The move was followed by a sharp price surge that took ETH from under $2,200 to over $2,540 before the coin corrected to its current price.<\/p>\n
Ethereum Price Prediction<\/h2>\n
After Trump’s statement yesterday, most cryptocurrencies saw their prices skyrocket, led by Bitcoin, and Ethereum is no exception.<\/p>\n
The project’s Bollinger bands widened massively as its price<\/a> soared, but have since seen another narrowing after Ethereum reached its peak, only to then slowly correct to where it is right now.<\/p>\n The bullish wave allowed the price to recover significantly from last week’s losses, even if it was rejected by a resistance at $2,500.<\/p>\n The project’s Relative Strength Index shows that ETH was starting a slow and steady recovery, fluctuating between the overbought zone and the neutral value of 50. The price was also slowly increasing as the weekend progressed. This is not surprising, as March traditionally brings increased trading activity to the crypto industry as investors review their portfolio as Q1 approaches its end, and make adjustments.<\/p>\n However, Trump once again disrupted the natural process by triggering a price surge. The ETH RSI value has seen a surge from the oversold zone at 28 to the value of 90, deep in the overbought area.<\/p>\n After this, many traders cashed out, deciding to take profit, which caused the RSI to drop again, and Ethereum to correct, as mentioned. However, with the RSI once again down at 28, a new wave of purchases might come soon if traders choose to buy the dip.<\/p>\n Investors looking for a solid ETH alternative can consider Best Wallet (BEST)<\/a>, one of the fastest-growing crypto wallets in the crypto industry.<\/p>\n The presale for BEST has already raised over $10.7 million, showing that there is huge demand.<\/p>\n Best Wallet offers support for over 60 blockchains and thousands of cryptocurrencies that run on them, it lets you connect other wallets to it and manage your portfolios from one place, and it is non-custodial, meaning that no one other than yourself can access your cryptos.<\/p>\n Managing multiple wallets does not have to be a hassle. 💡<\/p>\n Best Wallet lets you import, track, and manage all your wallets in one place. <\/p>\n No switching between apps, no lost accounts, just full control over your crypto in one powerful app.<\/p>\n Get started 📲 https:\/\/t.co\/J7VdZ0V9Mt<\/a> pic.twitter.com\/fAVVc6BQc3<\/a><\/p>\n — Best Wallet (@BestWalletHQ) February 28, 2025<\/a><\/p><\/blockquote>\n![\"Ethereum](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Ethereum-Price-Prediction.png\")
<\/p>\nPromising Alternative To Ethereum<\/h2>\n
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