After integrating for a week, Ethereum, the world’s second largest cryptocurrency in the world, is preparing for a large -scale increase. On March 18, 2025, the entire Cryptocurrency market began to see the price surge once again. Among them, ETH has reached the upper limit of integration and is on the verge of escape.
Ether Leeum (ETH) technology analysis and upcoming level
According to expertise analysis, ETH has been integrated last week in a strict range between $ 1,840 and $ 1,955. However, as the price has soared throughout the cryptographic market today, assets have reached the upper limit of this range, and now it is a few points beyond the brake out.
Based on the recent price behavior and historical propulsion, if ETH violates more than $ 1,960 and closes the candle every day, there is a possibility that it can reach $ 2,200 in the future.
In recent years, the ETH has dropped significantly over the price drops, and it is traded below 200 EMA (E) index moving average (EMA) for a daily period, indicating that assets are in a decline.
Optimistic chain indicator
According to On-Chain Analytics Firm CoingLass, ETH looks strong while betting strongly in Long despite the decline.
A long position worth $ 480 million
According to the data, the trader is currently $ 1,880, with excessive over -ties and has built a long position worth $ 480 million. Meanwhile, $ 1,970 is another excessive level, and merchants build a short ETH short position worth $ 140 million to clearly indicate the optimistic prospects between merchants.
ETH leak worth $ 50 million
According to CoingLass, a whole chain analysis company, in addition to the prospect of merchants, investors and long -term holders seem to be optimistic in the long run because they seem to accumulate assets and use the recent price drops.
According to the data of the spot inflow/leakage, the exchange has experienced almost $ 50 million in ETH leaks for the last 48 hours, showing potential accumulation and giving an ideal example of a “deep purchase” opportunity.
Current price momentum
ETH is currently trading for $ 1,950 and has registered 5% increase in the last 24 hours. However, due to the optimistic outlook during the same period, the volume of transactions increased by 30% due to significant participation of traders and investors.