$ETH $ETH (ETH) has recently seen a notable increase of over 26%, currently trading near $1,790. This rise suggests a possible bullish reversal after months of price stagnation. ETH is currently moving within an ascending channel, with key support around $1,715 and resistance near $1,905. Although the short-term momentum appears positive, the overall market sentiment remains mixed. Technical indicators still show bearish trends, and ETH has underperformed compared to other major cryptocurrencies in 2025, having fallen approximately 50% year-to-date. Despite these challenges, some analysts remain optimistic. They project that ETH could reach around $2,015 by the end of April, assuming it continues to hold above critical support levels and that broader market conditions remain stable. Investors are closely monitoring these developments, as Ethereum's next move may signal a more sustained trend reversal or ongoing volatility in the coming weeks.
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