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Market Cap$ 2.79T+0.88%
24h Spot Volume$ 32.24B-9.50%
DominanceBTC60.09%-0.17%ETH6.87%+0.42%
ETH Gas0.51 Gwei
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MainNewsSantiment: E...

Santiment: Ethereum Is Good Buy in 2025


Apr, 11, 2025
3 min read
by Parth Dubey
for Coinspeaker
Santiment: Ethereum Is Good Buy in 2025

Coinspeaker
Santiment: Ethereum Is Good Buy in 2025

Ethereum ETH $1 549 24h volatility: 2.6% Market cap: $186.93 B Vol. 24h: $20.44 B has recently been facing a challenging time, losing $62 billion in market cap over just 15 days. The ETH/BTC ratio has dropped 77% since December 2021, signaling a severely poor performance against Bitcoin BTC $81 482 24h volatility: 0.1% Market cap: $1.62 T Vol. 24h: $43.78 B .

Despite this, many analysts argue that this very pessimism might be the start of a major reversal.

According to market intelligence platform Santiment, Ethereum’s growing bearishness among investors could result in a bullish outlook for the cryptocurrency. It explained that markets generally tend to move in the opposite direction of public sentiment.

Santiment also laid out the multi-pronged reasons behind Ethereum’s sluggish run: competition from fast-rising Layer-2 solutions, developer delays, high transaction costs, inconsistent narratives around its use case, and intense regulatory scrutiny.

Notably, Standard Chartered recently suggested that XRP XRP $2.00 24h volatility: 0.8% Market cap: $116.73 B Vol. 24h: $3.53 B could surpass Ethereum in market cap by the end of the year — a claim that would have seemed unthinkable just a year ago.

On top of that, large-scale token sell-offs by long-time holders have added constant pressure to ETH’s price. As per the data by LookOnChain, an “Ethereum OG” recently sold nearly 8,000 ETH (worth $11.8 million) after being inactive for three years.

Ethereum (ETH) Price Outlook

At the time of writing, Ether is trading around $1,549, down roughly 4% in the past 24 hours. Just days ago, it touched a two-year low of $1,385.

On the daily ETH price chart, the RSI sits near 36, indicating oversold conditions. This indicates that traders could see a possible bounce in the near-term.

Ethereum price RSI, Bollinger Bands indicators | Source: Trading View

Bollinger Bands show price sitting near the lower band, suggesting an opportunity for mean reversion. If the price manages to surge and break above the middle band (20-day SMA) around $1,800, ETH could confirm a potential trend reversal.

However, the MACD remains in bearish territory, with the signal line above the MACD line and red bars extending on the histogram. Buyers have stepped in near $14,50 in April, making it a key short-term support level.

Ethereum price MACD indicator | Source: Trading View

Crypto analyst Ali Martinez also pointed out that ETH is approaching a historic support zone that has previously marked cycle bottoms.

According to Martinez, this could be a major buying opportunity for investors. If Ethereum holds its current levels, a relief rally could emerge.

Santiment: Ethereum Is Good Buy in 2025

Read the article at Coinspeaker

Read More

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MainNewsSantiment: E...

Santiment: Ethereum Is Good Buy in 2025


Apr, 11, 2025
3 min read
by Parth Dubey
for Coinspeaker
Santiment: Ethereum Is Good Buy in 2025

Coinspeaker
Santiment: Ethereum Is Good Buy in 2025

Ethereum ETH $1 549 24h volatility: 2.6% Market cap: $186.93 B Vol. 24h: $20.44 B has recently been facing a challenging time, losing $62 billion in market cap over just 15 days. The ETH/BTC ratio has dropped 77% since December 2021, signaling a severely poor performance against Bitcoin BTC $81 482 24h volatility: 0.1% Market cap: $1.62 T Vol. 24h: $43.78 B .

Despite this, many analysts argue that this very pessimism might be the start of a major reversal.

According to market intelligence platform Santiment, Ethereum’s growing bearishness among investors could result in a bullish outlook for the cryptocurrency. It explained that markets generally tend to move in the opposite direction of public sentiment.

Santiment also laid out the multi-pronged reasons behind Ethereum’s sluggish run: competition from fast-rising Layer-2 solutions, developer delays, high transaction costs, inconsistent narratives around its use case, and intense regulatory scrutiny.

Notably, Standard Chartered recently suggested that XRP XRP $2.00 24h volatility: 0.8% Market cap: $116.73 B Vol. 24h: $3.53 B could surpass Ethereum in market cap by the end of the year — a claim that would have seemed unthinkable just a year ago.

On top of that, large-scale token sell-offs by long-time holders have added constant pressure to ETH’s price. As per the data by LookOnChain, an “Ethereum OG” recently sold nearly 8,000 ETH (worth $11.8 million) after being inactive for three years.

Ethereum (ETH) Price Outlook

At the time of writing, Ether is trading around $1,549, down roughly 4% in the past 24 hours. Just days ago, it touched a two-year low of $1,385.

On the daily ETH price chart, the RSI sits near 36, indicating oversold conditions. This indicates that traders could see a possible bounce in the near-term.

Ethereum price RSI, Bollinger Bands indicators | Source: Trading View

Bollinger Bands show price sitting near the lower band, suggesting an opportunity for mean reversion. If the price manages to surge and break above the middle band (20-day SMA) around $1,800, ETH could confirm a potential trend reversal.

However, the MACD remains in bearish territory, with the signal line above the MACD line and red bars extending on the histogram. Buyers have stepped in near $14,50 in April, making it a key short-term support level.

Ethereum price MACD indicator | Source: Trading View

Crypto analyst Ali Martinez also pointed out that ETH is approaching a historic support zone that has previously marked cycle bottoms.

According to Martinez, this could be a major buying opportunity for investors. If Ethereum holds its current levels, a relief rally could emerge.

Santiment: Ethereum Is Good Buy in 2025

Read the article at Coinspeaker

Read More

Bitcoin Outshines Altcoins in Q1 2025 Market Slump, Coingecko Study Finds

Bitcoin Outshines Altcoins in Q1 2025 Market Slump, Coingecko Study Finds

The cryptocurrency market capitalization dropped 18.6% to $2.8 trillion in Q1 2025, w...
Apr, 18, 2025
by Bitcoin News
Visa Dethroned: Stablecoins Settle $27.6 Trillion — Ethereum’s Big Win?

Visa Dethroned: Stablecoins Settle $27.6 Trillion — Ethereum’s Big Win?

Stablecoins settled $27.6 trillion on-chain in Q1 2025—more than double Visa’s annual...
Apr, 18, 2025
4 min read
by Cryptonews