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The price of ETHEREUM was in a rupture at the beginning of this week, as it exceeded the level of $ 2,800 for the first time since February 2025. However, the rising tensions between Israel and Iran hurt the assets of risk, with Bitcoin and Etharium that bear most of the declining pressure in the encryption market.
The Ethereum price has decreased from more than 2800 dollars about $ 2,500, which reflects a large break from the last upward progress in Altcoin. However, historical price data shows that the Ethereum price may be fine as long as it remains above $ 2,500 support.
Is the return to $ 4000 for Ethereum price?
In a modern post on the X social media platform, Crypto Rekt Capital Make up The current preparation for the ETHEREUM price after its recent decline and the potential effects on its future path. According to The Pundit online, I created the second largest encrypted currency of $ 2,500 as an important support pillow.
After the first quarter of the harsh year, the price of Ethereum witnessed an explosive start until May, as it rose to the top of 2000 dollars. However, Altcoin has struggled to fracture over $ 2800 before this week, and the support of $ 2,500 usually settled after facing this resistance level.
According to Rekt Capital, the ETHEREUM price has shown a strong degree of stability above $ 2500 over the past five weeks. The encryption analyst indicated that if this trend continues, the value of Altcoin may witness a significant increase and return to about 4000 dollars.
Rekt Capital highlighted that keeping $ 2500 as support has facilitated the gatherings extending in ETHEREUM prices about 4000 dollars in the past. As shown in the graph below, the ETH price has taken a strong transfer to the 4000 dollar area in late 2024 after it hovered about $ 2,500 in August to October.
Source: @rektcapital on X
The last time the price of Ethereum was at $ 4000 in mid -December 2024, before almost 60 % collapsed in the early parts of the year. Return to the peak of this ETH session can mark the start of the upcoming Altcoin season.
As of writing this report, the ETH price is about $ 2577, which reflects a decrease of approximately 3 % over the past 24 hours.
Ethereum dominance is up to five years old
In a separate post on X, Rekt Capital open Ethereum dominance has been climbing over the past few days. The latest data indicates that Altcoin has now achieved the dominance of the market by 10 % for the first time since 2020, and the continuation of the upward trend.
If this positive trend continues and the market domination of Altcoin continues to improve, investors can see the ETHEREUM price is impressive. Moreover, this may also mean reducing bitcoin dominance and the possibility of improving the vision of this course.
The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView
Distinctive image from Istock, tradingvief chart
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