$ETH Ethereum (ETH) has had a positive trading session on April 24, 2025, continuing its strong upward momentum from the beginning of the week. Below is a detailed analysis of price movements, technical factors, and the short-term outlook for ETH:

⸻

📈 Current Price Movement

As of this morning, ETH is trading around 1,802.81 USD, up about 5.9% in the past 24 hours. This is the highest level since the beginning of April, marking a strong recovery after ETH fluctuated in the price range of 1,500–1,600 USD throughout last month . 

⸻

🔍 Technical Analysis

• Short-term Trend: ETH is in a short-term bullish channel, with near support at the 1,715 USD level. Moving averages are giving positive signals, indicating that buying pressure is still dominant .

• Important Resistance: The 1,850 USD level is seen as the next resistance barrier. If surpassed, ETH could aim for the psychological level of 2,000 USD, regarded as an important milestone both psychologically and technically .

• Composite Technical Signals: The technical indicators on TradingView are currently giving a “Buy” signal on the daily timeframe, reflecting the current upward momentum .