Gartner stock price has crashed in the last 12 months, moving from a high of $584 in February to the current $246. Its market capitalization has crashed from over $45 billion to $18.25 billion today. It has also formed a bearish pattern, pointing to more downside. 

Gartner stock price has formed a risky pattern

The weekly timeframe chart shows that the IT stock crashed from a high of $584 to the current $246 as co333ncerns about artificial intelligence replacing its business continued.

This chart shows that the stock formed a death cross pattern, which happens when the 50-week and 200-week moving averages cross each other. It is one of the most common bearish continuation patterns in technical analysis.

The stock has moved below the Supertrend indicator, and most importantly, it has formed a bearish flag pattern, which is shown in orange. This pattern is characterized by a long vertical line and a consolidation.

Therefore, the most likely scenario is where the IT stock will continue falling as sellers target the key support level at $200, down by about 20% below the current level.

Garner is at risk of AI disruption 

The Gartner stock price has plunged in the past few months as concerns about AI disruption continue. Analysts believe that the company’s research business may be disrupted as some AI models can come up with them.

READ MORE: Archer Aviation stock: Is this eVTOL giant a good buy this year?

However, the reality is companies will still need independent reports because of its expertise and the human element. It is also seeing more demand for help with AI. The company’s conferences and consulting services will also continue seeing resilient growth.

The most recent results showed that Gartner’s revenue rose by 2.7% in the third quarter to $1.5 billion. However, its net income dropped by 92% to over $35 million, while its operating free cash flow dropped by nearly 50% to $299 million.

Most of its revenue came from its insights segment. Its conferences business made $74.6 million from $75.6 million, while its consulting segment made $123.6 million from $127.6 million.

Wall Street analysts believe that the company’s business will continue struggling in the coming quarters. Data compiled by Yahoo Finance shows that the company’s revenue will be $1.76 billion, up by 1.89% YoY. This revenue growth will bring the annual revenue to $6.49 billion, up from 3% from the same period last year.

Analysts then expect the company’s revenue will come in at $6.7 billion, up by 3.36% YoY. They expect the earnings per share (EPS) to normalize this year, with the earnings per share rising to $13.47.

Gartner has become a bargain. Its forward price-to-earnings ratio has dropped to 19.2 from the sector median of 25.60 and its five-year average of 35. 

Therefore, fundamentally, the company will likely continue doing well, which may lift its outlook. As such, chances are that its will drop in the near term and then bounce back in the longer term. This explains why the current price is lower than the average estimate of $283.

READ MORE: Joby Aviation stock forms a rare pattern: why it may surge in 2026

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DocuSign stock price has crashed into a technical bear market after crashing by ~35% from its lowest point in 2025. It has slumped even as the S&P 500 and Nasdaq 100 indices jumped to their all-time highs. So, will the stock continue falling, or will it rebound as analysts remain cautious?

DocuSign stock has crashed as investors remain cautious

Wall Street analysts are getting cautious about DocuSign, a company that thrived during the pandemic. Data compiled by MarketBeat shows that the consensus target for the stock has been falling in the past 12 months.

12 months ago, the consensus DocuSign stock price target was $92, a figure that has constantly dropped to $85. This target is about 25% above the current level. 

A closer look at analyst trends shows that trends among analysts have worsened in the past few months. For example, an RBC analyst dropped his target from $95 to $70, while Evercore ISI cut the target from $92 to $80.

UBS, Wedbush, Wells Fargo, Piper Sandler, JPMorgan, Bank of America, Zacks, and Jefferies have all slashed their targets in their recent statements. These analysts believe that the company has little upside going forward as its demand softens.

DOCU’s business remains under pressure

DocuSign’s business has come under pressure in the past few years as it faces substantial competition pressure. For example, top companies like Box, Dropbox, Google, Adobe, Zoho, Microsoft, and PandaDoc have launched similar products. 

