Will Ethereum End March in Green? Just 6% Away from a Bullish Close!
Can ETH Price Reclaim $2,200 Before April?
Ethereum (ETH) is showing signs of a potential rebound after forming a strong base above $1,850. Following Bitcoin’s lead, ETH cleared important resistance levels and briefly surpassed $2,100 before facing a pullback. As traders assess the next move, let’s break down the key levels and potential scenarios for Ethereum’s price action.
Ethereum’s Recent Price Movement
Ethereum recently climbed above $1,920 and $1,950, breaking past the crucial $2,000 level. The price reached a high of $2,104 before facing resistance and correcting lower. ETH dropped below $2,080 and the 23.6% Fibonacci retracement level but is still holding above $2,020 and the 100-hour Simple Moving Average (SMA).
A bullish trendline is forming with support at $2,000, suggesting ETH could maintain its momentum if buyers step in.
Read Ethereum Price Prediction 2025, 2026 - 2030
Resistance Levels to Watch
Ethereum faces immediate resistance near $2,080 and $2,100. If the price clears these levels, the next major resistance is at $2,120. A breakout above this zone could push ETH toward $2,200 and possibly $2,250 in the near term.
Crypto analysts suggest that a decisive move above the $2,250–$2,610 range could trigger a stronger bullish trend, negating the recent bearish outlook.
Downside Risks and Support Levels
If Ethereum fails to break $2,100, another decline is possible. The first support level is around $2,040, followed by stronger support near $2,025, which aligns with the 61.8% Fibonacci retracement level.
A drop below $2,025 could send ETH back to $2,000. Further losses might push the price toward $1,950, with a crucial support zone between $1,886 and $1,944. Analysts highlight that this zone is significant, as over 3 million investors bought 6.12 million ETH in this range.
Also Read: Bitcoin Cash Price Prediction 2025, 2026 – 2030: Will BCH Hit $1000?
Can Ethereum Reclaim a Bullish Trend?
Despite ETH’s struggles in early 2025, historical data suggests that the second quarter tends to be more bullish. If Ethereum reclaims its Macro Range lows, it could recover toward its previous highs in the coming months.
Analysts believe a breakout above $2,200 could mark the beginning of an expansion phase, potentially signaling the end of the current bearish cycle. If ETH follows its historical patterns, this could lead to a stronger recovery in Q2.
For now, Ethereum remains at a critical juncture, with $2,100 acting as the key resistance level. A breakout or rejection at this level will determine the next major move for ETH.