Ethereum Price Analysis – April Momentum Watch

$ETH is showing strong signs of recovery, currently trading around $3,500 with nearly 20% gains recently. The rally follows Bitcoin’s momentum and growing excitement around Ethereum's role in DeFi and upcoming network upgrades.

Key Technical Insights:

ETH has broken out of a consolidation range.

Trading above key moving averages (50 & 200 EMA) — a bullish signal.

Volume and market sentiment support continued upside.

My Opinion:

If ETH holds above the $3,400 level, a move towards $3,800–$4,000 could follow soon. Still, caution is key as the market remains sensitive to macro developments.

What’s your ETH price prediction this week?

#Ethereum #ETH #Crypto #DeFi #BinanceSquare #TechnicalAnalysis