• bitcoinBitcoin (BTC) $ 107,804.00
  • ethereumEthereum (ETH) $ 2,534.61
  • tetherTether (USDT) $ 0.999974
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 658.99
  • solanaSolana (SOL) $ 148.38
  • usd-coinUSDC (USDC) $ 0.999908
  • tronTRON (TRX) $ 0.286990
  • dogecoinDogecoin (DOGE) $ 0.167502
  • staked-etherLido Staked Ether (STETH) $ 2,534.29
  • cardanoCardano (ADA) $ 0.575317
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 107,649.00
  • hyperliquidHyperliquid (HYPE) $ 37.40
  • wrapped-stethWrapped stETH (WSTETH) $ 3,063.63
  • bitcoin-cashBitcoin Cash (BCH) $ 496.55
  • suiSui (SUI) $ 2.84
  • chainlinkChainlink (LINK) $ 13.21
  • leo-tokenLEO Token (LEO) $ 9.05
  • stellarStellar (XLM) $ 0.247347
  • avalanche-2Avalanche (AVAX) $ 17.73
  • usdsUSDS (USDS) $ 0.999835
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,715.48
  • the-open-networkToncoin (TON) $ 2.75
  • wethWETH (WETH) $ 2,534.50
  • hedera-hashgraphHedera (HBAR) $ 0.155515
  • litecoinLitecoin (LTC) $ 85.95
  • whitebitWhiteBIT Coin (WBT) $ 44.93
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999767
  • moneroMonero (XMR) $ 316.57
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 107,837.00
  • ethena-usdeEthena USDe (USDE) $ 0.999648
  • polkadotPolkadot (DOT) $ 3.34
  • bitget-tokenBitget Token (BGB) $ 4.28
  • uniswapUniswap (UNI) $ 7.33
  • aaveAave (AAVE) $ 279.56
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 0.999937
  • pi-networkPi Network (PI) $ 0.454203
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.04
  • bittensorBittensor (TAO) $ 317.18
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.36
  • jito-staked-solJito Staked SOL (JITOSOL) $ 180.27
  • nearNEAR Protocol (NEAR) $ 2.13
  • internet-computerInternet Computer (ICP) $ 4.71
  • ethereum-classicEthereum Classic (ETC) $ 16.40
  • crypto-com-chainCronos (CRO) $ 0.080139
  • ondo-financeOndo (ONDO) $ 0.772498
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999605
  • kaspaKaspa (KAS) $ 0.074466
  • fasttokenFasttoken (FTN) $ 4.45
  • mantleMantle (MNT) $ 0.558060
  • gatechain-tokenGate (GT) $ 15.45
  • cosmosCosmos Hub (ATOM) $ 4.00
  • vechainVeChain (VET) $ 0.020270
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.665558
  • bonkBonk (BONK) $ 0.000022
  • official-trumpOfficial Trump (TRUMP) $ 8.49
  • skySky (SKY) $ 0.078208
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184561
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 107,608.00
  • render-tokenRender (RENDER) $ 3.11
  • ethenaEthena (ENA) $ 0.253606
  • arbitrumArbitrum (ARB) $ 0.323738
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,533.42
  • filecoinFilecoin (FIL) $ 2.24
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.47
  • algorandAlgorand (ALGO) $ 0.173198
  • worldcoin-wldWorldcoin (WLD) $ 0.861120
  • usdtbUSDtb (USDTB) $ 0.999805
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998009
  • kucoin-sharesKuCoin (KCS) $ 11.03
  • sei-networkSei (SEI) $ 0.250986
  • binance-staked-solBinance Staked SOL (BNSOL) $ 157.44
  • usdt0USDT0 (USDT0) $ 0.999895
  • jupiter-exchange-solanaJupiter (JUP) $ 0.429907
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,657.01
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,888.83
  • spx6900SPX6900 (SPX) $ 1.23
  • flare-networksFlare (FLR) $ 0.016115
  • celestiaCelestia (TIA) $ 1.55
  • fartcoinFartcoin (FARTCOIN) $ 1.07
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999913
  • xdce-crowd-saleXDC Network (XDC) $ 0.065193
  • injective-protocolInjective (INJ) $ 10.28
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999845
  • blockstackStacks (STX) $ 0.640466
  • sonic-3Sonic (S) $ 0.302558
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,708.55
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.47
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,662.43
  • optimismOptimism (OP) $ 0.533803
  • pax-goldPAX Gold (PAXG) $ 3,336.34
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014669
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,640.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 107,654.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999673
