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Here’s Why a Massive Ethereum Price Rally is Next – Crypto News

Published

10 months ago

April 15, 2025

Dripp

Despite being the second biggest cryptocurrency, Ethereum has witnessed the worst quarterly price performance of 5 years in Q1 2025. With continuous bears’ dominance and macroeconomic events putting downward pressure on the altcoin, it is down significantly. However, that might change as the ETH price chart shows a bullish sign.

Ethereum Price Up for Rally As Buying Signal Flashes

Ethereum’s downtrend resulted in the token’s crashing to a low of $1,400 earlier in the month. Experts have attributed this fall to investors’ bearish sentiments and the overall crypto market crash. However, the Ethereum price drop against Bitcoin to its lowest in years indicates underlying performance issues.

While the selling sentiments remain, a buy signal has formed in the ETH price chart, presenting the possibility of a rebound. According to the crypto analyst Ali Martinez’s X post, the TD sequential indicator is presenting Setup 9, i.e., an indicator of trend reversal.

ETH may be gearing up for a major rebound, with the TD Sequential flashing a buy signal on the weekly chart!

The “9” is historically proven to mark the end of the bearish trend and present buying opportunities. Moreover, the smaller body size of the candle suggests weakening selling pressure and traders opting to buy.

Besides, no major resistance near the chart exists, so a smooth uptrend can form unless any major macroeconomic event interferes.

Symmetrical Triangle Formation Supports Ethereum Price’s Bullish Outlook

With a 3% recovery over the week, Ethereum currently trades at $1,639.91 with a market capitalization of $197.88B. Although the recovery is slow, the token moves in a symmetrical triangle formation, simultaneously opening the possibility of an uptrend or a downtrend.

If the ETH price moves up, it could rally to $1,900, but a downside move could result in a crash to $1,380. Although uncertainty remains amid Trump’s tariff trade war, the long-term bullish Ethereum price prediction is sustained.

ETH price

Considering the same, a crypto whale has just opened a $12.6M ETH Long with 5x leverage, influencing investors’ sentiments.

Frequently Asked Questions (FAQs)

Persistent berish investor sentiments, broader crypto market crash, and macroeconomic events drive the poor performance of Ethereum.

After a 3% recovery during the week, Ethereum currently trades at $1,639.91 but could hit $1,900 with the confirmation of bullish momentum.

The ETH price chart shows that investors’ buying interest is rising and selling sentiments are declining. Even whales are placing long leverage, showcasing rising confidence in the altcoin.