#ETH
Here is a brief and useful technical analysis of Ethereum (ETH) on the 4-hour timeframe, as of April 11, 2025:
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🔹 Current Price:
$1,560.40
**Daily Change: +$63.49 (+4.24%)**
Highest Price of the Day: $1,573.06
Lowest Price of the Day: $1,486.37
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🔹 Technical Analysis on 4-Hour Frame:
Overall Trend: Short-term bullish, with positive signals from the Relative Strength Indicators (RSI).
Current Support: $1,500
Next Resistance: $1,600
Recommendation: Monitor the resistance level at $1,600; breaking it may indicate a continuation of the bullish trend towards $1,700.
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🔹 Recommendation:
If you have a long position, it is advisable to monitor the resistance level at $1,600; breaking it may indicate a continuation of the bullish trend towards $1,700.
In case of a pullback, the $1,500 level is considered strong support to watch.