Ethereum Struggles To Hold $2,700: Is The Rally Just Delayed?
Posted On February 18, 2025
Ethereum‘s (CRYPTO: ETH) recent weekend pump to $2,826 sparked hopes of a sustained rally. But the optimism was short-lived.
What Happened: A quick retrace to $2,700 left traders questioning whether the uptrend is merely delayed or if Ethereum remains vulnerable.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Ethereum (CRYPTO: ETH) | $2,677.31 | $322.7 billion | -4.4% | +0.8% |
Bitcoin (CRYPTO: BTC) | $95,415.78 | $1.89 trillion | -0.9% | -1.6% |
XRP (CRYPTO: XRP) | $2.55 | $147.9 billion | -4.6% | +3.6% |
Trader Notes: Crypto trader Michael van de Poppe commented that Ethereum’s failure to close above key levels means the “party got delayed” and expects another test of the lows before a potential move higher.