Additionally, the company’s growth trajectory has continued slowing in the coming years. Data compiled by Yahoo Finance shows that the average estimate is that its annual revenue growth this year will be 7.86% to $3.2 billion. This growth will be lower than the double-digit growth it experienced a few years before that. For example, its revenue grew by 45% in 2021, 19% in 2022, 9.78% in 2023, and 7.78% in 2024. 

Wall Street analysts believe that the company’s revenue growth this year will be 6.90%. This slowdown will continue in the coming years, turning the company from being a growth stock to a value stock.

The most recent results showed that the company’s business rose by 8% to $818 million, while its billings rose by 10% to $829 million. Also, its operating margin moved to 31.4%.

One major positive catalyst for the DOCU stock price is that the company has become undervalued. Data compiled by Seeking Alpha shows that its forward price-to-earnings ratio of 17, lower than the sector median of 25, and its five-year average of 56.

However, the rule-of-40 metric shows that the company’s growth and margins don’t add up. Data shows that its forward guidance stands at 7%, while its forward operating margin is about 29%. Its net income margin is 9.5%. Therefore, the rule-of-40 metric is much lower than the important metric of 40.

DOCU stock price technical analysis 

The daily timeframe chart shows that the DOCU stock price has crashed from a high of $107 in December 2024 to the current $69.

A closer look shows that the stock has remained below the 50-day and 100-day Exponential Moving Averages (EMA). 

The Supertrend indicator has remained in the red and inside the descending channel. A closer look shows that the stock is in the process of forming a falling wedge pattern, which is made up of two descending and converging trendlines.

The two lines of the wedge pattern have a long way to go before their convergence, meaning that the stock has more downside in the near term. This retreat will happen as the two lines approach their convergence. It will then rebound when the convergence nears.

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Joby Aviation stock price has retreated in the past few months as investors prepare for its most important year as it moves towards commercialization. It was trading at $15.50 this week, down by ~26% from its highest point in 2025. This article explores whether the JOBY stock is a good buy or whether it is safe to stay in the sidelines.

Joby Aviation has made progress as it moves towards commercialization

Joby Aviation is one of the handful of companies working on the Electric Vertical Takeoff and Landing (eVTOL) industry. The other top companies building these solutions are Archer Aviation and Wisk Aero.

Joby has spent the last few years raising money, building its products, seeking certification, and making deals with potential customers. It has raised funds from companies like Toyota, Uber, Delta, and SK Telecom. 

Toyota, one of the biggest manufacturing companies globally, has become its core investor. It will help it improve its manufacturing process over time. 

At the same time, it has achieved major regulatory milestones, and analysts anticipate that it will receive full approval later this year. This approval will help it start selling its aircraft and then running its air taxi business.

The company has also built its manufacturing locations, and this week, it acquired a 700,000 square foot location in Ohio. It hopes that this plant will start producing four aircraft from 2027. This space is in addition to the other one in California, where its operations will start later this year. Its California plant will also make 24 aircraft per year. 

Once launched, Joby Aviation will make money by operating an air taxi service in the United States and other countries. It will also sell its aircraft, which will have speeds of up to 200 mph and have a range of ~150 miles. 

Joby has already inked deals with companies like Uber and Delta. It has also acquired Blade Air Mobility, a company that offers air taxi solution. With this buyout, Joby aims to introduce its aircraft to scale its operations, giving it an edge over other companies like Archer Aviation.

JOBY faces major risks ahead

Joby Aviation faces major risks ahead. One of its main risks is that this is a new industry that is yet to be tested. Estimates are that the air taxi business will continue growing and reach over $14 billion by 2032 from $2.8 billion in 2023.

However, these estimates are based mostly on hypotheticals as the industry is still in its infancy. 

READ MORE: 5 reasons why Joby Aviation stock has surged, and why it may crash 40%

The other major risk is its dilution, which will likely happen as it raises money to fund its profitability. Its outstanding shares have jumped from 604 million in 2021 to the current 874 million. 

At the same time, the company will likely continue burning money in the coming years. This cash burn will likely lead to more need for resources in the next few years.

