#EthereumFuture

⚡ Ethereum breaks resistance level and prepares for a new rally amidst a sudden surge in network activity ⚡🔥

* In a notable development indicating a potential change in market direction, Ethereum (ETH) has seen a significant increase in activity on its network, coinciding with its breach of a technical resistance level that had limited its gains over the past two weeks, which enhances expectations of a new bullish wave.

Analytical data published by the expert on the "CryptoQuant" platform, Carmelo Aleman, revealed:

- That the number of active addresses on the Ethereum network rose by nearly 10% during the period from April 20 to April 22, climbing from about 306,000 to over 336,000 addresses. This increase is viewed as a signal of renewed interest from users and investors, especially amid supportive price movements.

* After a period of volatility within a narrow range, ETH successfully surpassed the resistance level of $1,650, driven by strong buying momentum that broke the technical barrier and rose above $1,790, marking an exit from the stagnation that prevailed since mid of this month.

* Conversely, the Moving Average Convergence Divergence (MACD) indicator shows initial signs of a trend shift towards bullishness, while the Stochastic RSI approaches its peak, which may indicate the possibility of a temporary pullback unless buying momentum renews.