$ETH Ethereum (ETH) is among the most prominent and influential cryptocurrencies in the crypto market, ranking second after Bitcoin in terms of market capitalization. The Ethereum project is based on blockchain technology, enabling the creation of decentralized applications (DApps) and smart contracts that are revolutionizing fields such as finance, gaming, and digital identity.
On April 19, 2025, the price of Ethereum is trading at levels ranging from $1,553 to $1,659, with an average daily trading price of around $1,610. Despite recording a weekly decline of about 11%, many analysts point to a positive technical pattern known as "bullish engulfing," which enhances the prospects of a price recovery in the coming days.