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Cryptocurrency News Articles

Ethereum (ETH) Price Prediction For March 2025 – Is Price Going To $1500

Mar 05, 2025 at 07:19 am

The price of Ethereum (ETH) suffered a fresh decline from a daily high of $2550 to $2000.

Ethereum (ETH) Price Prediction For March 2025 – Is Price Going To $1500

The price of Ethereum (ETH) dropped further from a daily high of $2,550 to $2,000. If the price fails to protect the support zone of $2,000, which is a safe demand area for whales, it could face more selling pressure in the coming days or weeks.

If we consider the cryptocurrency market, we can say that it’s seen some price bounce following Trump’s announcement of the US strategic crypto reserve. However, ETH’s price pump was a bull trap for many traders and investors who are looking to invest in the crypto asset in the long term as the price from $2,000 to $2,500 was sold off quickly.

As the chart shows, the price of ETH was met with resistance at around $2,550. The price failed to break above its daily resistance, which led to a drop below its daily 50-day and 200-day EMAs (Exponential Moving Averages). These EMAs are expected to act as resistance for the price.

At the time of writing, the price of ETH is showing signs of more selling pressure as the price trades towards the lower part of the 4-hour chart. From the 4-hour chart, we can see that the price is testing the lower part of the 50-day EMA, which could provide some support for the price.

However, if the price drops below the 200-day EMA, which is currently at around $2,000, it could face more selling pressure as this price zone is a safe demand area for whales and investors who bought ETH at higher prices.

If it fails to break above $3,000, we expect bears to dominate lower, meaning ETH’s price could eventually drop towards a low of $1,500, which acts as a strong demand zone for the price.

A drop in ETH’s price towards $1,500 could affect the overall sentiment, but a break above $3,000 could set the tone for Ethereum’s (ETH) price prediction towards a high of $5,000. In the current bull cycle, the price is expected to rally higher towards $7,000 to $10,000.

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Other articles published on Mar 06, 2025