{"id":3692,"date":"2025-03-25T06:00:20","date_gmt":"2025-03-25T06:00:20","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-to-end-march-in-green-eth-only-6-away-from-positive-monthly-close\/"},"modified":"2025-03-25T06:00:20","modified_gmt":"2025-03-25T06:00:20","slug":"ethereum-to-end-march-in-green-eth-only-6-away-from-positive-monthly-close","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-to-end-march-in-green-eth-only-6-away-from-positive-monthly-close\/","title":{"rendered":"Ethereum To End March In Green? ETH \u2018Only\u2019 6% Away From Positive Monthly Close"},"content":{"rendered":"

On Monday, Ethereum (ETH) recovered the $2,000 support, fueled by the market\u2019s recovery. After hitting a two-week high of $2,104, an analyst noted that the cryptocurrency could end March positively.<\/p>\n

Ethereum Nears Green Monthly Close<\/h2>\n

In the past 24 hours, Ethereum surged 6.2% from the $1,980 mark to $2,104. The start-of-week recovery made ETH retest the $2,100 resistance for the first time in a week and near its crucial price range.<\/p>\n

Amid the recent performance, Rekt Capital noted<\/a> that the cryptocurrency\u2019s price action is \u201cnot that far away\u201d from turning the downside deviation into a downside wick in the monthly timeframe.<\/p>\n

ETH dropped below the $2,196-$3,900 range on March 9, plunging to $1,750 in the following days, its lowest level since November 2023. After retesting a historical demand arena, \u201cEthereum is now only +5% away from positioning itself for a reclaim of its Macro Range,\u201d the analyst explained.<\/p>\n

Reclaiming this level before March closes would see \u201cthis entire sub-$2,200 downside end up as a downside wick.\u201d Moreover, CoinGlass data shows Ethereum\u2019s current price action is 6.8% away from turning March green.<\/p>\n

The cryptocurrency opened the month at $2,237, and a close above this level could end its three-month bleeding streak. However, if it fails to close March with positive returns, ETH could experience four months of red for the first time since 2018.<\/p>\n

\"Ethereum\"<\/p>\n

The \u201cKing of Altcoins\u201d has seen its worst Q1 in seven years, currently down 37.46% from its 2025 opening. Nonetheless, Ethereum has historically seen a bullish Q2, only closing the second quarter in red on two occasions.<\/p>\n

A recovery of ETH\u2019s Macro Range lows could see the cryptocurrency climb back to the range\u2019s highs in the coming three months.<\/p>\n

Can ETH Recover 2,200?<\/h2>\n

Analyst Ali Martinez pointed<\/a> out the key levels to watch, suggesting that Ethereum\u2019s most crucial support zone is between $1,886 and $1.944, where more than 3 million investors bought around 6.12 million ETH.<\/p>\n

Meanwhile, its most significant resistance is between $2,250 and $2,610, where 12.28 million addresses accumulated 65 million ETH.<\/p>\n

He added that \u201ca decisive break above this area would negate the bearish outlook.\u201d Similarly, Crypto Jelle highlighted<\/a> that ETH is attempting to reclaim the key $2,200 resistance, which could fuel a \u201cmonster deviation\u201d if recovered.<\/p>\n

Analyst Ted Pillows suggested that Ethereum\u2019s manipulation phase \u201cis almost over.\u201d Previously, the analyst asserted that ETH\u2019s chart displayed a Power of Three (Po3) pattern in the making, signaling that the cryptocurrency is in the manipulation phase.<\/p>\n

According to the analyst, \u201cA breakout above $2,200 and an expansion phase will start.\u201d He noted<\/a> that the breakout could be possible as ETH retested its multi-year trendline support, which has only been retested three times since 2021.<\/p>\n

The last two times, \u201cthey marked the cycle bottom,\u201d which could suggest that Ethereum\u2019s bleeding is poised for a recovery if it repeats its historical performance.<\/p>\n

As of this writing, Ethereum trades at $2,090, a 4.3% surge in the daily timeframe.<\/p>\n

\"Ethereum,<\/p>\n","protected":false},"excerpt":{"rendered":"

On Monday, Ethereum (ETH) recovered the $2,000 support, fueled by the market\u2019s recovery. After hitting a two-week high of $2,104, an analyst noted that the cryptocurrency could end March positively. Ethereum Nears Green Monthly Close In the past 24 hours, Ethereum surged 6.2% from the $1,980 mark to $2,104. The start-of-week recovery made ETH retest…<\/p>\n","protected":false},"author":1,"featured_media":3693,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[52,1242,2014,1219,608,267,55,69,71,234,329,73],"class_list":["post-3692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-investors","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-eth","tag-ethereum","tag-ethereum-price-analysis","tag-ethereum-price-forecast","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3692"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3693"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}