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Cryptocurrency News Articles

In recent market developments, the Ethereum price has shown rising bearish indicators in the network. This took place all while the newly elected president

Mar 16, 2025 at 06:00 pm

This next-generation AI platform offers its users the flexibility to use either the Ethereum or Solana blockchains for trading cryptos based on their preferences.

In recent market developments, the Ethereum price has shown rising bearish indicators in the network. This took place all while the newly elected president

The Ethereum price has been showing increasing bearish indicators in the network, even as the newly elected president, Donald Trump, decided to keep buying more ETH.

The Ethereum price has been struggling to stabilize following a series of sudden bearish swings. ETH is currently trading at around $1,987, which shows a slight recovery. However, the overall market mood suggests that ETH is still far from entering a safe zone.

Recently, ETH bounced back from the $1,900 support level in an attempt to regain higher price ranges. But even with this recovery, the Ethereum price remains in a critical position. There is ongoing bearish pressure, evident in the downward trend on its 50-day and 100-day moving averages.

Additionally, the bullish momentum is waning, as seen in the altcoin’s inability to sustain a price above the $2,500 mark. This marks a crucial resistance zone, and any breakout attempt will be short-lived without a decent volume surge.

On the positive side, the $2,600-$2,700 range is still a key resistance zone for the altcoin. If it can break above this level, the Ethereum price may regain enough strength to challenge the $2,900 mark.

However, any breakout attempt will likely be cut short if there isn’t a good volume increase. According to analysts, ETH has reacted more strongly to market-wide volatility compared to Bitcoin, which has managed to maintain relative stability.

If it fails to rise above $2,600 in the coming days, the Ethereum price may experience another decline to $1,800 or lower. An entry below $1,700 would be the worst-case scenario for ETH, potentially triggering panic selling among investors.

Amid the broader market volatility, ETH is showing increased price turbulence on the visual charts. Meanwhile, the emerging AI platform IntelMarkets (INTL) has secured a whopping $11.43 million in its ongoing presale stage 10.

Many ETH investors have reportedly shifted to this AI newcomer due to its stability in accumulation compared to the crypto giant Ethereum.

IntelMarkets’ growing optimism can be attributed to its strong platform fundamentals and its state-of-the-art technical architecture, setting it apart from other presale projects active in the market right now.

This next-generation AI platform offers its users the flexibility to use either the Ethereum or Solana blockchains for trading cryptos based on their preferences.

Ethereum Price Turbulence Diverts Attention to IntelMarkets

The growing negative signals in the Ethereum altcoin are driving ETH investors to offload assets and explore other strong alternatives to recover losses caused during the prolonged price plunge.

On the flip side, IntelMarkets (INTL) has gained notable attention amid the broader Ethereum price crash as Ethereum whales have turned bullish on its ongoing presale.

Given that there are certain support levels that Ethereum must reach in order to recover from the red zone, IntelMarkets is positioned to stand firm as a strong ETH rival in the upcoming Q2 bull run.

According to analysts, this AI platform is following the roadmap to become the best-selling ICO of 2025 based on the performance metrics observed in its fast-selling presale.

Disclaimer:info@kdj.com

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Other articles published on Mar 19, 2025