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Home»Ethereum»The upper analyst predicts that Ethereum could ignite the bull rally if the price exceeds $ 2,330
Ethereum

The upper analyst predicts that Ethereum could ignite the bull rally if the price exceeds $ 2,330

April 22, 2025No Comments
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While Bitcoin (BTC) approaches the $ 90,000 mark, Ethereum (ETH) remains in a consolidation phase, negotiating just above $ 1,500. This divergence in Price movements Awarded discussions between cryptographic analysts concerning the potential future trajectory of Ethereum, in particular in the light of bitcoin bruise.

Ethereum Run Taurus potential

Crypto analyst Ali Martinez recently shared knowledge On the social media platform X (formerly Twitter), suggesting that Ethereum could ignite a new bull if he manages to break the level of critical resistance at $ 2,330.

Martinez stressed that an escape above this offer of the offer could point out a renewed interest in investors and push the ETH to considerably higher prices. However, Ethereum was trapped in a narrow range between $ 1,500 and $ 1,650 for last week, without substantial catalysts to stimulate a movement up.

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The immediate objective of the Ethereum bulls is the level of $ 1,600, which has become a short -term resistance point. Tedpillows market expert highlighted This Ethereum recently left a downward trend for the first time since February 2025, indicating a potential change in the feeling of the market. If the ETH can keep above the threshold of $ 1,600, analysts assume that this could come together towards the $ 2,000 bar by April.

Conversely, some analysts, including crypto guys, warn Risks associated with the current stagnation of Ethereum. The importance of a rapid ascending movement; A failure to unravel the nearest resistance could lead to a decrease to $ 1,200, highlighting the precarious nature of the current position of Altcoin.

Ethereum
Key levels for short -term Ethereum. Source: Crypto fella on x

Bitcoin goes beyond $ 87,000

In striking contrast, the performance of the Bitcoin market paint a different image. The recent increase in cryptocurrency greater than $ 87,000 is interpreter By Nicholas Roberts-Huntley, CEO of Concrete and Glow Finance, as a clear indication that investors are looking for a refuge in decentralized assets in the midst of increasing rates, inflation problems and global economic uncertainty.

This feeling is resumed that the cryptography market reacts to political tensions, in particular the threats of the surrounding president Trump to remove the president of the Federal Reserve Jerome Powell so as not to accelerate interest rate reductions.

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Youwei Yang, chief economist of Bitcoin Mining Company Bit Mining, provided an additional context on Bitcoin behavior in the current economic climate.

Yang noted that while Bitcoin can initially respond as a Active at risk– Similar to technological actions – During periods of crisis, it tends to stabilize and present the characteristics of an active refuge safely to gold as market conditions improve.

Ethereum
The daily graph shows the consolidation of ETH prices. Source: Ethusdt on tradingView.com

At the time of writing Ethn Negotiate with $ 1,584, with losses of more than 3% within the weekly time. Even more worrying, Altcoin is still down by almost 70% of its summit of all time reached in the last bullish cycle.

Dall-e star image, tradingView.com graphic

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