#MarketRebound

Technical Analysis of Ethereum – Wednesday, April 23, 2025

The ETH currency is experiencing a strong rise and breaking the resistance level of $1,700!

The current price is $1,816 with clear buying momentum. Here are the key points to know:

Trend:

Clearly bullish after breaking through a double bottom pattern.

Supports:

• $1,720 (strong support from the breakout)

• $1,650 (previous bottom)

Upcoming resistances:

• $1,850

• $1,920

• Psychological target: $2,000