Joby Aviation stock technical analysis 

The weekly chart shows that the JOBY share price has rebounded in the past few months. It has rebounded from a low of $5 in April last year to $21 in September.

On the positive side, the stock has formed a giant bull pennant pattern, which is made up of a vertical line and a symmetrical triangle. The two lines of this triangle. 

Therefore, the most likely scenario is that the stock will likely have a strong bullish breakout this year. If this happens, the next key resistance level to watch will be at $21, up by 35% above the current level.

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Archer Aviation stock has moved into a bear market, moving from the October high of $14.60 to the current $8.42. This retreat happened as sentiment among investors in the eVTOL industry faded. This article explores whether the stock has more upside or downside this year.

Archer Aviation is gearing towards major milestones 

Archer Aviation is a top player in the electric vertical takeoff and landing (EVTOL) industry, where it is building products for commercial and defense solutions.

The company’s flagship product is Midnight, which will be able to carry four passengers, a payload of 1,000 pounds, and a range of above 100 miles.

Archer has achieved a lot of progress over the years as analysts predicted that the industry will continue doing well over time. One analyst estimated that the air taxi business will make over $30 billion annually in 2032, much higher than what it is making now.

Therefore, the industry will be dominated by a few key companies because of the lengthy and expensive process of launching an air taxi. In this case, the top companies to watch will be Archer Aviation and Joby Aviation, which will likely launch their commercial products in 2026 and 2027.

Archer Aviation has made major milestones in the past few years, with the Midnight plane reaching 55 miles and reaching an altitude of 10,000 ft. The certification by the Federal Aviation Authority (FAA) will likely be provided later this year or in 2026.

Archer Aviation is also working with other regulators, including the United Arab Emirates (UAE), one of the top players in the industry. It is also working with other countries like Japan, Indonesia, and South Korea.

Archer Aviation has also achieved other major milestones, including receiving millions of dollars from Stellantis, the parent company of Jeep and Chrysler. One approach for the funding is that it will provide it with manufacturing funds, which will be reimbursed through share issuances.

The company’s fundraising helped it end the third quarter with over $1.6 billion in cash and short-term investments. Its results showed that its net loss came in at $129.9 million, a $76 million improvement from the same period a year earlier.

Major risks and opportunities  ahead 

Archer Aviation stock price faces major risks and opportunities ahead. The most important opportunity is that it will receive authorization by the FAA, which will allow it to start making money in the United States and other countries.

Archer has also made major deals with other countries, including Saudi Arabia, one of the most important markets. At the same time, the company acquired control of Hawthorne Airport.

However, the company faces other potential risks, including the fact that the short interest has jumped to 12.35%, much higher than other companies, including Joby Aviation’s 6%.

Another risk is that it will likely continue diluting its shareholders. Its outstanding shares have jumped to 651 million, up sharply from 170 million in 2022. 

Archer Aviation stock price technical analysis 

The three-day chart shows that the ACHR stock price rebounded from a low of $2.81 in September to a high of $14.65 in October last year. 

It is now consolidating at the 100-day Exponential Moving Average (EMA). On the positive side, it has formed a bullish flag pattern, which is made up of a vertical line and a channel.

It is now slightly above the lower side of the channel. Therefore, chances are that it will rebound and possibly retest the channel’s upper side of the channel at $14.70.

READ MORE: Archer Aviation stock warning: why experts call it ‘an invitation to your funeral’

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Ondas stock price continued its strong rally this week, soaring to its highest level since February 2021. It has been one of the best-performing companies in Wall Street, with its stock soaring by 2,430% from its lowest level in 2024, and its market capitalization moving to over $5.2 billion.

Why Ondas stock price has soared 

Ondas stock price continued its strong rally after a report showed that the Israeli Ministry of Defense had selected its solutions to deal with its border security.

The government is working on the development and deployment of ‘Drone Hives’ made up of autonomous unmanned aircraft. Airobotics, its subsidiary, will supply these drones. It is also highly likely that its other solutions, like Iron Dome and Roboteam will have a role in this initiative.

