Ethereum Price Analysis
The crypto market is showing signs of revival, with Ethereum's price rising 1.8% to $1,648.6 in 24 hours. Ethereum has been falling since December 2024, while Bitcoin reached $84,000.
Ethereum dropped almost 65% from its top of $4,000 to its current price.
Target Prices
Ethereum might reach $2,063 at the 0.236 Fibonacci level if the consolidation breaks apart. If buying pressure persists, $2,433 may hit the 0.382 Fib level.
If the present support fails, Ethereum will retest the April low at $1,465 or drop below $1,300, signaling a full 2023-2024 bull cycle retracement.
