Ethereum price pivot for $1,750: breakout or waka go down to $1,600?
Ethereum price dey trade around $1,717 and e dey test di $1,750 pivot after dem fail to retest February highs. Analysts talk say if market clean reclaim and close daily above $1,750, e go improve short-term structure, but if e reject, sellers go still dey control.
Downside, Ethereum don dey try hold di $1,700 support zone. If $1,700 fail, traders dey see higher chance say price fit move deeper toward $1,600, with more levels lower (about $1,550–$1,400). Momentum dey mixed: RSI near 40, and MACD show small bullish crossover, but both still fit market wey dey under pressure.
Key levels to watch: reclaim above $1,750 for bullish shift versus breakdown below $1,700 to strengthen bearish path toward $1,600. Bigger resistance still dey above, including the $1,900 area wey dem go need for stronger trend confirmation.
Bearish
Both article dem talk say Ethereum price dey range but di risk clear sey e fit fall. Di latest update yarn sey Ethereum price still under major structure levels (specially di $2,083 Fibonacci area) and momentum signals just small small dey improve (small MACD crossover) while RSI still weak. Dis combination mean di market still vulnerable if $1,700 support break. Even though $1,750 na di key pivot for possible bullish shift, if e no take reclaim am sellers go still dey active and e go raise di chance sey price fit move go $1,600 and maybe enter deeper supports. Overall, until Ethereum price show strength by steady closes above $1,750 and ideally reclaim more levels, di expected near-term price impact on ETH be bearish.