Ethereum’s 2024-2025 Price Analysis: Technical Indicators and Trends
- Crypto analyst Tony Severino compares Ethereum’s price action in 2024 and 2025 using technical indicators.
- Severino notes a lower high for ETH’s 2024 candle, while the 2025 candlestick shows a bearish engulfing pattern.
- The yearly support level is set at $735, with Parabolic SAR at $370.
- The TD Sequential count is on red 1, indicating a potential start of Ethereum’s first yearly downtrend.
- Ethereum recently fell below $2,000 but has since recovered to around $2,176.
Ethereum is experiencing a downtrend with significant technical indicators suggesting potential challenges ahead. Despite recent recovery above $2,000, concerns about its price trajectory persist as analysts highlight critical support levels and patterns.
Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-in-2024-vs-2025/?rand=52377
