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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    The Future of Gambling: How Casino Sites Are Leveraging Web3

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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  • NFT
    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

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    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

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    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

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    Elite Footballers Named in $3.4 Million Crypto Fraud Case

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    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

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    First Force set to make Telegram debut with one of the largest NFT drops on TON

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    TON is becoming one of the top chains for NFT activity

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    NFT market makes a modest comeback as Bitcoin hits $105k level

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    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

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  • Gaming
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    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

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    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

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    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

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    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

    Everything You Need to Know About the Console and Crypto Plans

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    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    SoonVerse Partners with Arris to Enhance User Experience

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  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

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    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
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    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

    Binance, Cristiano Ronaldo Introduce Sixth NFT Drop

    Elite Footballers Named in $3.4 Million Crypto Fraud Case

    Elite Footballers Named in $3.4 Million Crypto Fraud Case

    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

    Floki Inu Makes FlokiTars NFT Key to Unlocking Valhalla

    First Force set to make Telegram debut with one of the largest NFT drops on TON

    First Force set to make Telegram debut with one of the largest NFT drops on TON

    TON is becoming one of the top chains for NFT activity

    TON is becoming one of the top chains for NFT activity

    NFT market makes a modest comeback as Bitcoin hits $105k level

    NFT market makes a modest comeback as Bitcoin hits $105k level

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

  • Gaming
    Off The Grid active wallets hold steady ahead of Steam launch

    Off The Grid active wallets hold steady ahead of Steam launch

    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    Tencent exploring $15B Nexon acquisition, a gaming firm with Web3 investments

    My Neighbor Alice teases new Pudgy Penguins Web3 game

    My Neighbor Alice teases new Pudgy Penguins Web3 game

    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

    The Crypto Turmoil in the First Half of 2025 – Why It’s Still Worth Investing

    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

    My Neighbor Alice Unveils Cross-Chain NFT Integration with Pudgy Penguins

    Dogecoin Is About to Get a Flood of Games Via DogeOS and PlaysOut

    Dogecoin Is About to Get a Flood of Games Via DogeOS and PlaysOut

    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

    Building a Long-Term NFT Investment Thesis: Key Factors to Consider

    Everything You Need to Know About the Console and Crypto Plans

    Everything You Need to Know About the Console and Crypto Plans

    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

    How to Launch a Token-Gated Beta: Combine Discord, NFTs & In-Game Rewards

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    What Is Crypto Margin Trading? A Beginner-Friendly Guide to Leverage

    Types, Use Cases and Why They Matter

    Types, Use Cases and Why They Matter

    What’s the Real Difference for Beginners?

    What’s the Real Difference for Beginners?

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Ethereum

Ethereum – Here’s why $1.6K could be the altcoin’s next price target

April 1, 2025
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Ethereum – Here’s why $1.6K could be the altcoin’s next price target
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  • Ethereum seemed to have a bearish market structure on multiple timeframes
  • Bears have not slowed down their selling, and ETH could fall towards $1.6k next

Ethereum [ETH] has fallen by 11.8% over the past week, with technical analysis revealing that market bears have not weakened. In fact, ETH whale transfers to exchanges underlined the bearish market sentiment.

At the time of writing, ETH bulls were swimming against the tide, and the prospect of further losses was growing more likely.

Ethereum sinks below early March support

Ethereum 1-day Chart

Source: ETH/USDT on TradingView

Ethereum had a strongly bearish outlook on the 1-day timeframe. It was again below the 20-day moving average and has been for most of 2025. The moving averages showed the bearish momentum did not slow down either.

Neither did the selling pressure ease as ETH fell below the $2,000-psychological level. The OBV made lower highs and lower lows and made a new lower low on 30 March. This signified a downtrend in progress on the OBV, and steady selling pressure on Ethereum.

The $1,824 and $1,550 support levels from October-November 2023 would be the next price targets for ETH. Since it closed a 1-day trading session below $1,824, the bears would likely have control of the region.