  • wbnbWrapped BNB (WBNB) $ 658.89
  • kaiaKaia (KAIA) $ 0.149755
  • story-2Story (IP) $ 3.05
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,660.09
  • clbtcclBTC (CLBTC) $ 109,014.00
  • dogwifcoindogwifhat (WIF) $ 0.833308
  • tether-goldTether Gold (XAUT) $ 3,327.85
  • the-graphThe Graph (GRT) $ 0.081821
  • flokiFLOKI (FLOKI) $ 0.000083
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 166.63
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.24
  • vaultaVaulta (A) $ 0.486600
  • immutable-xImmutable (IMX) $ 0.410619
  • msolMarinade Staked SOL (MSOL) $ 193.95
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,739.30
  • ousgOUSG (OUSG) $ 111.71
  • curve-dao-tokenCurve DAO (CRV) $ 0.503916
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • theta-tokenTheta Network (THETA) $ 0.675751
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998105
  • lido-daoLido DAO (LDO) $ 0.713991
  • jito-governance-tokenJito (JTO) $ 1.84
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013819
  • zcashZcash (ZEC) $ 38.37
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.30
  • iotaIOTA (IOTA) $ 0.155056
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.38
  • saros-financeSaros (SAROS) $ 0.225701
  • the-sandboxThe Sandbox (SAND) $ 0.241142
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,311.00
  • usual-usdUsual USD (USD0) $ 0.997720
  • jasmycoinJasmyCoin (JASMY) $ 0.011900
  • aerodrome-financeAerodrome Finance (AERO) $ 0.672311
  • super-oethSuper OETH (SUPEROETH) $ 2,532.75
  • raydiumRaydium (RAY) $ 2.12
  • tbtctBTC (TBTC) $ 107,419.00
  • newton-projectAB (AB) $ 0.008423
  • pendlePendle (PENDLE) $ 3.34
  • syrupMaple Finance (SYRUP) $ 0.512833
  • walrus-2Walrus (WAL) $ 0.396846
  • tezosTezos (XTZ) $ 0.520422
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,534.48
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,710.51
  • falcon-financeFalcon USD (USDF) $ 0.999538
  • pyth-networkPyth Network (PYTH) $ 0.094458
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,657.36
  • flowFlow (FLOW) $ 0.323130
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 107,790.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,534.50
  • decentralandDecentraland (MANA) $ 0.259276
  • bitcoin-svBitcoin SV (BSV) $ 24.89
  • true-usdTrueUSD (TUSD) $ 0.998095
  • coredaoorgCore (CORE) $ 0.482870
  • ripple-usdRipple USD (RLUSD) $ 0.999894
  • venomVenom (VENOM) $ 0.229770
  • apecoinApeCoin (APE) $ 0.595458
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • chain-2Onyxcoin (XCN) $ 0.013567
  • thorchainTHORChain (RUNE) $ 1.31
  • heliumHelium (HNT) $ 2.47
  • dexeDeXe (DEXE) $ 7.78
  • beldexBeldex (BDX) $ 0.061328
  • apenftAPENFT (NFT) $ 0.00000044
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.167937
  • usddUSDD (USDD) $ 1.00
  • kavaKava (KAVA) $ 0.395147
  • morphoMorpho (MORPHO) $ 1.33
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004249
  • based-brettBrett (BRETT) $ 0.041578
  • staked-hypeStaked HYPE (STHYPE) $ 37.38
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006874
  • starknetStarknet (STRK) $ 0.109742
  • stader-ethxStader ETHx (ETHX) $ 2,695.25
  • movementMovement (MOVE) $ 0.147664
  • dydx-chaindYdX (DYDX) $ 0.510596
  • compound-governance-tokenCompound (COMP) $ 40.40
  • neoNEO (NEO) $ 5.36
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998939
  • elrond-erd-2MultiversX (EGLD) $ 13.12
  • mog-coinMog Coin (MOG) $ 0.00000095
  • conflux-tokenConflux (CFX) $ 0.071891
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,535.74
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 107,580.00
  • ecasheCash (XEC) $ 0.000018
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999929
  • build-onBUILDon (B) $ 0.358146
  • aioz-networkAIOZ Network (AIOZ) $ 0.300431
  • deepDeepBook (DEEP) $ 0.140345
  • kaitoKAITO (KAITO) $ 1.45
  • ether-fiEther.fi (ETHFI) $ 0.931462
  • axie-infinityAxie Infinity (AXS) $ 2.11
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,794.64
  • eosEOS (EOS) $ 0.486270
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.11

