe field of historically RSI levels below 30 indicate that the asset is strongly sold and can be associated with Short -term reboundNevertheless, a stable change will require ETH to restore key levels of resistance and confirm the bull impulse.
A Haykin ashi candles Strong red stripes are still formed, signaling that bear pressure is dominant. To ETH establish a change in the trend, it must print Numerous green candles Heikin Ashi With an increase in volume.
Ethereum price forecast: Will Ethereum decrease to $ 1000?
While this Price is currently sitting in Important supportA break below 2000 dollars It can lead to a further drawback. If Ethereum loses this key level, the first goal will be $ 1,600-1500 USSAnd if the market conditions worsen, the fall before $ 1200-1000 dollars It can become a reality.
However, direct failure 1000 dollars It seems unlikely if the general market does not see extreme bear mood, such as a significant correction of bitcoins or normative failures in the cryptocurrency space. At the moment, this still has a chance to recover if the bulls are protected Support zone 2000 dollarsField
Can Ethereum Price recover and rally above $ 3,000?
In order to restore the bull impulse, it must violate the key resistance levels, starting with 2 500-2600 US dollarsThe successful closure of this range will indicate a successful closure of the updated percentage of the purchase and may push Ethereum to 3000 dollars In the medium term.
However, while ETH remains lower $ 2500The structure of the market remains a bear. Full recovery will require Ethereum to restore 3200-3500 US dollarswhich was previously a critical level of support that became a resistance.
Latest thoughts: is it worth buying Ethereum now?
Ethereum is currently trading in Makeup level or violationWith $ 2000 US act as the last strong support Before a potential deeper correction. Short -term traders can look for a rebound from this level, while long -term investors can consider the possibility of eth accumulation if it falls closer to $ 1500-1600Field
At the moment, this fate depends on whether it can Power $ 2,000 Or if the bears continue to push it below. Traiders must follow Confirmed breakthrough above $ 2500. To signal the change, while a break below $ 1800 It can open the doors for further decline.
