Ethereum’s Future Uncertain: MakroVision Weighs In on Price Point Needs for Turnaround

Crypto analytics firm MakroVision offers insights into Ethereum’s recent performance, highlighting a lack of strong upward movement despite some gains. While the ETH price recovered from below $1,400 levels, it hasn’t reached the momentum seen in Bitcoin and Solana, according to the analysis. Analysts believe sustained growth will only occur if Ethereum breaks through previous lows. MakroVision pinpointed three key price levels: $1,730 for short-term support, $2,132 as a potential turning point for bullish activity, and resistance zones between $2,370 to $2,410 that could stall any advance.