Ethereum shows signs of renewed bullish momentum despite short-term volatility linked to impending US tariff announcements. Analysts highlight technical indicators pointing to potential upward movement, even as broader markets navigate uncertainty around trade policies set to take effect in April 2025. The cryptocurrency’s price currently hovers near $1,863, reflecting a 15% decline from February highs, though advanced chart patterns suggest this could represent a consolidation phase before renewed gains.
Key technical metrics indicate underlying strength. The 50-day moving average recently crossed above the 200-day benchmark, forming a bullish “golden cross” pattern historically associated with sustained upward trends. Ethereum’s price remains firmly above the Ichimoku Cloud on weekly charts, reinforcing the case for mid-term bullishness. Cryptocurrency analysts at CoinDCX project a Q2 trading range of $4,200 to $4,900, citing increased network activity and whale accumulation patterns as fundamental drivers.
Market participants anticipate turbulence as the Trump administration prepares to implement reciprocal tariffs targeting 15 countries. The policies, designed to strengthen domestic industries, have already influenced risk asset correlations. While Bitcoin initially dipped alongside equities, some theorists suggest Ethereum’s growing utility in decentralized finance ecosystems could help it decouple from traditional market movements. “Tariffs may inadvertently boost decentralized network value by accelerating the shift toward non-sovereign digital assets,” said Grayscale research lead Zach Pandl.
Technical upgrades continue supporting bullish forecasts. Ethereum’s recent Pectra update streamlined smart contract execution and introduced alternative fee payment tokens, addressing critical scalability concerns. Adoption by traditional finance institutions like State Street for asset tokenization demonstrates growing real-world utility. Analysts at Bitpanda note that Ethereum ETFs approved in 2024 could unlock substantial institutional inflows, potentially propelling prices toward $6,700 by year-end.
Sources:
https://coindcx.com/blog/price-predictions/ethereum-price-weekly/
https://www.financemagnates.com/trending/how-donald-trumps-tariffs-will-impact-bitcoin-expert-predicts-btc-price-jump-to-150k/
https://www.bitpanda.com/academy/en/lessons/ethereum-forecast-2025-trends-scenarios-and-expert-opinions
https://btcdirect.eu/en-eu/ethereum-price-prediction
https://www.theblock.co/post/349235/trump-liberation-day-tariffs-strategic-bitcoin-reserve