ETH Drop to $1,750 Predicted as Ethereum Struggles Below Resistance in Volatile Crypto Market

Ethereum is under pressure as it fails to reclaim key resistance levels. The Ethereum Price has dropped over 17% in the past month. It’s currently trading below $1,815, raising concerns of further downside. An analyst has warned that if it fails to reclaim $1,835, the price may drop to $1,750. However, Ethereum’s long-term trend may still hold potential. Some signals suggest a possible rally if ETH breaks past resistance. The broader Crypto Market remains cautious. Market participants are closely watching ETH’s next move. Let’s break down what the technicals and analysts are saying in this latest Ethereum News update.

Will ETH Reclaim the Trend?

Ethereum has struggled to stay above $1,850 this week. The second-largest crypto asset lost its 15-month range in early March. Since then, ETH has recorded four straight red monthly closes—its worst stretch in seven years. Analysts explained that this drop confirms a double-top pattern formed in the $2,196–$3,904 range. After falling from that zone, ETH entered a historic liquidity range between $1,640 and $1,930. This level is now acting as a key resistance zone. If Ethereum fails to reclaim this area, a drop to $1,550 is likely, as seen in previous cycles.

But there’s still hope in the Ethereum News space. Analysts point to a possible 20% rally based on Ethereum’s dominance chart. ETH dominance has dropped to 8%, a level that historically marked bullish reversals. A reversal here could lead to higher prices in the Crypto Market. There’s also a short-term Power of 3 setup. This shows ETH went through an accumulation and manipulation phase after losing $2,150. If it breaks resistance now, a push toward $2,150 could follow. As of April 5th, the Ethereum Price is hovering around $1,815. The Bulls need a strong breakout soon—or risk losing more ground.

Ethereum Price Analysis of April 5

The trading day of April 4th opened with bearish momentum. A death cross on the MACD line triggered a downward trend. Sellers dominated as RSI showed an oversold signal at 15:05 UTC. This pushed the Ethereum price lower. At 3:15 UTC, a golden cross appeared on the MACD, sparking a short-term bullish reversal. Buyers returned, and the RSI hit overbought at 8:15 UTC. The price then found resistance near $1,835.68. However, at 8:55 UTC, another death cross occurred, initiating a new bearish wave. Selling pressure increased, and the RSI again dipped into oversold territory from 10:15 to 11:40 UTC. This led the price to test the support zone at $1,758.79.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 5, 2025

As illustrated in Chart 1, at 11:15 UTC, a golden cross signaled a bullish shift. Buyers regained control, pushing the price upward throughout the rest of the day. The RSI entered the overbought zone at 17:50 UTC, showing strong bullish momentum. On April 5th, the rally slowed after a death cross formed at 1:50 UTC. A new golden cross on the MACD at 8:35 UTC pointed to another potential move higher. According to Ethereum price predictions, if bulls hold strong, ETH could break $1,835.68. Otherwise, bears may drag it below the $1,758.79 support.

Ethereum Price Outlook

Ethereum Price remains under pressure amid broader Crypto Market uncertainty. If bulls reclaim $1,835, Ethereum could rise toward $1,900 short term. Otherwise, support at $1,758 may break. This Ethereum News highlights the importance of reclaiming resistance to avoid deeper losses and restore confidence in the altcoin’s near-term price action.

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