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news-imageMarch 18, 2025

Ethereum price in ‘cursed' downtrend which could continue well into 2025 — Analyst

Ethereum's native token, Ether (ETH), has ventured into oversold territory multiple times against Bitcoin (BTC) in recent months, but the altcoin has yet to show any signs of finding a price bottom. The trading situation is actually quite similar to a previous scenario, and ETH's market structure suggests that it could repeat itself in Q2 to Q3 of this year.Ether's repeat breakdowns point to more downside The relative strength index (RSI) on ETH's 3-day timeframe remains below 30, a level that typically signals a potential bounce.
Publisher: Cointelegraph
Sentiment: Negative
ETH

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