Ondas stock also jumped after Donald Trump announced that he would be seeking more money for the military. He hopes to raise spending from nearly $1 trillion today to over $1.5 trillion, much higher than other countries, combined.

Trump hopes that his tariff revenue will help to offset the debt increase over time. Still, it is unclear whether the House of Representatives and the Senate will pass the bill. What is clear, however, is that the military may see a big increase in spending over time.

One area expected to keep growing is in the drone segment, where the company shines. As such, the company will likely see more demand from the United States government. Besides, Trump has put restrictions on foreign drones.

Ondas stock also jumped after the management announced it would change its name from Onda Holding to Ondas Inc and move its business from California to Florida.

The company also published encouraging financial results. Its numbers showed its revenue rose six times to $10.1 million, helped by its OAS business and its acquisitions.

Wall Street analysts are optimistic that the growth momentum will continue. For example, the average estimate is that its revenue jumped by 324% in the last quarter to $17.4 million, with its annual figure coming in at $38 million, up by 430% YoY. It will then make $140 million this year, a 266% annual increase.

At the same time, analysts believe that the earnings per share (EPS) will improve to a 19-cent loss this year, followed by 1 cent this year. This growth will likely accelerate in the coming weeks or years.

Additionally, there is optimism that the company’s balance sheet means that it will not need to raise cash again through share sales. It ended the last quarter with $855 million in cash, which it raised through four equity offerings.

The risk, however, is the company’s business has become highly overvalued as its market capitalization has jumped to over $5 billion. 

Ondas share price technical analysis 

Ondas stock chart | Source: TradingView

The weekly chart shows that the Ondas stock price has been in a strong uptrend in the past few months, moving from a low of $0.2950 in 2024 to the current $14.

It recently moved above the important resistance level at $11.7, its highest level in October this year. Moving above that level means that the stock invalidated the bearish double-top pattern, one of the riskiest signs in technical analysis.

The stock moved above all moving averages and their Supertrend indicator. However, the Relative Strength Index (RSI) has moved to the overbought level.

Therefore, the most likely scenario is where the stock retreats and retests the support level at $11.71. Such a move will be a sign of continuation, which will push the stock to $20 later this year. However, there is a risk that it will retreat later this year  

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The crypto market remained on edge on Friday as traders waited for the upcoming US non-farm payrolls (NFP) data. These numbers will provide more information about the state of the economy and what to expect from the Federal Reserve. This article provides a forecast for some popular tokens like Maple Finance (SYRUP), Tezos (XTZ), and Pepe Coin.

Maple price technical analysis

Mape Finance is a top player in the decentralized finance industry, which provides a platform for users to generate returns. It does that by offering an on-chain asset management platform that has accumulated over $4.29 billion in assets.

The daily timeframe chart shows that the SYRUP price has done well in the past few days as its TVL has jumped. It moved from a low of $0.2385 in December to the current $0.03970, its highest level since November 17.

The token remains inside the descending channel whose upper side links the highest and lowest levels since June last year. This channel is part of the bullish flag pattern, which is made up of a vertical line and a descending channel.

The Supertrend indicator has turned green, while the Relative Strength Index (RSI) and the MACD indicators have all pointed upwards.

Therefore, the most likely Maple price prediction is highly bullish, with the next key target being the real psychological level at $0.50, which is about 26% above the current level. A move to that level will be confirmed if it moves above the upper side of the descending channel.

Tezos price prediction 

Tezos has been one of the biggest flops in the crypto industry. It is a layer-1 network whose goal is to give developers a working platform to build applications. Its goal is to be a good rival to Ethereum.

Tezos price has been in a strong downward trend in the past few months as developers have largely ignored its platform. Data shows that it has a total value locked (TVL) of just $35 million, down from $207 million in 2022. Its stablecoin supply has dropped to just $54 million.

Tezos price dropped and bottomed at $0.424, its lowest level on December 18. It has now bounced back after forming a triple-bottom pattern whose neckline is at $1.215, its highest point in 2025.

