The encryption markets are facing a tremendous decline over the past two days, as it eradicates more than 200 billion dollars. While the main symbols are trying to compensate for the last losses, the ETHEREUM rally rally rally. The price has decreased below the support line that has been working as strong support during the past few years. Consequently, the huge huge signals continue to flash ETH prices, as the distinctive symbol is now prepared to reach $ 1500 if the bulls fail to defend the decisive support levels.
ETHEREUM was more success than Bitcoin in February, which is expected to continue in March as well. For the first time in date, the price of Ethereum printed the huge dumplings throughout the first quarter. On the other hand, Ethereum ETFS reads by 25 % less than a fair value, with more than $ 370 million that were extracted from the investment funds circulated in March 2025.
Now that the price is approaching from the end of the quarter, the high impact on the distinctive symbol. ETH price recovery looks slow, less than the main moving average levels, hinting towards a more descending direction that quickly approaches.
The price of Ethereum has decreased to less than the Master of 200 days for the first time since the 2021 bull race, hinting towards the start of a new declining work. In the long run, the price has decreased without supporting the decisive similar triangle, and the closure without the range may lead to less goals less than $ 1500. The folder ranged somewhat but is still under a declining influence. Moreover, the monthly relative strength index fell to the range it tested during the 2022 bottoms.
Therefore, the ETH price is expected to decrease dramatically as technicians are about to undergo downnight. Ichimoku and DMI cloud is about to turn to down, which surpasses flags for encryption. On the other hand, if the relative strength indicator leads to a recovery of support as happened before, the price may gain some momentum. However, it is unlikely to be the bullish scenario as the artists turn into a decline. Therefore, the next monthly closure may have a tremendous impact on the next price procedure.
If the ETHEREUM (ETH) price regains $ 2000 before the monthly closure, the second largest symbol may continue to test the higher goals; Otherwise, a decrease to $ 1500 can be an imminent dollar.
