$ETH Ethereum is showing surprising resilience. Despite market turbulence and rising geopolitical tensions, ETH is holding steady above the key $1,600 level. As of April 13, the second-largest cryptocurrency is trading around $1,606, having bounced back from recent lows near $1,450.
Technical charts show ETH is butting up against a key resistance zone—the 50-day EMA and a descending trendline near $1,625. A confirmed break above $1,625 could open the door to $1,690, and possibly even a run toward $2,000 later this month.
But in this macro climate, that’s still a big “if.”
Eric Trump-Linked Entity Dumps Ethereum at a Loss
Adding pressure to Ethereum’s outlook is a recent report that World Liberty Financial, an entity partly controlled by Eric Trump, sold 5,500 ETH for roughly $8 million—at an average price of $1,465 per coin. The reported transaction marks a 55% loss, given the entity’s original average entry at $3,259 per ETH.
