ETH: Hits Lowest Level Since April 2025 After 30% Drop
ETH at $1668.36 after -30% monthly decline, lowest since April 2025, with bearish EMA50 at $1898.52 and RSI oversold at 20.99 on 4h chart.
SourceAnalysis
ETH extends its decline to -30% over the last month and trades at the lowest level since April 2025, now sitting at $1668.36. Price action shows a clear bearish trend with EMA50 at $1898.52 and EMA200 at $2098.29 acting as firm resistance overhead while the MACD death cross at -74.2 confirms sustained downside momentum. On the 4h chart, ETH trades inside the Bollinger Bands near lower support at $1635.44 with RSI at 20.99 flashing oversold conditions that often precede short-term bounces before the next leg lower. Traders watching ETH price prediction models now focus on whether a relief rally can reach the upper band at $1976.43 or if fresh selling pressure accelerates a crypto market crash scenario.
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