Technical Analysis of Ethereum (ETH)
Analysis Date: April 2025
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Current Price 💲
Ethereum is currently trading near the level of $1,801.
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Support and Resistance Levels 🛡️
Main Support: at $1,750.
Secondary Support: at $1,350 (in case the main support is broken).
Current Resistance: between $1,800 and $1,850.
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Expected Targets 🎯
Bullish Scenario 🚀
Short-term Target: $1,850.
Medium-term Target: Breaking the $2,000 barrier.
Bearish Scenario 📉
If support is broken at $1,750:
First Drop: $1,537.
Second Drop: $1,350 as a previous strong support area.
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Important Notes 🧠
The continuation of positive momentum depends on the price remaining above the level of $1,750.
Breaking resistance at $1,850 may open the door for a strong upward wave.
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