#MarketRebound

Technical Analysis of Ethereum – Wednesday, April 23, 2025

ETH is experiencing a strong rise and breaking through the resistance level of $1,700!

The price is now at $1,816 with clear buying momentum. Here’s what you need to know:

Trend:

Clearly bullish after breaking the double bottom pattern.

Supports:

• $1,720 (strong support from the breakout)

• $1,650 (previous bottom)

Upcoming resistances:

• $1,850

• $1,920

• Psychological target: $2,000