Key Insights:
- Ethereum is in a falling wedge, a bullish reversal pattern.
- Market analyst says ETH is in a manipulation phase.
- A breakout above resistance could push ETH toward $3,600.
The Ethereum price experienced delayed first-quarter growth in 2025 as it dropped below its fundamental support points. According to the analysis the developing falling wedge chart pattern suggests upcoming bullish market behavior. Market analysts predict Ethereum will surpass the $3,600 target if the price follows the bullish pattern.
Ethereum Price Falling Wedge Pattern and Key Price Levels
Looking at Ethereum price chart, we see a falling wedge pattern, which is a pattern where Ethereum is forming lower highs and lower lows in a narrowing range. A technical formation that is often viewed as a trend reversal signal.
Currently, ETH is trading around $1,869, with critical support levels between $1,750 and $1,800. The upper boundary of the wedge presents an opportunity for Ethereum to rise up toward $2,400 based on analysis.
A continued upward trajectory could set the next price target at $3,600. A failed breakout will likely lead Ethereum to revisit price areas between $1,600 and $1,800 before it can potentially start recovering.
Historical Trends and Market Cycles
The crypto analyst CryptooELITES has identified three consecutive months of green Ethereum performances in Q1 for both 2013 and 2017. The Q1 2025 shows different trends because Ethereum has experienced a descending movement. Some analysts doubt that ETH’s price increase will occur in March and suspect it might continue throughout April and May.
Furthermore, market analyst TedPillows also adds that since Ethereum breaks below the $2,000 support, it is now in a manipulation phase. The analyst adds that ETH may revisit $1,600–$1,800 before a recovery.
Following his chart analysis after accumulation and manipulation, there’s a possibility of an expansion phase where Ethereum can accelerate to reach a price of between $4,000–$5,000.
Indicators Suggest Potential Reversal
Multiple indicators from technical analysis reveal that ETH may experience an upward price movement. At the current point, the Relative Strength Index (RSI) shows 30.33 which puts it near the threshold of oversold conditions. ETH may reach its bottom phase due to lower RSI values which indicate that selling pressure begins to weaken.
The Cumulative Volume Delta indicator reveals ongoing selling pressure because its recorded value stands at -66.12K. The indication of positive CVD values would signal growing buying momentum within the market.
Ethereum Market Outlook for Q2 2025
Market observers will track Ethereum’s future price movement since the conclusion of Q1 2025 approaches. Next price targets at $2,400 and potentially $3,600 would become next if Ethereum succeeds in breaking through its falling wedge resistance. ETH failing to sustain its essential support zones may lead to a drop-down to $1,600.
Traders are monitoring the market for signs of recovery as past trends indicate Ethereum price could recover during Q2. However, the current market trend movements will determine whether the asset gains new momentum or whether a recovery will be delayed.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.