🟣Ethereum – Daily Update (April 21, 2025)

📊 Price Overview

• Current Price: ~$1,577.67 USD

• 24h Change: -0.26%

• Intraday Range: $1,571.32 – $1,651.87

Ethereum’s price has experienced minor fluctuations today, reflecting a relatively stable market sentiment.

📰 Market Highlights

• Vitalik Buterin Proposes EVM Overhaul: Ethereum co-founder Vitalik Buterin has suggested replacing the Ethereum Virtual Machine (EVM) with the open-source RISC-V architecture to enhance efficiency in the execution layer. 

• Price Rebound: ETH has rebounded 25% from its April lows, with analysts eyeing a potential surge to $1,800. 

• Bullish Predictions: Analyst Incognito predicts Ethereum could rally to $2,700 as the Wyckoff accumulation phase nears completion. 

📉 Technical Analysis

• Resistance Levels: ETH is approaching key resistance at $1,675; a breakout could push prices toward $1,750 amid ongoing whale accumulation. 

• Market Sentiment: While Ethereum continues to dominate its on-chain categories, discussions are ongoing about its unique value proposition in the evolving crypto landscape.