Accurate Technical Analysis of Ethereum (ETH) – Today, April 30, 2025

🌷🌷🌷🌷🌷🌷🌷🌷🌷🌷

🌺Current Price:

Price: $1759.41

Daily Change: -$63.40 (-3.48%)

Highest Price Today: $1828.65

Lowest Price Today: $1748.61

🌺Overall Trend:

Technical indicators suggest a bearish trend on the daily timeframe.

🌺Moving Averages:

20-Day Average: $1729.47 – Buy Signal

50-Day Average: $1876.64 – Sell Signal

100-Day Average: $2183.39 – Sell Signal

200-Day Average: $2531.82 – Sell Signal

🌺Momentum Indicators:

RSI (14): 54.51 – Neutral

MACD: -4.63 – Sell Signal

Stochastic RSI: 83.06 – Sell Signal

Williams %R: -16.17 – Sell Signal

CCI (14): 110.04 – Sell Signal

ROC: 10.03 – Buy Signal

🌺Support and Resistance Levels:

Main Support: $1784

First Resistance: $1806

Second Resistance: $1833

🌺Positive Scenario:

Holding above $1784 may push the price to test $1833 then $1880.

🌺Negative Scenario:

Breaking the $1784 level may lead to a drop towards $1660 then $1410.

✅Recommendations:

For Short Entry: Conditional buying if the price remains above $1784.

For Investors: Wait and monitor technical levels due to current selling pressure.

$ETH