The Relative Strength Index has moved close to the overbought level of 70, while the Average Directional Index has jumped to 34, a sign that the uptrend is gaining momentum.

Therefore, the most likely Tezos price prediction is a bit bullish, with the next potential target being at the psychological level at $1, which is about 75% above the current level. A drop below the key support level at $0.479 will invalidate the bullish outlook.

Pepe Coin price technical analysis 

Pepe Coin price started the year well, rising from a low of $0.000003573 in December to a high of $0.000007265. This surge coincided with the strong gains made by meme coins, including the popular names like Shiba Inu and Bonk.

The token has now pulled back and dropped for five consecutive days. This retreat happened as investors booked profits and as sentiment in the crypto industry waned.

On the positive side, the coin remains above the 50-day Exponential Moving Average, while the Supertrend indicator has remained in the green.

Therefore, the most likely scenario is where the coin rebounds in the coming days, potentially to the key resistance level at $0.000010. 

The bearish outlook will become invalid if it drops below the key support level at $0.0000050, its highest swing on December 9.

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Coinbase stock price has sunk into a technical bear market in the past few months as sentiment in the crypto industry waned. It was trading at $250 on Tuesday, down sharply from the July high of $444. This article explores what to expect in the coming weeks.

Coinbase stock price faces major risks ahead 

The daily timeframe chart shows that the COIN stock price has crashed in the past few months, mirroring the performance of other companies in the crypto industry like Circle and Bakkt.

It has moved below the important support level at $292, its lowest level in August and September last year. Worse, it has already formed a death cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) have crossed each other.

The stock has moved below the Supertrend indicator, a sign that bears are in control for now. The last time this happened was in December 2024 and it plunged by 45% after that.

COIN stock price chart | Source: TradingView

Therefore, the most likely scenario is where the stock continues falling, potentially to the key support level at $225, its lowest level last week. A move below that level will point to more downside to the psychological level at $200.

Coinbase is facing major headwinds 

Coinbase stock price is facing major headwinds that may drag it lower in the near term. One of these challenges is that the company is relatively overvalued, with its forward price-to-earnings (PE) ratio being 33, much higher than the sector median of 11 and the S&P 500 Index average of 22.

The other major risk is that competition in the industry is soaring, with more companies entering the sector. For example, companies like SoFi, Charles Schwab, and Vanguard are entering the industry. These companies may push the company to cut its fees in the near term.

Meanwhile, analysts anticipate that the company’s business will remain under pressure, with the upcoming earnings expected to show that its revenue dropped by 15.5% to $1.92 billion. They also expect the revenue in the current quarter to come in at $1.96 billion, down by 4.38% from the same period last year.

On the positive side, analysts believe that the stock will rebound over time. Data compiled by MarketBeat shows that the consensus target for the stock is $377, up by 50% from the current level.

In a recent note, Sanford analysts expect the stock to hit $440, while Goldman Sachs sees it rising to $303. Cantor Fitzgerald analysts see it rising to $320x while BTIG expects it to hit $420.

The potential catalyst for the stock is that it recently launched its predictions market through a partnership with Kalshi, the biggest company in the industry. 

It is also expanding its business to the stock market by leveraging tokenization technology. This is a good move as it will help it become a trading ‘supermarket’, allowing customers to trade various assets.

The other potential catalyst that may help to offset its weakness is its growing suite of products, which includes its stablecoin, custody, staking, and subscription. Its subscription and services revenue stood at $746 million in the third quarter, a sizable amount considering that its transaction revenue rose to $1.04 billion.

READ MORE: Coinbase stock forecast as Brian Armstrong reveals 3 focus areas for 2026

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Sandisk stock price jumped by over 27% on Tuesday, reaching its all-time high, and continuing the bull trend that started in April, when it bottomed at $28.80. It has soared by over 43% this year, making it the best-performing company in the S&P 500 Index.

This article explores why Murrey Math Lines tool points to more upside, potentially to the key resistance at $500.

