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Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details

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Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details - NewsBTC

Quick Summary:

Key Resistance Levels Remain Untouched Ethereum is currently trading at $1,840, continuing to show weakness after failing to reclaim the 4-hour 200 moving average (MA) and exponential moving average (EMA), both sitting near the $2,100 level.

Top analyst Big Cheds recently shared a technical analysis showing Ethereum is now trading at $1,840 — a staggering drop from its $3,400 level earlier this year.

A sustained downtrend in ETH doesn’t just impact its own holders but also influences the broader altcoin market and DeFi sectors that rely on Ethereum’s price strength for momentum.

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Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details - NewsBTC (Picture 1)Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 12:00:41 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 672 words

Reading Time: 4 minutes read

Sentences: 72 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27438426

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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  • URL: https://chronographically.beamstart.com/news/ethereum-analyst-eyes-1200-1300-17433377257525

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