BREAKING: Trump’s Crypto Remarks! How Will It Impact Ethereum’s Price Prediction and Open Interest?

Donald Trump’s crypto remarks have sparked optimism in the market, but what does it mean for Ethereum’s price prediction and open interest? The price movement of Ethereum has shifted cautiously because the market remains focused on interpreting Donald Trump’s pro-crypto remarks during his recent speech. During his statements Trump expressed support for America leading its cryptocurrency sector thus encouraging investor confidence. Ethereum’s bullish trend has become unstable and traders focus on identifying reversal points near the essential $1,850 barrier.

derivatives trading activity. Ethereum open interest fell by 27% to $23.36B following the recent market downturn, indicating a decline in market activity and trader sentiment. The upcoming movement of Ethereum relies on essential support and resistance areas that we must examine through current chart analysis.

Ethereum Price Prediction: Will Trump’s Endorsement Lead to a Breakout?

Analyzed by Triparna Baishnab, published on TradingView (March 22, 2025)

The Ethereum/US Dollar price on Binance shows major structural changes on its 5-minute chart which enables scientists to create accurate short-term Ethereum price projections. Ethereum maintained a declining price movement by generating lower high and lower low patterns that centered on the essential support level at $1,960. undler provided decisive confirmation that $1,985 served as a higher high while the price closed as an immediate breach of the descending trendline below $1,960. A complete bullish trend conversion occurred when Ethereum validated its price action above $1,965 while showing upward momentum.

Price Prediction and Open Interest? appeared#TrumpNFT #Trump2024 #TrumpCrypto #Trump2024 #TrumpNFTCollection