The price of Ethereum was down 2.9% for the view of one month to start the weekend. But it was even more down, from -38%, over the sight of a year.
This could be a purchase opportunity for cryptocurrency investors and Altcoin traders to collect ether tokens at reduced prices. In fact, a popular Crypto X analyst recently stressed that the Ethereum prize graph has a potential optimistic escape to come.
Crypto Analyst checks Ethereum Prix Falling Wedge
The founder of the MN Fund, Michaël Van de Poppe, wrote in an update on Wednesday April 30:
“$ ETH consolidates itself before a great escape up. The liquidity is to be won, it just needs an item linked to news to launch it.”
$ ETh Consolidates before a great escape up.
Liquidity is to be won, it just needs an item linked to news to launch it. pic.twitter.com/vqagvfzca0
– Michaël Van de Poppe (@cryptomichnl) April 30, 2025
De Poppe then shared a trading view screen of downstream lines with more steep resistance lines and flattened support lines. This is a classic graphic indicator of a bullish reversal of a downward trend.
This is a particularly suggestive indicator in this case because it has the manual declining the daily commercial volume as the convergent trend lines.
Vitalik Buterin New Ethereum Roadmap for 2025
A commentator replied In Van de Poppe:
“Yeah, this ETH graph is tightened stronger than a RN drum. Consolidation shouts pre-rail vibrations. It is enough from this catalyst as you said. What news we are looking for in a realistic way?”
The new roadmap of the founder of Ethereum Vitalik Buterin for the cryptocurrency can bring together its community.
The cryptocurrency classified number two by total market capitalization was in a price of prices on the current increase in Bitcoin to several months. But that does not mean that everything is finished for Ethereum.
The main intelligent contract Altcoin has seen prices growth while several L2 have increased considerably in market capitalization since the Dencun upgrade in March 2024.
These layer 2 -2 zip file solutions to accelerate Ethereum have made most percentage gains because this is what the new incentive structure rewards.
The same day as its update of the Ethereum Falling hold, Van de Poppe reminded the followers of the extreme lowering feeling on many altcoins at the moment is a used window to capture the return on investment when the market returns.
The next leg upwards is on the horizon for the #Crypto markets.
The lowering feeling remains extreme #Altcoins And it is an ideal ingredient for the next step.
– Michaël Van de Poppe (@cryptomichnl) April 30, 2025
Free binance $ 600 (EXCLUSIVE Cryptopotato): Use this link to record a new account and receive an exclusive welcome offer of $ 600 on Binance (all details).
Limited offer for cryptopotate players at Bybit: Use this link to record and open a free $ 500 position on any part!
