🔹 Ethereum (ETH) – 24-Hour Brief Analysis (April 22–23, 2025)
Current Price: $1,638
Expected Range: $1,588 – $1,638
24-Hour Change: +1.08%
Resistance Levels: $1,630 – $2,000
Support Levels: $1,570 – $1,500
📈 Market Outlook:
Ethereum is showing a short-term bullish trend. Analysts expect slight growth, with prices stabilizing around $1,588 over the next 24 hours.
🛠 Key Developments:
The upcoming Pectra upgrade on May 7 is boosting market confidence.
Vitalik Buterin’s proposed EVM performance improvements are viewed positively for Ethereum’s long-term prospects.
⚠️ Risks:
The price may be entering an overbought zone, suggesting a possible short-term correction.
💡 Conclusion:
The outlook for Ethereum is cautiously optimistic. The price is expected to fluctuate between $1,588 and $1,638. Short-term traders should remain alert.