Will ETH fall below $1,500 before the market recovers? Here’s the price pattern analysis (3/13/25)

Jakarta, Pintu News – The Ethereum market is currently at a critical juncture, with indications from the MVRV price band showing key support at $1,440 amid mounting bearish pressure. The coming days will determine whether Ethereum (ETH) can recover or continue its downward trend below $1,500.

Ethereum (ETH) Key Rate Analysis

The Market Value to Realized Value (MVRV) price band shows that Ethereum (ETH) has reached a crucial price threshold. Analyst Ali Martinez determined that the current Realized Price is $2,060. The next significant support point for Ethereum (ETH) price is at $1,440, if the price cannot hold above the $2,060 Realized Price threshold.

According to the MVRV price band, Ethereum’s (ETH) market strength shows a decline when the price is close to its lower deviation limit. This band signifies the price level that this top altcoin currency needs to cross to trigger a market recovery or extend its downtrend.

Also Read: Bitcoin and Stock Market Plummet, Arthur Hayes Asks Investors to Be Patient: Why is Crypto Red?

Large Transactions and Their Impact

Recently, crypto trading platform Amber Group moved a large amount of Ethereum (ETH), namely 20,000 ETH worth $37.34 million, to Binance, OKX, and Gate.io. This large transfer of Ethereum (ETH) raised concerns about the company’s intentions in moving ETH to exchanges during the market downturn.

Large transactions like this usually attract attention and can increase selling pressure. Market activity shows strong signals of large movements in ETH. The increased availability of ETH on exchanges during the trading period leads to a decrease in the market price.

Ethereum (ETH) Price Patterns and Predictions

Despite the bearish outlook, this top altcoin has formed a bullish diamond pattern signaling a potential breakout. This technical setup suggests that the asset is approaching a crucial moment, where a surge could occur if the resistance level is successfully broken. If buyers take control, Ethereum (ETH) may see accelerated upside momentum in the coming sessions.

Instead, the latest price predictions suggest that Ethereum (ETH) will continue to drop below $1,500, possibly reaching $1,250 if key support levels continue to break. Analyst Ali Martinez noted that Ethereum (ETH) slipped from a parallel channel, a technical pattern often associated with bearish price action.

Conclusion

Despite the bearish sentiment, Ethereum (ETH) price has shown resilience, holding near the $1,900 price level in the last 24 hours. Current price action suggests that the coin is struggling to reach $2,000, with the intraday low and high recorded at $1,842.15 and $1,961.80 respectively.

Also Read: Drastic 19% Drop in Solana Futures – Here’s Solana’s Technical Outlook in March 2025

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Will Ethereum Price Crash Below $1500 Before Market Rebound? Accessed on March 13, 2025
• Featured Image: Crypto News Australia