Ethereum displays a price decline from over $3,400 to critical support near $2,150, attracting buyers. An overview of charts and technical indicators shows current resistance levels and trading activity.
Price Movement Chart
Ethereum’s daily chart from mid-2024 to early March 2025 records a drop from peaks above $3,400 to a recent low near $2,150. Key support levels are indicated that guide recent price action.
Analysts Insight and Key Levels
A recent tweet from crypto analyst Ali Martinez notes Ethereum testing the lower boundary of a parallel channel. Reclaiming $2,350 could move ETH toward a range between $3,000 and $4,000. Several market observers acknowledge these technical levels.
Technical Indicators and Market Data
At the time of writing, ETH was trading around $2,195. A horizontal support line near $2,100 to $2,150 has served as a price floor. Intermediate resistance is set near $2,500, with historical resistance between $3,000 and $3,400. Bollinger Bands indicate recent volatility as prices reached the lower band. RSI readings near 35–36 reflect current market momentum. Trading volume recently reached about $25.4 billion, with ETH price increasing by 3.15% over the past 24 hours.
Ethereum faces key technical levels amid significant price fluctuations. Current support and resistance parameters may become focal points for future strategies and market analysis.
