$ETH

As of April 23, 2025, Ethereum (ETH) is trading at $1,796.16, reflecting a 5.5% increase over the past 24 hours. The day's trading range has seen lows of $1,689.54 and highs reaching $1,816.69.

This upward momentum aligns with a broader cryptocurrency market rally, where Ethereum has gained approximately 13% in the last 24 hours. Analysts attribute this surge to increased investor confidence and positive market sentiment .

Technical indicators suggest that Ethereum is approaching a critical resistance level near $1,800. A decisive break above this threshold could signal a potential breakout, while failure to surpass it may lead to consolidation or a pullback .

Additionally, significant inflows into Ethereum-focused exchange-traded funds (ETFs) have been observed, indicating growing institutional interest in the asset .

Investors should monitor these developments closely, as they may influence Ethereum's short-term price trajectory.