Ethereum may be nearing a major inflection point, according to market analyst Ali Martinez (@alicharts on X), who argues that a confluence of technical structure and on-chain valuation data is beginning to tilt the setup back in bulls’ favor. In a post on X, Martinez said Ethereum is showing signs of a “major structural shift,” pointing to a multi-year ascending triangle on the weekly chart, a recent test of support near $1,800, and a historically significant drop in the MVRV ratio. Taken together, the message was clear: the recent weakness may have looked less like a breakdown and more like a reset inside a larger bullish structure. Ethereum’s Path To $10,000? Martinez framed the chart setup as the backbone of the thesis. “From a technical standpoint, ETH continues to trade within a well-defined ascending triangle on the weekly chart,” he wrote. “The recent move toward $1,800 served as a critical reaction point, aligning with the rising trendline of this multi-year structure.” In other words, the analyst is not treating the bounce as an isolated event. The relevance comes from where it happened: directly at a level he views as structurally important in the context of a long-duration pattern. Related Reading: Ethereum Investor Druckenmiller Predicts Stablecoin-Led Payment Systems That technical argument was paired with an on-chain signal Martinez described as even more consequential. He said Ethereum’s MVRV ratio recently fell below 0.8, a threshold he characterized as a rare valuation reset. “Historically, this is a ‘Generational Buy’ zone. We saw similar resets before the major bull rallies of the past,” he wrote. “The fact that this on-chain reset happened exactly as price tested the triangle’s support adds massive weight to the bullish thesis.” The logic of the call rests on that overlap. A chart support test on its own can invite skepticism, especially after prolonged weakness. But Martinez’ argument is that Ethereum is not only holding a key structural zone; it is doing so while on-chain data suggests the asset has entered an area associated with deep undervaluation in previous cycles. That does not guarantee a trend reversal, but it does sharpen the significance of the current range. Related Reading: Tom Lee Says Ethereum Looks Ready To Exit Crypto Winter He also pointed to a momentum shift on lower timeframes. According to Martinez, the daily Supertrend indicator has now turned green for the first time since May of last year, suggesting the long stretch of consolidation may be giving way to a new directional move. In his telling, the market is moving out of a “sideways grind” and beginning to rebuild upward momentum. From there, Martinez laid out the price levels that could define whether the thesis holds. He identified $2,356 as the first major level Ethereum needs to reclaim, followed by $2,647 and $3,639 as mid-term breakout targets. Beyond that, he marked $4,632 and $5,624 as longer-term expansion zones. The larger prize, however, sits further out. “A sustained move above $2,356 would be our first confirmation that ETH is moving out of ‘accumulation’ and into a true bull market expansion,” he wrote. “If it can clear the previous all-time high region near $4,900, the door opens for a move toward $10,000, as it will signal a breakout of the ascending triangle.” For now, the thesis remains conditional rather than complete. Martinez described the $2,000 to $1,800 range as a “prime accumulation zone,” while adding that the bull market is not “guaranteed” yet. That caveat matters. His case for a durable bottom depends on Ethereum holding the $1,800 floor and then reclaiming higher resistance levels in sequence. If that happens, the current setup could be remembered as an early-stage reaccumulation phase rather than just another bounce inside a broader range. At press time, ETH traded at $2,054. Featured image created with DALL.E, chart from TradingView.com
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U.S. President Donald Trump’s 48-hour ultimatum on the Strait of Hormuz is about to expire, keeping global markets on high alert. Following this, gold and silver together lost nearly $2 trillion in value. The crypto market also took a hit, dropping $412 million in the last 24 hours, with Bitcoin alone seeing $121 million in …
An early Ethereum investor has moved 15,002 ETH worth about $31 million to Coinbase after years of inactivity. The transfer comes as Ethereum trades near $2,000, down 3.5% in 24 hours, sparking concerns that a long-term holder may be preparing to take profits. Meanwhile, well-known chart analyst Ali Chart predicts the Ethereum price to retest …
Dogecoin is back at a level where past cycles have flipped from decline to explosive rallies, but will this time be different? As DOGE drifts toward a critical support zone, whales are quietly accumulating hundreds of millions of tokens, creating a rare divergence between price weakness and smart money positioning. The setup is tightening, and …
Algorand is moving through a crucial phase, with internal changes, strategy shifts, and weak market performance happening at the same time. While recent steps hint at a new direction, uncertainty still surrounds how things will play out. Inside Shake-Up: Leadership Exit and Layoffs As per the community update, the Algo Foundation has moved its base …
From March 16 to March 20, Bitcoin spot ETFs continued to attract investor money, reporting $95.18 million in net inflows and extending their positive run to four straight weeks. Ethereum spot ETFs, however, experienced 59.94 million dollars in net outflows, signaling reduced investor appetite for ETH exposure. At the same time, SOL spot ETFs posted …
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The Bitcoin price broke below $70,000 over the weekend, effectively erasing the gains from the previous week. This move puts the cryptocurrency in a perilous position as the bulls are now hard-pressed to find another major support or risk the decline going deeper from here. According to one analyst, Bitcoin bulls will have to reclaim and hold $69,000 with momentum in order to trigger another recovery trend. Why Bitcoin Bulls Must Hold $69,000 According to crypto analyst Tealstreet, the bulls will need to defend $69,000 to prevent the Bitcoin price from falling lower. The reason for this is the fact that the Bitcoin price has a chance of pushing upwards to the $73,000-$74,000 levels if this support is maintained. Following this, there is still the possibility of a final push toward $76,000-$77,000. Related Reading: Why The XRP Supply In The Billions Is Not A Problem On the flip side, there is a lot of bearish action to be seen if the bulls lose $69,000. This bearish move would trigger an at least 5% decline, with the crypto analyst putting the target somewhere between $64,000 and $66,000. While this decline may not exactly be as impactful as previous sharp declines, it could end up being negative for altcoins, which are already suffering. By Sunday, the Bitcoin price broke below $69,000, but the bulls were able to maintain the $68,000 level, holding quite