Technical analysis of Ethereum (ETH) today, April 27, 2025:
Current price: approximately $1790.
Strong support: $1700.
Strong resistance: $2000.
Technical indicators:
RSI Indicator: at 54.6 (neutral with a slight buying bias).
MACD Indicator: negative (-29.20), indicating some continued selling pressure.
Moving averages:
20-day = $1705 (buy signal).
50-day = $1826 (sell signal).
200-day = $2753 (strong sell signal).
Overall trend:
Overall rating: neutral with a slight selling bias on the weekly and monthly.
Expected trading range: between $1750 and $1900.
Important note: If the $2000 level is breached, a strong upward trend may begin.