$ETH After a solid rebound on April 22, Ether managed to surpass the 20-day EMA (USD 1,676). Buyers will attempt to consolidate their advance by pushing the price above the 50-day SMA (USD 1,830) on April 23. If successful, the ETH/USDT pair could head towards the breakout level of USD 2,111. At this level, resistance from sellers is expected, but if the bulls maintain control, the pair could reach USD 2,550, suggesting the end of the corrective phase. In contrast, a sharp decline from USD 2,111 would indicate selling pressure at higher levels, which could keep the pair trading between USD 2,111 and USD 1,368 for an extended period.
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