Ethereum is trading just above the important $2,000 psychological level, but 
the apparent stabilization may be deceptive. According to a technical analysis 
published on TradingView by crypto analyst RLinda, what looks like a recovery 
attempt is, in fact, a counter-trend correction, a bear market bounce that 
could be setting bulls up for a painful flush lower. Crypto Winter Tightens 
Its Grip RLinda&#8217;s analysis opens with a direct assessment of how the crypto 
winter is still in play and support might break down around $2,000. Technical 
analysis of the 2-hour timeframe chart shows that Ethereum has already printed 
a series of lower highs and lower lows following its rejection around $2,380 
in mid-March. The most recent lower low saw the Ethereum price drop to the 
$1,960-$1,990 zone over the weekend, which confirms that sellers are still 
battling for control, forcing the market into what RLinda describes as a 
counter-trend correction. Related Reading: Ethereum Accumulation Map Reveals 
Price Roadmap To $20,000 This type of correction often creates the illusion of 
recovery. Price begins to grind upward or move sideways, but within the 
context of a broader bearish structure. The charts reflect this clearly, with 
Ethereum now attempting a modest rebound after establishing a local bottom 
just below $2,000 over the weekend. Making matters worse is the macro backdrop 
relating to Bitcoin. Bitcoin, which had been staging what appeared to be a 
recovery attempt to $72,000 last week, has failed to hold those gains and 
reversed to as low as $65,810 over the weekend. Bears have reasserted control 
and Bitcoin&#8217;s weakness is cascading directly into altcoins. This, in turn, 
might cause the Ethereum price to bear the brunt of that spillover pressure in 
the coming days. Price Battlegrounds To Watch Out For The immediate focus on 
the 2-hour chart is a tight resistance cluster formed between $2,024 and 
$2,062. This zone coincides with multiple technical factors visible on the 
chart, including prior support turned resistance, Fibonacci retracement levels 
around 0.5 and 0.618, and a descending trendline pressing down on lower highs 
in March. Related Reading: Here’s The Latest On The US-Iran War And How It 
Could Affect Bitcoin, Ethereum Prices According to RLinda, Ethereum may test 
the 2025 to 2038 liquidity zones. A short squeeze would provide a good signal 
for a potential decline. Price resistance levels to watch in this case are at 
$2,025, $2,037, and $2,062. The point of interest (POI) at $2,062.50, which is 
also shown on the chart above, is the most important one. A retest of this 
resistance zone, followed by a false breakout and consolidation in the short 
zone, will confirm bear dominance. Should that confirmation materialize, it 
could create a counter-trend correction that leads to a new round of selling 
pressure that pushes the Ethereum price to a support point of interest around 
$1,900. At the time of writing, Ethereum is trading at $2,050. Featured image 
from Pixabay, chart from Tradingview.com

Brace For Impact: Ethereum Price Is Now Forming A Counter-Trend Correction

Bitcoin and altcoins sold off as the Monday US market open reflected traders’ 
fear over oil prices, US employment data and the future of the ​​US and 
Israel-Iran war.

Price predictions 3/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE

Washington Attorney General Nick Brown filed a civil lawsuit against 
prediction market platform KalshiEx LLC this week, alleging the company runs 
an illegal online gambling operation in violation of state law. Is Kalshi 
Legal in Washington State? AG Says No, Files Suit The complaint, filed in King 
County Superior Court, targets Kalshi‘s binary event contracts, […]

Washington State Targets Kalshi in Illegal Online Betting Lawsuit

According to polls conducted in the mid-to-late stretch of March 2026, U.S. 
President Donald Trump’s approval ratings have edged lower, weighed by the 
Iran conflict and ongoing economic concerns. At the same time, prediction 
markets tied to the prospect of Trump facing impeachment before his term 
concludes have registered a clear increase in activity this […]

Trump Impeachment Odds Rise to 70% on Polymarket Amid Falling Approval and Iran War Concerns

The XRP ecosystem has taken a major step forward in global adoption with its 
entry into the regulated United Arab Emirates market, following a landmark 
approval for Ripple in Dubai. This milestone marks the first time a 
blockchain-enabled payments provider has received such authorization in one of 
the world’s leading financial hubs, the Dubai International Financial Centre. 
This is a new level of regulatory recognition for crypto-based financial 
infrastructure. When Did Ripple Break New Ground In Middle East Financial 
Markets The builder of the XRP ecosystem, Ripple, has achieved a major 
regulatory milestone, becoming the first blockchain payment provider licensed 
in Dubai. An analyst known as XFinanceBull has revealed on X that Ripple 
established its Middle East headquarters in the Dubai International Financial 
Centre (DIFC) back in 2020. This is the region&#8217;s regulated financial hub 
connecting the Middle East, Africa, and South Asia. Related Reading: XRP 
Positioned At The Center Of Wall Street’s Tokenization Boom — Is A Rally 
Emerging? In March 2025, Ripple secured full approval from the Dubai Financial 
Services Authority (DFSA), representing a formal regulatory license rather 
than a simple partnership announcement. That groundwork has now translated 
into real adoption. Zand Bank and Mamo are already utilizing Ripple payments 
within the UAE. At the same time, Dubai launched its real estate tokenization, 
with title deeds expected to integrate with the XRP ledger. Further 
strengthening its position, Ripple&#8217;s stablecoin is now recognized within the 
DIFC framework, placing it inside a regulated financial ecosystem. With the 
Middle East investing trillions in next-generation financial infrastructure, 
Ripple&#8217;s early and active presence in the region underscores its strategic 
positioning. XFinanceBull concluded that this is why XRP remains on his radar, 
even during a broader market slowdown. The SBI Remit is ramping up its 
partnership with Ripple, betting big on digital technology to transform how 
money moves across borders worldwide. Crypto Trader Skipper stated that as 
global cross-border payment flows continue to expand, Ripple&#8217;s platform is 
opening new revenue streams. By leveraging Ripple&#8217;s infrastructure, 
transactions that were once slow and expensive are becoming faster and more 
seamless. Whether it&#8217;s individuals sending money to family abroad or 
businesses managing international payments, the technology is streamlining 
processes that have traditionally faced significant friction. This development 
has underscored a broader shift in the financial landscape, with real-world 
adoption of Ripple&#8217;s XRP blockchain-based payment solutions accelerating. An 
established player like SBI Remit is leading the charge to modernize 
remittances. Franklin Templeton Signals Strong Outlook For XRP Trader Skipper 
has also noted that the global investment giant Franklin Templeton sees a 
strong outlook for XRP, emphasizing that the asset is doing far more than 
simply surviving the industry challenges. Related Reading: Pundit Says Real 
XRP Adoption Is Here, What Investors Are Missing Furthermore, the firm&#8217;s 
digital assets leadership pointed out that XRP&#8217;s strength lies in years of 
investment capital to partner with real-world businesses, as countries build 
their digital economies. At the center of this progress is Ripple, which 
continues to build out infrastructure, and its ongoing work aligns with how 
nations are embracing digital finance. Featured image from Adobe Stock, chart 
from Tradingview.com

Cryptocurrency price in TWD