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Breaking News: A Stark XRP Price Call: Why One Analyst Says It Could Be Under $1 By 2031

Ethereum Sees First SuperTrend Bullish Flip In Over A Year

Keshav Verma
Keshav Verma
Last Updated: April 22, 2026 4:00 am
2 mins read
Ethereum

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A cryptocurrency analyst has highlighted how the SuperTrend for the daily Ethereum price has seen its first bullish flip in over a year.

Ethereum SuperTrend Is Now Giving A Buy Signal

In a new post on X, analyst Ali Martinez has discussed the latest development in the SuperTrend of Ethereum. The “SuperTrend” here refers to an indicator that tells us whether an asset is following a bullish or bearish trajectory right now. It’s based on another indicator known as the Average True Range (ATR), which measures the volatility of the cryptocurrency’s price.

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The SuperTrend involves only one trendline, which takes turns acting as resistance and support, depending on which side of it the asset is trading. The price moving under or above this line can indicate a flip of trend in the market.

Now, here is the chart shared by Martinez that shows how the SuperTrend has looked for the 1-day Ethereum price over the past year and a half:

Ethereum SuperTrend
The price of the coin seems to have surged above the indicator in recent days | Source: @alicharts on X

As displayed in the above graph, the 1-day Ethereum price was trading under the SuperTrend line since Q4 2025, but the latest market recovery has meant that the trend has finally flipped for the cryptocurrency ranked second by market cap.

The shift toward a bullish trend in the indicator has arrived for the first time since the first half of 2025. Back then, the flip led into a bull rally. Given that the signal has once again arrived for ETH, it now remains to be seen whether it will hold for the asset this time as well or if it will turn out to be a temporary deviation.

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While the SuperTrend has flipped for Ethereum, Bitcoin hasn’t been so lucky. As the analyst has pointed out in another X post, Bitcoin is yet to see its daily price break the SuperTrend resistance line. As such, at least from the perspective of the indicator, the Bitcoin recovery surge hasn’t been of a scale large enough to flip the trend.

Bitcoin SuperTrend
BTC has come close to breaking past the SuperTrend line | Source: @alicharts on X

In some other news, the US Ethereum spot exchange-traded funds (ETFs) have been enjoying net inflows recently, according to data from SoSoValue.

Bitcoin Spot ETFs
The trend in the US spot ETF netflows for ETH | Source: SoSoValue

From the chart, it’s visible that the Ethereum spot ETF netflow has been green for eight consecutive days now, indicating that demand has consistently been flowing into the market via these investment vehicles.

ETH Price

At the time of writing, Ethereum is trading around $2,300, down over 3% in the past week.

Ethereum Price Chart
The price of the coin seems to have declined from last week’s high | Source: ETHUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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