{"id":19261,"date":"2025-03-26T20:32:37","date_gmt":"2025-03-26T20:32:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19261"},"modified":"2025-03-26T20:32:37","modified_gmt":"2025-03-26T20:32:37","slug":"ethereum-price-risks-closing-below-3m-bollinger-bands-expert-says-think-longer-term","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19261","title":{"rendered":"Ethereum Price Risks Closing Below 3M Bollinger Bands, Expert Says Think Longer Term"},"content":{"rendered":"<div>\n<p>Ethereum has been weighed down by <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/q2-outlook-for-ethereum-can-eth-overcome-its-disappointing-q1-performance\/\" target=\"_blank\" rel=\"noopener nofollow\">persistent downward momentum,<\/a> and even a near-term rally may not be enough to shift the broader trend immediately. As it stands, the ETH price is now at an important technical moment, with crypto analyst Tony \u201cThe Bull\u201d Severino warning of a possible close below a significant long-term indicator.\u00a0<\/p>\n<p>With just days remaining in the first quarter of 2025, Severino took to the social media platform X to highlight the implications of Ethereum\u2019s position relative to its 3-month Bollinger Band basis, <a href=\"https:\/\/bitcoinist.com\/ethereums-worst-chart-ever\/\" target=\"_blank\" rel=\"noopener \">which could spell trouble.<\/a><\/p>\n<h2>Ethereum Faces A Technical Threat On The Quarterly Timeframe Chart<\/h2>\n<p>Crypto analyst Tony \u201cThe Bull\u201d Severino has sounded the alarm on Ethereum\u2019s quarterly chart. In a <a href=\"https:\/\/x.com\/tonythebullBTC\/status\/1904565466170859730\" target=\"_blank\" rel=\"noopener nofollow\">recent post on<\/a> social media platform X, Severino pointed to the 3-month Bollinger Band basis, saying Ethereum\u2019s price is in danger of closing below it. There\u2019s now less than a week remaining in Q1, and the analyst warned, \u201cThere are seven days left to save Ethereum from closing below the 3M Bollinger Band basis. If it loses it, look out below.\u201d<\/p>\n<p>The 3M Bollinger Band is a version of the standard Bollinger Bands indicator applied to a 3-month (quarterly) chart. In this case, each candlestick on the chart represents three months of price action, so it covers ETH\u2019s price behavior from a long-term perspective. Speaking of long-term price action, the Ethereum \/ U.S. Dollar 3-month index shared by Severino shows that the altcoin has been trading within these Bollinger bands since July 2022.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-431221\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/03\/Ethereum-chart-from-Tony-Severino.png?w=512&amp;resize=512%2C324\" alt=\"Ethereum\" width=\"512\" height=\"324\"><\/p>\n<p>As shown in the price chart below, Ethereum is <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum-price-in-accumulation-2000\/\" target=\"_blank\" rel=\"noopener nofollow\">currently trading close <\/a>to the lower Bollinger band, which is just around the $2,000 price level. Interestingly, the current candlestick, which only has a few days to close, is highlighted by a lower wick protruding below the lower band. This means the Ethereum price <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/bears-dominate-ethereum-price\/\" target=\"_blank\" rel=\"noopener nofollow\">has already broken below<\/a> the Bollinger Band for a brief period this quarter, but only a close below could quickly seal the deal.<\/p>\n<h2>What A Breakdown Below The Band Could Mean For ETH\u2019s Price<\/h2>\n<p>If Ethereum does close below the Bollinger Band, it will undoubtedly signal an incoming wave of bearish momentum that might outshine its current lackluster price action. The cryptocurrency might lose the $2,000 psychological price threshold completely and lose many support levels up until $1,500 before any strong rebound. Tony Severino noted that there are only seven days<a href=\"https:\/\/bitcoinist.com\/eth-price-accumulation-mode-thailand\/\" target=\"_blank\" rel=\"noopener \"> left to save Ethereum<\/a> from closing below the 3M Bollinger Band and avoid a bearish potential.<\/p>\n<p><a href=\"https:\/\/x.com\/tonythebullBTC\/status\/1904563914727121148\" target=\"_blank\" rel=\"noopener nofollow\">In another post <\/a>on X, the analyst expanded on the implications of ETH\u2019s current structure. Many investors are hoping for a swift rebound and a return to all-time highs, but he cautioned that such an optimistic run might take a long time to manifest.<\/p>\n<p>Any bullish trend in the short term might not be enough to reverse the larger downward trend that has been developing for the past 12 months. A meaningful structural change <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-accumulation-is-almost-over-breakout-above-2200-could-trigger-expansion-phase\/\" target=\"_blank\" rel=\"noopener nofollow\">will require sustained bullish pressure <\/a>over multiple quarters, not just a short-term bounce.\u00a0 \u201cThink in terms of quarters, not months, weeks, or days,\u201d he said.<\/p>\n<p>At the time of writing, Ethereum is trading at $2,052.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/BrT6QWfi\/\" alt=\"Ethereum\" width=\"2301\" height=\"1546\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum has been weighed down by persistent downward momentum, and even a near-term rally may not be enough to shift the broader trend immediately. As it stands, the ETH price is now at an important technical moment, with crypto analyst Tony \u201cThe Bull\u201d Severino warning of a possible close below a significant long-term indicator.\u00a0 With [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19261","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19261"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19261\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}