As of April 29, 2025, Ethereum ($ETH ) is trading at approximately $1,822.70, reflecting a modest intraday gain of 0.87%.
📊 Technical Overview
• Support Levels: Key support is identified around $1,780, with stronger support near $1,750.
• Resistance Levels: Immediate resistance is at $1,810, with a significant barrier at $1,850. 
• Indicators:
• RSI: Currently at 52, indicating neutral momentum.
• MACD: A bearish crossover on the 1-hour chart suggests potential downward pressure. 
🐋 Market Activity
Recent whale activity includes a $27 million ETH transfer, highlighting market uncertainty. 
🔮 Outlook
Ethereum’s ability to maintain levels above $1,800 suggests resilience. However, breaking through the $1,850 resistance is crucial for a bullish continuation. Traders should monitor these levels closely for potential breakout or reversal signals.
