Price Analysis View Non-AMP

Ethereum Price Records Mixed Sentiments! Can ETH Price Break $4k?

Published by
Elena R

Story Highlights

  • ETH Price experiences a strong pullback around the $3.5k range.
  • Daily EMA 50/200-day hints at a potential Golden Cross.
  • Bullish recovery may push the price toward the $4k level this year.

The largest altcoin by market capitalization has lost about $333 from its valuation over the last 4 trading sessions. However, the ETH price holds its value above the $3.1k mark, highlighting a potential bullish reversal in the coming time.

With the rising volatility in the crypto market, will Ethereum price retest its yearly high above the $4,000 level, or will the altcoin consolidate around the $3k range? In this article, we have covered the short-term possibilities of the Ethereum (ETH) crypto token.

ETH Price Drops 9.62% in 96 Hours!

Amid the increased FOMO-like situation in the cryptocurrency market, the Ethereum price has experienced a strong bearish reversal around its $3.5k range. Reportedly, the altcoin has dropped ~10% since Tuesday, indicating increased liquidation in the market.

However, the altcoin has soared 5.63% over the last 7 days and 17.86% during the past 30 days. With a YTD return of +35.94%, the ETH crypto has a market capitalization of $373.487 billion.

Ethereum Technical Sentiments

The EMA 50/200-day shows a rising pattern with a high possibility of a Golden Cross in the daily time frame. This suggests a high possibility of a bullish reversal.

However, the RSI indicator may experience a bearish crossover amid increased price volatility in the crypto space. This suggests a mixed price sentiment for the altcoin leader in the crypto market.

What is ETH Price Prediction?

If the bullish sentiment sustains, the Ethereum token may retest its resistance level of $3,200 during the upcoming weekend. Maintaining the price above the level could set the stage for it to head toward its $4,000 mark by breaking its upper resistance level of $3,700 this month.

However, if the bears outrun the bulls, the ETH coin price could retest its support trendline of $3,000. Moreover, if the uncertainty intensifies, this could potentially result in its plunging toward its lower support level of $2.8k.

Considering investing in the largest altcoin before it achieves the $5k mark? Read CoinPedia’s Ethereum Price Prediction, and also subscribe to us to stay updated on the latest crypto news!

FAQs

Will Ethereum Hit $4k next week?

For an ETH token to achieve that mark, it will require a jump of 28.53%.

Is ETH going to boom?

With a potential surge, the Ethereum price may achieve the $4,000 mark by the year-end.

How much is 1 Ethereum right now?

With an intraday correction of 2.56%, the ETH token is currently listed at $3,112.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

PENGU at $0.005653 or Ozak AI at $0.003? A $1 Target Could Make 166,667 $OZ Tokens Worth $166,667!

The PENGU token has long been in the market, but a new competitor has arrived.…

March 31, 2025

Bitcoin Price Prediction For Next Three Months: $100000 When?

As Bitcoin continues to ride the waves of volatile markets, experts are making predictions about…

March 31, 2025

Elon Musk Says US Government Won’t Use Dogecoin, Price Dips 5%

Elon Musk has cleared the air about rumors surrounding Dogecoin's potential inclusion in the U.S.…

March 31, 2025

Crypto Market Live Today—BTC Slips Below $82,000 While ETH, SOL, & XRP Juggle Around Crucial Support

The weekly trade has begun on a bearish note, with the prices of most tokens…

March 31, 2025

Crypto News: South Korean Trio Jailed for Crypto Ponzi Scheme Promising 30% Monthly Returns

A South Korean court has sentenced three members of a crypto scam ring to prison…

March 31, 2025

Ripple News: Can the SEC’s April 3 Meeting Save XRP from Dropping Below $2?

XRP has shown some interesting price movements over the past 24 hours, with increased trading…

March 31, 2025