🟣 Ethereum – Daily Update (April 20, 2025)

📊 Price Overview

• Current Price: ~$1,585.67 USD

• 24h Change: -2.01%

• Intraday Range: $1,569.79 – $1,620.21

• Market Cap: ~$399.67 billion

• 24h Trading Volume: ~$48.87 billion

• Circulating Supply: 121.7 million ETH

• Rank: #2 by market capitalization 

📰 Market Highlights

• Low Market Activity: Ethereum is experiencing extremely low market activity, with minimal volatility—a concerning bearish signal. 

• Historical Easter Trends: Over the past five Easters, ETH’s price has fluctuated significantly, with prices recorded as $1,575 in 2025, $3,648 in 2024, $1,865 in 2023, $3,042 in 2022, and $2,093 in 2021. 

• Price Surge Prediction: Analyst Crypto Rover predicts a significant price surge for Ethereum, drawing parallels to Bitcoin’s 2020 rally. This forecast is based on observed market patterns and increased investor interest. 

📉 Technical Analysis

• Trend Overview: Ethereum is in a medium-term downtrend, characterized by continuously creating lower highs and lower lows. 

• Trading Volume: Increased by 3.5% in the ETH/BTC pair, reaching 12,000 BTC, indicating growing interest from investors. 

• RSI (Relative Strength Index): Reached 72, indicating ETH is in the overbought zone and may adjust in the short term. 

• MACD (Moving Average Convergence Divergence): A golden cross has formed on the 4-hour chart, but without significant volume expansion, suggesting caution. 

🔮 Outlook

Ethereum’s price is currently hovering above the critical $1,500 support region, a level that has held since January 2023. However, the market exhibits extremely low activity, with the price consolidating in a muted, sideways manner. This lack of volatility and momentum suggests a state of uncertainty, with neither buyers nor sellers showing dominance.

$ETH