Ethereum 4-hour Chart

Source: ETH/USDT on TradingView

The 4-hour chart showed that the $1,850 zone, which served as support in mid-March, is now acting as resistance. The market structure seemed to be bearish too. The rally towards $2,128 did not meet its target, but reversed at $2,100. The $1,950 higher low was not defended either.

See also  Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don't Aim Lower Than $4,900 ATH

The OBV, like it did on the 1-day chart, continued its steady downtrend. Hence, the price action on the daily and the 4-hour charts pointed to further losses for the leading altcoin.

Ethereum Liquidation Heatmap

Source: Coinglass

The liquidation heatmap outlined $2,150 as a magnetic zone that could pull prices higher. At the same time, the $1,760-$1,640 area emerged as a liquidity pocket much closer to the price. This meant Ethereum is likely to fall lower towards $1.6k in the coming days.

Given the price action and the market sentiment, more losses may be likely in the short-term. The long-term downtrend has not been halted either.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Previous: BERA’s liquidity inflow defies price plunge —Is a rally still possible?
Next: Quarter of S&P 500 firms to hold Bitcoin by 2030 – Treasury Execs’ warning!

READ ALSO

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

  • Ethereum seemed to have a bearish market structure on multiple timeframes
  • Bears have not slowed down their selling, and ETH could fall towards $1.6k next

Ethereum [ETH] has fallen by 11.8% over the past week, with technical analysis revealing that market bears have not weakened. In fact, ETH whale transfers to exchanges underlined the bearish market sentiment.

At the time of writing, ETH bulls were swimming against the tide, and the prospect of further losses was growing more likely.

See also  Russian authorities target rising home crypto mining operations

Ethereum sinks below early March support

Ethereum 1-day Chart

Source: ETH/USDT on TradingView

Ethereum had a strongly bearish outlook on the 1-day timeframe. It was again below the 20-day moving average and has been for most of 2025. The moving averages showed the bearish momentum did not slow down either.

Neither did the selling pressure ease as ETH fell below the $2,000-psychological level. The OBV made lower highs and lower lows and made a new lower low on 30 March. This signified a downtrend in progress on the OBV, and steady selling pressure on Ethereum.

The $1,824 and $1,550 support levels from October-November 2023 would be the next price targets for ETH. Since it closed a 1-day trading session below $1,824, the bears would likely have control of the region.

Ethereum 4-hour Chart

Source: ETH/USDT on TradingView

The 4-hour chart showed that the $1,850 zone, which served as support in mid-March, is now acting as resistance. The market structure seemed to be bearish too. The rally towards $2,128 did not meet its target, but reversed at $2,100. The $1,950 higher low was not defended either.

The OBV, like it did on the 1-day chart, continued its steady downtrend. Hence, the price action on the daily and the 4-hour charts pointed to further losses for the leading altcoin.

Ethereum Liquidation Heatmap

Source: Coinglass

The liquidation heatmap outlined $2,150 as a magnetic zone that could pull prices higher. At the same time, the $1,760-$1,640 area emerged as a liquidity pocket much closer to the price. This meant Ethereum is likely to fall lower towards $1.6k in the coming days.

See also  Ethereum (ETH) Bears in Control.

Given the price action and the market sentiment, more losses may be likely in the short-term. The long-term downtrend has not been halted either.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Previous: BERA’s liquidity inflow defies price plunge —Is a rally still possible?
Next: Quarter of S&P 500 firms to hold Bitcoin by 2030 – Treasury Execs’ warning!
Tags: 1.6KAltcoinsEthereumHeresPriceTarget

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EDITOR'S PICK

Iran & Arkansas – Is crypto mining under threat right now?

Iran & Arkansas – Is crypto mining under threat right now?

May 3, 2024
The Madeira, Lisbon, & Manchester NFTs

The Madeira, Lisbon, & Manchester NFTs

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Ethereum to $2.5K or $3K? What ETH price predictions suggest

February 16, 2024
Altcoin season? Ethereum, Solana shine as Bitcoin’s dominance shifts

Altcoin season? Ethereum, Solana shine as Bitcoin’s dominance shifts

August 19, 2024

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