Ethereum Price Outlook from Descending Triangle Analysis

0 33

Ethereum Price Outlook from Descending Triangle Analysis

Ethereum, the second-largest cryptocurrency by market capitalization, is currently showcasing a pattern that could indicate a significant future price movement. Traders and analysts closely monitor its price behavior as it consolidates within a descending triangle, a classic chart pattern known for forecasting price breakouts.

#Ethereum $ETH is consolidating within a descending triangle. Once a breakout occurs, it could trigger an 18% price move! pic.twitter.com/7SaTLWqe0x

— Ali (@ali_charts) March 10, 2025

According to Crypto Analyst Ali Martinez,A descending triangle pattern is formed when the price of an asset makes lower highs and consistent lows, converging into a triangle. This pattern is generally considered bearish and is typically observed in downtrends, but it can lead to a substantial price movement in either direction depending on various market factors.

This pattern has been forming for Ethereum over the past few days, as observed on a recent TradingView chart. The pattern shows a series of lower highs while the lows remain relatively flat, indicating that each rally is met with increased selling pressure. This price behavior suggests that Ethereum is testing its support levels repeatedly, which could eventually weaken and lead to a downward breakout. However, if buying pressure increases, a breakout on the upper side of the triangle might occur, suggesting a potential reversal of the downtrend.

Ethereum Triangle Outcomes, Market Influence, Strategy

The chart analysis indicates that a breakout from the current descending triangle pattern could trigger an approximately 18% price move. This estimate is based on the height of the triangle’s back extrapolated in the direction of the breakout.

A bullish breakout would imply buyers have regained control, potentially leading to a swift upward movement. This could be driven by favorable market news, technological advancements within the Ethereum network, or broader crypto market bullishness. On the other hand, a bearish breakout would confirm the continuation of the current downtrend, exacerbated by negative news or investor sentiment, possibly leading to a further drop in prices.

The outcome of the descending triangle will heavily depend on broader market sentiments and individual developments related to Ethereum. Factors such as network upgrades, regulatory news, and macroeconomic conditions could heavily influence the breakout’s direction.

Developments like upgrades to Ethereum’s network, particularly those that improve scalability and transaction costs, could positively influence investor sentiment. Changes in the regulatory landscape for cryptocurrencies in key markets can significantly impact Ethereum’s price movement. Additionally, the overall trend of the crypto market, including movements of Bitcoin and other major cryptocurrencies, often correlates with Ethereum’s market behavior.

As Ethereum navigates through this critical juncture, market participants should watch the descending triangle’s development. For traders, setting strategic entry and exit points based on the breakout direction could be key to capitalizing on the upcoming price movement. Moreover, staying informed about global cryptocurrency trends and Ethereum-specific developments will be crucial in making well-informed trading decisions.

Given the complexities of cryptocurrency markets and the technical indicators at play, investors are advised to approach cautiously, considering both the potential for significant gains and the risk of substantial losses. As the situation unfolds, the crypto community remains on alert for the next important move in Ethereum’s price trajectory.

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