Ethereum Technical Analysis: 25 MAR 2025
Ethereum is on the brink of a stronger move. Source: TradingView
General View
Ethereum has been in a recovery phase after consolidating at key support levels. The price managed to break above a previous consolidation range, confirming short-term bullish momentum. However, the rally is facing resistance at intra-day levels, and the 50 EMA on the higher timeframe remains a key hurdle. Bulls must establish control above this dynamic resistance to sustain the recovery. If price manages to reclaim this level, further upside towards the supply zone around $2300 remains possible.
On The Upside
Immediate resistance is seen at the $2070 level followed by $2127. Both these are the session’s intra-day resistances. Ethereum needs to find acceptance above these levels to follow a stronger push towards the supply zone at $2280-$2300 levels. However, for this to materialize, Ethereum must establish a clear dominance above the EMA-50 which is currently at the $2100 level.
On The Downside
Failure to break above the 50 EMA continuously could trigger renewed selling pressure for Ethereum, with $2040 acting as the first support level. Below this, an important liquidity zone exists at $1940, which also aligns with prior consolidation support. Losing $2040 is likely to open $1995 and $1940 next.
Ethereum getting knocked back by the EMA-50. Source: TradingView