Sandisk stock has jumped as storage demand soared

Sandisk is a top player in the technology industry, where it offers products like SSDS, memory cards, USB flash, and embedded & removable solutions. Its top clients include companies like Accenture, Pure Storage, and Target.

The company’s business has done well as demand for memory solutions has soared in the past few years. Other large companies in the industry like Western Digital, Seagate, and Micron, have also soared and were the best performers in the S&P 500 Index.

The most recent results showed that Sandisk’s business continued doing well, helped by the growing data center industry and the PC refresh cycle, and by Windows 11 adoption.

The results showed that the company’s data center revenue rose to $269 million, up 26% from the previous quarter. Also, its edge business made $1.38 billion, up by 26% QoQ, while the consumer revenue rose by 11% to $652 million.

The total revenue rose to $2.30 billion, up by 23% from the same period a year earlier. Also, the operating income rose by 145% QoQ to $245 million, while the adjusted free cash flow rose to $448 million.

The management believes that the company has more room to grow because of the elevated demand. Also, analysts expect the upcoming results to show that its revenue will rise by 40% to $2.61 billion.

The average estimate for the year is expected to come in at $10.56 billion, up by 43% YoY. They also expect the coming year’s revenue to be 24.5% to $13.17 billion. 

Sandisk’s earnings per share (EPS) is expected to continue growing, coming to $13.25 this year and $21.1 in the coming one.

Wall Street analysts believe that the company has become highly overvalued. The average estimate is that the stock will slip to $269, down from the current $349. Similarly, another survey by MarketBeat shows that the consensus target for the stock is $213, also representing a big drop to $349.

One reason for this is that the company has become highly overvalued as its market capitalization jumped to over $51 billion. Another risk is that the company is facing substantial competition from other companies like Western Digital, Samsung, and SK Hynix.

Sandisk share price technical analysis 

The daily timeframe chart shows that the SNDK stock price has surged from a low of $28.80 last year to the current $350. It soared and crossed the important resistance level at $282, its highest level on November 12. Moving above that level is important as it invalidated the double-top pattern.

The stock has moved above all moving averages and the Supertrend indicator, a sign that bulls are in control. It is also approaching the strong, pivot and reverse level of the Murrey Math Lines.

Oscillators like the Relative Strength Index (RSI) and the Stochastic have continued rising. Therefore, the stock will likely continue rising as bulls target the ultimate resistance level at $500c up by 43% above the current level. A drop below the support at $282 will invalidate the bullish outlook.

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BT Group share price has remained under pressure, even as the FTSE 100 Index has jumped to a record high. It has dropped by 4% in the last six months, while the Footsie has jumped by 14%. This article explores what to expect this year.

BT Group share price technical analysis 

The daily timeframe chart shows that the BT stock price has pulled back in the past few months. It has dropped from a high of 215p in August last year to the current 179p. 

The stock has moved below the 50-day and 100-day Exponential Moving Averages (EMA). Dropping below these averages is a sign that bears have prevailed.

Most importantly, it has formed an ascending channel whose levels test the key support and resistance levels since November 25. This channel is part of the formation of the bearish flag pattern, a common bearish continuation sign.

It also remains below the Supertrend indicator, one of the most common bearish charts in technical analysis. Therefore, the most likely scenario is where it makes a bearish breakout, with the initial target being at 170.70, its lowest point in November. A drop below that price will point to more downside, potentially to the extreme oversold level at 162.5p.

On the flip side, a move above the upper side of the channel at 187p will invalidate the bearish outlook and point to more gains, potentially to the Major S/R Pivot Point at 200p. 

BT share price chart | Source: TradingView

BT faces major headwinds 

BT Group is making major milestones as the management continues to turn around its business. One of the approaches is to exit its international business, which will help it to refocus on the UK.

BT continued this process this week when it sold a specialized unit serving US federal institutions to 22nd Century Technologies. The deal will help the company focus on the UK and for BT International to operate as an independent unit. 

