Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Institutions and ETFs Now Control Over 9% of Ethereum Supply

04/09/2025

CDARI Taps Hive Intelligence to Drive AI-Powered Blockchain Insights

04/09/2025

Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

04/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Institutions and ETFs Now Control Over 9% of Ethereum Supply

    04/09/2025

    Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

    04/09/2025

    Whale Risks Liquidation With $297M ETH Long

    04/09/2025

    Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally

    04/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    CARDS token surges 200%+ as Raydium brings its tokenized Pokemon cards onchain

    04/09/2025

    ‘NFTs Turned Out to be a Fad,’ Says Kevin O’Leary as He Buys $13M Collectible Card

    04/09/2025

    Gotta Catch ‘Em All? Tokenized Pokémon Cards Are Exploding Right Now

    04/09/2025

    Ethereum NFT Activity Plummets to Lowest Level Ever Recorded

    03/09/2025

    Institutions and ETFs Now Control Over 9% of Ethereum Supply

    04/09/2025

    CDARI Taps Hive Intelligence to Drive AI-Powered Blockchain Insights

    04/09/2025

    Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

    04/09/2025

    The Hashgraph Group launches ‘TransAct’ to bring crypto-free transactions

    04/09/2025
  • Blockchain

    CDARI Taps Hive Intelligence to Drive AI-Powered Blockchain Insights

    04/09/2025

    The Hashgraph Group launches ‘TransAct’ to bring crypto-free transactions

    04/09/2025

    Coinbase CEO Drops Major Solana News as Key Integration Goes Live

    04/09/2025

    Vanar Taps Plena Alliance Brings AI Wallet Tech to Kickstart Web3 Projects

    04/09/2025

    Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

    04/09/2025
  • DeFi

    Framework Ventures-Backed Stablecoin Protocol USDAI Hits $110M in TVL

    04/09/2025

    Bitkub Exchange Joins Scallop to Advance DeFi Opportunities in Thailand

    04/09/2025

    Unpacking a $300 Million Move to Aave

    04/09/2025

    Kasu Secures $1M Strategic Investment from XDC Network

    04/09/2025

    Velocity Labs and Partners Launch DeFi Builders Program to Accelerate DeFi Innovation on Polkadot Hub

    04/09/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025
  • Regulation

    Circle Touts $658 Million in Annual Revenue as Q2 Results Drop

    02/09/2025

    Tokenized Gold Will Eat Bitcoin’s Lunch

    02/09/2025

    South Korea’s retail investors ditched big tech stocks and shifted to ETH-related stocks

    02/09/2025

    Elon Musk Revisits His Historic Tweet, Which Exploded Market in 2021

    02/09/2025

    Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital

    02/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Becomes First Exchange to List Trump-Linked WLFI Token

    04/09/2025

    Celo Hard Fork: Upbit’s Crucial Suspension Explained

    04/09/2025

    South Korea’s Upbit Lists Trump-Linked WLFI And USD1

    04/09/2025

    Binance Announces Eye-Catching Listing News! Project Backed by US President Donald Trump Listed! Details Here

    04/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    You Can Earn Bitcoin By Playing These Free Games

    03/09/2025

    XRP Ledger Gets Its Game On as B3 Network Expands From Ethereum

    02/09/2025

    The Biggest Games Releasing in September 2025

    31/08/2025

    OKX Wallet Taps Shaga to Offer Secure Web3 AAA Gaming

    31/08/2025

    August Unveils Impressive 657 BTC Haul

    04/09/2025

    Bitcoin’s Price Is Flat, but the Hash Rate Just Hit a Record High

    04/09/2025

    KuCoin targets 10% of Dogecoin mining capacity via new mining platform

    03/09/2025

    Trump-Linked American Bitcoin Soars 60%, Targets $2.1B Share Sale After Nasdaq Debut

    03/09/2025

    How The UK’s Crypto Tax Maze Is Driving Users Away

    04/09/2025

    What to expect with US crypto policy as Congress comes back in session

    04/09/2025

    South Korea’s SEC Chair Nominee’s Cryptocurrency Comments Spark Major Debate

    04/09/2025

    77 suitors pile into Hong Kong’s stablecoin waiting game

    04/09/2025

    Institutions and ETFs Now Control Over 9% of Ethereum Supply

    04/09/2025

    CDARI Taps Hive Intelligence to Drive AI-Powered Blockchain Insights

    04/09/2025

    Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

    04/09/2025

    The Hashgraph Group launches ‘TransAct’ to bring crypto-free transactions

    04/09/2025
  • MarketCap
NBTC News
Home»Ethereum»Will Ethereum Drop Back To $900? Here’s What This Analyst Thinks
Ethereum

Will Ethereum Drop Back To $900? Here’s What This Analyst Thinks

NBTCBy NBTC12/10/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Following the Terra LUNA network collapse back in 2022, the price of Ethereum followed the general market downtrend. As a result of this, the ETH price had fallen to a new cycle low of $900, before recovering once more. However, now that the altcoin is still deep in the throes of the bear market, questions have arisen once more about the chances of the price returning to its 2022 lows.

Crypto Analyst Says Ethereum Could Drop To $900

In an analysis posted on TradingView, crypto analyst FieryTrading presents a scenario in which the price of Ethereum could fall back toward its 2022 lows. The analysis in question takes into account the multiple bullish trend lines that the digital asset’s price had fallen through over the last year.

According to FieryTrading, Ethereum had one last remaining bullish line which had emerged on the chart back toward the bottom of the June 2022 sell-offs. However, the digital asset hasn’t been able to hold this trend line and they point out that “it’s well over a year old and must carry some weight.”

ETH price could fall to $900 | Source: Tradingview.com

Due to this, the crypto analyst believes that the digital asset has entered into a long bearish stretch. As this bear stretch continues, which the analyst expects to be even longer, they see a high possibility of the Ethereum price reaching as low as $900 once more, as shown in the chart below.

Despite being seemingly convinced about ETH’s price decline, the analysis still needs confirmation. Their explanation which is shown in the chart as well asks to wait for the price to break below the $1,510 level for this to take place.

Ethereum price chart from Tradingview.com (crypto analyst $900)

ETH price falls to $1,567 | Source: ETHUSD on Tradingview.com

Bearish Going Into The Bitcoin Halving

As the analyst explains, the bearish expectation is not localized to just the Ethereum price alone. It seems to encompass the whole market which the analyst believes has finished out its half bullish stretch and has now entered into the bearish half that often leads up to the halving. As the analyst puts it, this indicates “that it’s the turn of the bears by now.”

This school of thought is not new and is actually backed up by historical data. When looking at the charts of cryptocurrencies such as Bitcoin and Ethereum, it shows that there was a bearish stretch leading up to the Bitcoin halving. After the event, this trend tends to reverse, which then signals the start of the bull market.

In the months leading up to the 2020 halving event, the price of Ethereum saw a sharp decline that put its price in the $120 region before picking back up. So if there is a repeat of this, then FieryTrading’s analysis for ETH could play out.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Institutions and ETFs Now Control Over 9% of Ethereum Supply

04/09/2025

Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

04/09/2025

Whale Risks Liquidation With $297M ETH Long

04/09/2025

Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally

04/09/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Institutions and ETFs Now Control Over 9% of Ethereum Supply

04/09/2025

CDARI Taps Hive Intelligence to Drive AI-Powered Blockchain Insights

04/09/2025

Fed Frontrunner Christopher Waller Gives Institutions the Green Light to Ethereum and Stablecoins

04/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.