#Professional analysis of Ethereum ETH:
Is it time to rise after this decline?
In light of the decline in digital markets over the past few weeks, traders are awaiting strong recovery signals, especially from major currencies like Ethereum (ETH). In this analysis, we present to you the latest technical data from the Binance platform dated April 13, 2025, with an analytical touch that interests every speculator looking for realistic profit opportunities.
Current price: 1,608.47 USDT
Daily change percentage: -2.23%
Highest price in 24 hours: 1,659.93 USDT
Lowest price: 1,562.01 USDT
24-hour trading volume: 889.29M USDT
Technical analysis:
1. Moving averages:
Current price is below EMA(7) = 1,616.42 → Short-term resistance.
The price is far from the EMA(50) and EMA(99) averages (at 2,003.17 and 2,333.91) → The market is still in a downward trend in the medium to long term.
2. Relative Strength Index (RSI): Value: 44.62 → Approaching the oversold area, which may indicate a potential bullish reversal soon.
3. MACD Indicator: The value is negative (-0.36), but the indicator shows the beginning of weakness in negative momentum, which may pave the way for an upward move.
4. Trading volume: Relatively high trading activity recently, especially at the support level of 1,385.05, reflecting buyers' interest in this area.
Entry opportunities for quick speculation:
Area price
Probable buying area 1,600 - 1,610 USDT
First target 1,660 USDT
Second target 1,720 USDT
Stop loss area 1,550 USDT
Smart trader recommendation:
If ETH breaks the resistance of 1,616 with a strong close and increased trading volume, we could see a rebound towards the 1,700+ areas. However, if the price fails to hold, the area of 1,385 is considered an important psychological and actual support level to watch.
💬 Do you think Ethereum is preparing for a new upward journey? Share your opinion in the comments!
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