The price of atherium has been in a sharp decline in the previous months, Underperforming compared to bitcoin (BTC) And Solana (Sol). Despite its reluctance to experience an important value increase, a crypto analyst has revealed its speed to ETH, making a prediction Possible recovery for $ 4,000 Before the end of the bull cycle.
Etharium price is estimated to reach $ 4,000
Crypto’s analyst astronomer has declared its boom Atherium price outlookA possible rally predicts up to $ 4,000. in a long time Post On X (East Twitter), the analyst highlights several technical signals that suggest that ETH may soon see this major price target again.
In particular, the ETH price is a clearly deployed Aid area Between $ 1,700 and $ 1,900 range. Historically, this range has served as a launch pad for recovery, trigger A trigger with the last decline in the region Strong price growth,
Whereas Etharium has weakened Against Solana during this bull market, it has doubled even after 2022 low, which is better results than most altcoins. Highlighting his rapid stance on ETH, astronomer revealed that he had swap BTC for Ath, cooking a strong belief that the latter would improve the east until the end of the cycle at the end.
Depending on the chart of the analyst, ETH is currently trading within a long -term macro price range between $ 1,700 and $ 4,500. Cryptocurrency recently retained the bottom of this range, historically caused a jump towards a price above $ 4,000.
Astronomers also note that Bitcoin has already set its weekly low, which means that the price movements of the atherium soon aligned with the recovery of pioneer cryptocurrency. If the eth can retrieve the level of $ 2,100, the analyst moves fast to $ 4,000 in a few months.
With next Federal reserve monetary policy Determined for mid -April, the market can see a fresh speed speed that can benefit the price trajectory of the atherium. Another major development that supports analyst Rapid projection for atherium It is performed in March 2025. At that time, Altcoin raised the previous price, but did not maintain a breakout, which improved a long time.
However, astronomer suggested that this price trend emphasizes re -viewing $ 4,000, especially a limit after atherium. The analyst notes that Eth is now on this important low, which may indicate that Is belowIndicate a possible step for new heights.
Ath Market Sentment Hit Rock Bottom
Sharing its rapid forecast for the price of Eth during this bull cycle, the astronomer also revealed that Ethereum was facing. A feeling of heavy recession Due to its prolonged underperformance. According to the analyst, the current market spirit of the atherium is worse than bitcoin, with negative narratives dominating discussions in the Crypto community.
Some claim that ETH lacks a case of proper use, while others suggest that Atherium foundation Can sell Despite this, historical data suggests that when ETH hits the same levels at the end of 2017 and 2021, Cryptocurrency experienced a latter rally for new Aths. The latest feeling shows the score Etherium hit rock bottom At 14, a sign of extreme fear and uncertainty, which often occurs before the major value rebels.
Special displayed image from Adobe Stock, Chart from TradingView.com
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