Since ERIC Trump’s approval of ‘Add ETH’, Etherrium price has fallen nearly 50%.

Ether Lee’s indigenous token token ETH said that Eric Trump, the son of US President Donald Trump, adds the largest Altcoin to the portfolio to 5.7 million followers.

President Trump ruins his son’s optimistic outlook.

As of March 31, Ether has been trading at $ 1,820, down about 40% since Eric Trump’s optimistic tweet.

Meanwhile, ether’s password market share plunged from 10.28%at ERIC Trump’s X POST to 8.39%as of March 31, the lowest since 2020.

According to Eric Trump’s opinion, a series of Market Headwinds made me notice.

For example, on February 21, BYBIT, a remarkable Cryptocurrency Exchange, lost about $ 1.5 billion in ether, and has the largest cryptocurrency to date.

President Trump’s increase in tariffs on Canada, Mexico and China has also strengthened its sales in Ether Leeum and wide -up cryptographic markets. 25%of tariffs on car income set to live on April 3 are additional risk feelings.

Michaël Van de Poppe, co -founder of Crypto Portfolio Management Firm Mn Consultancy, has suspected ether prices for the next few days, and the market should expect ETH’s floor when the gold price is at its peak.

Gold, a traditional risky asset, surged 17.60%year -on -year, reaching $ 3,085 per ounce.

The trump connected encryption platform grows with ETH Stash.

The World Liberty Finance (WLFI), a decentralized financial company related to the Trump family, moved 73,783 ETH (to $ 212.60 million at the time) two days after Eric Trump’s X mail on February 21.

The close time of such an event led to speculation of Eric Trump’s intentions within the encryption community. This is in spite of the clarity of WLFI that it was part of everyday financial management and did not indicate the intention of selling its holdings. ​

WLFI has made millions of dollars of encryption before Trump’s major industrial events.

In particular, the company acquired a variety of tokens worth $ 20 million on the day of the White House encryption summit on March 7, raising eyebrows on timing and potential strategic intentions.

Similarly, critics cited conflicts by raising concerns about Donald Trump’s new stability, USD1.

WLFI has more than tripled the aer since February 23. However, due to a wider rise in the Whale’s ETH Holdings, even this aggressive accumulation was rarely re -evaluated in the Ether Reeum market.

How low can Etherrium prices go in April?

If the technology indicator is cue, the price of Ether can be less than $ 1,500 in April, which can drop by about 20% from the current price level.

In particular, as of March 30, the ETH/USD pairs entered the failure stage of the bear pattern.

This technology settings are generally solved when the price rises after a rapid downturn and usually falls below the trend line with low prices.

If you apply this technical rules, $ 1,490 will be provided in April for Ether’s next goal.

The bottom can start a 35%price rebound.

But not all hope is lost to the bull. The rapid rebound of the current support level of about $ 1,800 can still invalidate the Bear Flag setting. Instead, it can cause double floor patterns, which can help ETH’s price rebound to $ 2,500 by April.

The double bottom is generally appearing after the extended decline, characterized by two distinct tropes near the same price level, and is displayed as a brake out (neckline) above the medium height.

relevant: Etherrium Gift Premium Premium is the time to buy the lowest -ETH floor for more than one year?

ETH has two floors around the $ 1,800 support area and the neckline resistance is close to $ 2,094.

The decisive rest on the neckline allows you to check this pattern and prepare the recovery price by the maximum height of the pattern. This is about $ 2,500 for ETH, up 35% from the current price.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.