close to the target. Nevertheless, this means that the bulls are now in a tight spot with the need to reclaim $69,000 or watch the trend play out. BTC Still Stuck In A Corrective Phase Another crypto analyst, HAMED_AZ, also published a post in support of the current Bitcoin bearishness, saying that the digital asset has actually entered a corrective phase. Due to this, the Bitcoin price is expected to move lower after an initial push toward the top of the ascending channel. Related Reading: The Bear Market Divergence That Shows What’s Really Going On With Bitcoin If the price is unable to break the resistance at the top of the channel, then the downtrend will continue, leading to an over 10% decline. This move will most likely send the Bitcoin price crashing below $60,000 for the first time in over a year. Alternatively, if the price is able to successfully test and break out of the channel resistance with momentum, then the downtrend could be broken completely. This scenario would lead to a push toward $80,000 and likely kickstart the next run. Featured image from Dall.E, chart from TradingView.com
Binance founder Changpeng Zhao stated that Bitcoin’s limited supply of 21 million coins gives it qualities similar to gold and real estate, particularly during periods of inflation. He contrasted this with fiat currencies, which central banks can expand during economic uncertainty. His remarks came as the US Federal Reserve kept interest rates unchanged amid inflation …
The crypto market moved lower in the short term, led by Bitcoin, after it broke below a key support level. This decline follows geopolitical tensions linked to U.S. President Donald Trump and Iran. Reports suggested a warning of possible military action within 48 hours, which created uncertainty across global markets. Within minutes of the news, …
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Gold prices have fallen sharply to about $4,340, making this the largest weekly drop in over 40 years. This comes even as the conflict between the US, Israel, and Iran enters its fifth week, At the same time, the crypto market is also down by 1.6%. Meanwhile, flagship cryptocurrency Bitcoin has slipped from $76,000 to …
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Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $90 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $85 or $80. Solana Price Revisits $85 Solana price failed to remain stable above $92 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $90 and $88 support levels. The price gained bearish momentum below $87.20. A low was formed at $85.10, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $90.81 swing high to the $85.10 low. Solana is now trading below $88 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair. The next major resistance is near the $88.60 level or the 61.8% Fib retracement level of the downward move from the $90.81 swing high to the $85.10 low. The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $88 resistance, it could continue to move down. Initial support on the downside is near the $85 zone. The first major support is near the $82 level. A break below the $82 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $74 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $85 and $80. Major Resistance Levels – $88 and $90.
Traders are watching the $1.38–$1.40 zone after repeated failures to reclaim resistance.
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XRP price extended losses and traded below $1.420. The price is now consolidating losses but faces hurdles near $1.4150 and $1.420. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $1.4120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.420. XRP Price Extends Losses XRP price failed to stay above $1.4350 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.420 and $1.40 to enter a short-term bearish zone. The price even extended losses below $1.3850. A low was formed at $1.3713, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4820 swing high to the $1.3713 low. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3980 level. The first major resistance is near the $1.4120 level. There is also a major bearish trend line forming with resistance at $1.4120 on the hourly chart of the XRP/USD pair. The main resistance could be $1.4250 or the 50% Fib retracement level of the downward move from the $1.4820 swing high to the $1.3713 low. A close above $1.4250 could send the price to $1.440. The next hurdle sits at $1.4560. A clear move above the $1.4560 resistance might send the price toward the $1.4820 resistance. Any more gains might send the price toward the $1.50 resistance. The next major hurdle for the bulls might be near $1.5120. Another Decline? If XRP fails to clear the $1.4120 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.380 level. The next major support is near the $1.3750 level. If there is a downside break and a close below the $1.3750 level, the price might continue to decline toward $1.3620. The next major support sits near the $1.350 zone, below which the price could continue lower toward $1.3350. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.3800 and $1.3750. Major Resistance Levels – $1.4120 and $1.4250.
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Ethereum price started a sharp decline below the $2,220 zone. ETH is now consolidating above $2,020 and might aim for a recovery wave if it climbs above $2,110. Ethereum started a sharp decline below the $2,200 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance at $2,120 and $2,165 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,165 resistance. Ethereum Price Turns Red Ethereum price failed to stay above $2,220 and started a fresh decline, like Bitcoin. ETH price declined below $2,150 and $2,120 to enter a short-term bearish zone. The price even spiked below $2,050. A low was formed at $2,025, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. There are also two bearish trend lines forming with resistance at $2,120 and $2,165 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,100 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,025, the price could attempt another increase. Immediate resistance is seen near the $2,080 level. The first key resistance is near the $2,120 level or the 100-hourly Simple Moving Average. The next major resistance is near the $2,165 level and the second trend line. A clear move above the $2,165 resistance might send the price toward the $2,200 resistance or the 50% Fib retracement level of the downward move from the $2,385 swing high to the $2,025 low. An upside break above the $2,200 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,300 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,120 resistance, it could start a fresh decline. Initial support on the downside is near the $2,040 level. The first major support sits near the $2,025 zone. A clear move below the $2,025 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,965 region. The main support could be $1,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,025 Major Resistance Level – $2,120