$ETH
Ethereum is currently trading at $1790, with a daily increase of over 10%, after breaking an important resistance at $1688. Despite this rise, the currency still shows weak performance compared to other major currencies, having lost about 51% of its value since the beginning of 2025.
Technically, the overall trend for Ethereum remains bearish in the medium term, reflecting continued pessimism in the market. The most notable current support levels are $1623, $1490, and $1422, while it faces resistances at $1824, $1892, and $2025. The Relative Strength Index (RSI) is giving positive signals, which may enhance the likelihood of continued upward movement in the near term.
As for forecasts, they suggest the price could reach $2015 within days, with long-term targets exceeding $5000 if the market stabilizes and sentiment improves.
It is worth noting an upcoming upgrade named "PECTRA" at the end of April, which could positively impact network performance. Caution is advised due to the high monthly volatility, in addition to potential effects from global economic events.
Therefore, despite indicators of upward momentum, Ethereum remains in a critical zone, and it is preferable to carefully monitor technical movements and news before making investment decisions.
