Ethereum Price Plunges To 2018 Levels: What Is Going On?
Posted On April 17, 2025
Ethereum (CRYPTO: ETH) has pulled back to levels not seen since 2018, yet key players from whales to traders remain defiant about the coin’s future prospects.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Ethereum (CRYPTO: ETH) | $1,582 | $193.5 billion | -0.3% | +4.5% |
Bitcoin (CRYPTO: BTC) | $84,853 | $1.68 trillion | +0.6% | +6.7% |
XRP (CRYPTO: XRP) | $2.08 | $121.5 billion | -2.0% | +5.5% |
Trader Notes: In an X post on Wednesday, trader CrypNuevo highlighted that Ethereum’s current range mirrors historical accumulation zones.
With Bitcoin holding its one-week 50-day moving average and BTC dominance not yet peaking, he’s placing some of his largest spot buys in this range.
Crypto Caesar emphasized the importance of this support zone, calling it a potential millionaire-making moment. He urged traders not to sit idle, saying the next big move is likely just “a few clicks away.”