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Ethereum Breakdown: Analyst Eyes $1,200 Price Target

NewsBTC LogoNewsBTC2d ago

Ethereum Breakdown: Analyst Eyes $1,200 Price Target - NewsBTC

Quick Summary:

Following a period of intense price consolidation, the Ethereum (ETH) market experienced an eventful trading week that featured a damning rejection at the $2,100 price level which has emerged as a major resistance zone in recent times.

Related Reading: XRP Price Eyes 20%v Move With Golden Pocket Appearance Ethereum Market Outlook Beyond technical indicators, the Ethereum market is being strongly influenced by Bitcoin’s market uncertainty and general macroeconomic factors.

While the inauguration of US President Donald Trump marked a positive shift in US crypto policy as evidenced by the creation of the US Digital Stockpile Reserve among others, other administrative decisions on tariffs and international trade have negatively impacted the crypto market prices with investors selling their holdings in high-risk assets in fear of a global trade war.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 08:00:04 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 27397544

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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The story "Ethereum Breakdown: Analyst Eyes $1,200 Price Target" has 431 words across 65 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Ethereum Breakdown: Analyst Eyes $1,200 Price Target" was covered 2 days ago by NewsBTC, a news publisher based in United Kingdom.

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It's most recent story was published 10 hours ago.

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  • News ID: #27397544
  • URL: https://chronographically.beamstart.com/news/ethereum-breakdown-analyst-eyes-1200-1743241785155

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