Ether needs to reclaim the “macro” range above the $2,200 mark to amass more upside momentum as crypto markets remain pressured by global macroeconomic concerns until at least the beginning of April.
Ether (ETH) price is down over 51% during its three-month downtrend after it peaked above $4,100 on Dec. 16, 2024, TradingView data shows.
ETH/USD, 1-day chart. Source: Cointelegraph/TradingView
To stage a reversal from this downtrend, Ether price needs to reclaim the “macro range” above…
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