The company is also cutting costs, a process that will accelerate in the coming years. It has laid off workers, and the management expects that its workforce will be much lower in the future. As a result, costs in the year’s first half dropped by 3% to £8.3 billion.

Additionally, capital expenditure will continue falling over time now that Openreach’s solutions are in most parts of the country. 

On the other hand, BT Group’s finances show that its business is no longer growing as competition rises. Revenue dropped by 3% in the year’s first half because of the ongoing weakness in its legacy business. 

Service revenue in the country fell by 1% as the legacy voice business coincided with the softer retail pricing. The company’s profit before tax also declined by 11% to £862 million. 

City analysts expect that the company’s business to continue slowing down. The average estimate among analysts is that the company’s annual revenue in the FY’26 will be £19.82 billion, down from £20.3 billion a year earlier. They also expect the revenue to drop to £19 billion and £19.6 billion in the next two financial years. 

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Ethereum price retreated for three consecutive days, erasing some of the gains made earlier this month. ETH dropped to $3,152, down from this year’s high of $3,300. This article explores the top reasons why ETH price will eventually rebound this year.

BitMine Ethereum purchases

One main reason why the Ethereum price may rebound this year is because of the aggressive purchases by BitMine, the company that Tom Lee runs. 

BitMine has been the most aggressive Ethereum buyers in the past few months. It has bought 278,551 coins in the last 30 days, bringing its total purchases to 4.14 million coins worth over $13 billion. 

The company has more room to go in its Bitcoin purchase as it hopes to accumulate 6 million coins over time. There is also a slim chance that it will boost its target, especially if it manages to increase its share capacity from 500 million to 50 billion. 

Ethereum will launch two major upgrades this year

The other bullish catalyst for the Ethereum price is that the developers will implement the Glamsterdam and Hegota upgrades later this year. These will be the most important upgrades after the developers implemented the Fusaka upgrade in December.

Glamsterdam aims to improve fairness, predictability, and trustlessness in block building. For example, the upgrade will enshrine proposal-builder separation to mitigate MEV centralization risks.

The upgrade will also introduce deterministic block-level access lists for more predictable execution. It will also introduce benchmarked gas repricing. 

The Hegota upgrade will introduce verkle trees, which will reduce node storage requirements. Its goal will be to enhance fairness and predictability. It is common for cryptocurrency prices to rise before and after major upgrades. 

Growing market share in key industries

The other notable catalyst forthe  Ethereum price is that the network’s market share continues growing in key areas. The most important one in all this is in the real-world asset (RWA) tokenization, where its assets jumped to over $12 billion. 

This growth continued last month when JPMorgan analysts launched the first tokenized fund on the network. Other companies are now using Ethereum, including large names like Janus Henderson and WisdomTree.

The decentralized finance (DeFi) industry will likely continue rising in the near term. Its total value locked (TVL) has jumped to over $147 billion, while its bridged TVL jumped to over $465 billion. 

ETH ETF inflows

Ethereum price may also benefit from the upcoming ETF inflows. Data shows that spot Ethereum ETFs have added over $358 million in inflows, reversing the losses in the previous two months. 

This ETF inflow growth will likely continue rising now that Morgan Stanley has filed for a spot ETH ETF. This is notable as it is one of the biggest companies in Wall Street with over $1.8 trillion in assets under management. 

Macro factors have a role to play this year, with the Federal Reserve expected to continue cutting interest rates. Also, the Senate will likely pass the CLARITY Act.

Ethereum price technical analysis 

The twelve-hour chart shows that the ETH price has done well in the past few months, moving from a low of $2,768 in December to the current $3,155.

It has formed a double-bottom pattern, a popular bullish reversal chart pattern whose neckline at $3,478. The coin has moved above the 23.6% Fibonacci Retracement level. 

Ethereum has also formed an ascending triangle pattern. Therefore, the token will likely continue rising as bulls target the key resistance level at $4,000. This rebound will be confirmed if it moves above the key resistance level at $3,478.

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