$ETH
Ethereum (ETH) : Technical stabilization before a possible return of the bullish trend
Date : April 2025
Writer : Crypto Info
Source : Binance data, TradingView, public analyses
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1. Current market context
Ethereum, the second largest cryptocurrency by market capitalization, is facing a period of stabilization after an intense year in 2024, marked by crypto ETFs, debates around EIP-4844, and increasing adoption in the DeFi and AI sectors.
As of April 23, 2025, ETH is trading around $1,795, moving in a narrow sideways channel. The market seems to be waiting for a major catalyst.
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2. Technical analysis (Binance data)
a) Key levels
• Short-term support: $1,688
• Major resistance: $1,820
• Congestion zone: between $1,750 and $1,800
b) Technical indicators
• RSI (14 days): 53 — in neutral zone, no major divergence
• MACD: Slight bullish crossover in progress, but without decisive volume
• 50-day moving average: Positioned above the current price, acting as dynamic resistance
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3. Scenarios for the coming months
Bullish scenario:
• In case of a breakout above $1,820, ETH could regain positive momentum with targets at $2,000 and then $2,220.
• If the crypto market enters a global bullish phase
