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Ethereum

Bitcoin, Ethereum Technical Analysis -Month Low Following Easter Selloff

Following a weekend of bearish pressure, BTC‘s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. As of writing, the total cryptocurrency market cap was down almost 4%.

Bitcoin

Bitcoin fell to a one-month low to start the week, as cryptocurrency prices continued to decline, following recent bearish pressure in the market.

Following a peak of $40,570. 73 late on Sunday, BTC/USD dropped to a bottom of $38,696. 19 during Monday’s session.

Today’s drop saw prices fall to their lowest point since March 15, and this comes as bears were able to break the recent $40,000 support level.

BTC/USD – Daily Chart

Since hitting the earlier low, BTC has since rallied, and is currently sitting at around $39,350, as bulls attempted to recapture earlier losses.

Looking at the chart, today’s drop pushed the 14-day RSI to its own floor of 38, which is within oversold territory.

Bulls will hope that this support in price strength holds, if not we may see further declines, with some bears looking to take BTC closer to $35,000.

Ethereum

In addition to BTC, the world’s second-largest crypto was also trading lower, with recent declines during Monday’s session.

ETH/USD fell for a second consecutive day, dropping to an intraday low of $2,893. 91 to start this week’s action.

Monday’s drop saw ETH hit its lowest point in just over three weeks, taking price marginally below support of $2,950 in the process.

ETH/USD – Daily Chart

Similar to BTC, earlier losses have somewhat eased, as bears have likely taken some profits, whilst bulls also fight to maintain this floor.

As of writing, prices are now trading closer to support, despite the 14-day RSI falling below its own floor.

Price strength is currently tracking at 41, which is its lowest since early March, which could be a positive for bulls looking to buy this current weakness.

Will ETH fall to further lows as the week progresses, or rally to overcome the downward pressure? Comment below with your thoughts.

eliman@bitcoin.com'

Eliman Dambell

Eliman has a broad perspective on market analysis. He is a former brokerage director, educator in retail trading, and commentator in Crypto, Stocks, and FX.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage caused or alleged caused by the use or reliance of any content, goods, or services mentioned in this article.

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Ethereum

Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps over the past day, slicing the conversions into four clean, calculated transactions. Ethereum Foundation Turns $4.46M in ETH Into Stablecoins On Friday…
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Ethereum

Ethereum Whispers ‘Breakout’—But Will It Scream Past $4,600?

Ethereum’s holding steady at a confident $4,500, with a market cap of $543 billion and a crisp 24-hour trading volume of $36.86 billion. But don’t get too relaxed—its intraday range from $4,446 to $4,583 shows this crypto’s still got some tricks up its sleeve to keep traders on edge…
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Ethereum

Crypto Price Analysis October-03: ETH, XRP, ADA, BNB, and HYPE

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

Ethereum had an excellent week after its price rallied by 14%. This allowed it to move close to $4,500, which may offer the required support to re-test the key resistance at $5,000. With sellers exhausted, buyers are back in control.

Bitcoin also made sustained gains this week, which primed the market for higher levels. This can boost the momentum of Ethereum, which is turning bullish again. 

Looking ahead, a clear breakout above $5,000 would place ETH in price discovery and allow it to run much higher quickly. Should that happen, key targets are found at $6,000 and $7,300. 

Ripple (XRP)

XRP closed the week 11% higher, which took the price above $3. This is a psychological level that can act as support in the future and provide a base for new highs with key targets at $3.2 and $3.6.  

To capitalize on this momentum, the bulls will have to push this cryptocurrency to make higher highs. That would imply a price level of $3.2 and above. 

Looking ahead, XRP appears to be finishing its consolidation between $2.7 and $3 and is ready for higher levels. If so, the ATH at $3.6 could be a major magnet for buyers in the last quarter of 2025.

Cardano (ADA)

Cardano also had a good week after it managed to hold above the support at $0.77 and closed with an 11% gain. This puts buyers back in charge, but their biggest test awaits at the $0.90 resistance.

The bullish momentum is not quite there yet to break the key resistance, but if the overall market remains bullish, a breakout is only a matter of time. If successful later, then ADA has a real chance to trade above $1 again. 

Looking ahead, October started with a bang as most cryptocurrencies are in green. Cardano also appears poised for new highs if buyers can push it beyond $0.90.

Binance Coin (BNB)

Binance Coin appears unstoppable after it made a new price record at over $1,100. This allowed it to close the week with a 16% gain, making it one of the strongest digital assets in 2025. 

The most important resistance, at this time, is found at $1,200, and the price could easily reach that in the coming days if this bullish momentum is sustained. That’s only an 8% price increase at the time of this post. 

Looking ahead, this cryptocurrency is well-positioned to capitalize on the enthusiasm across the market that appears to be forming in the last quarter of the year. If $1,200 is broken later, look towards $1,500 next. 

Hype (HYPE)

This week, HYPE finally completed its correction and managed to briefly visit $50 after a sustained rally that saw its price increase by 15%. With sellers gone, this cryptocurrency has already recovered most of its recent losses.

To be confident in this rally, HYPE has to claim $50 and defend it as support. If successful, then it has a real shot at revisiting its all-time high at $60.

Looking ahead, despite the volatility, the price continues to show a lot of strength. Even if attention was briefly directed towards other decentralized exchanges, this did not last, and liquidity returned to Hyperliquid, which is now reflected in its token price as well.

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Cryptocurrency charts by TradingView.

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