On Friday, April 25, 2025, Ethereum (ETH) analysis shows mixed signals between upward momentum and potential correction.
Quick Technical Overview
Current price: Approximately $1,772.70, with a daily increase of 1.23%.
Relative Strength Index (RSI): Around 49.66, indicating a neutral zone.
MACD Indicator: Negative value (-3.0), indicating weakness in short-term upward momentum.
Support Levels: $3,362.1 and $3,352.5
Resistance Levels: $3,624.1 and $3,650.1
📈 Bullish Signals
Golden Cross Pattern: Analyses indicate the formation of a 'Golden Cross' pattern, which is a strong bullish signal.
Increased wallet activity: Wallet activity increased by 10% over 48 hours, indicating rising interest from investors.
Whale accumulation: Data indicates an increase in Ethereum accumulation by large investors.
Potential corrective signals
Negative MACD: Indicates weakness in short-term upward momentum.
Strong resistance levels: The price may face resistance at levels of $3,624.1 and $3,650.1, which could lead to a correction.
✅ Is it the right time to buy?
If you are a long-term investor, current indicators suggest good buying opportunities, especially with positive medium- to long-term forecasts.
If you are a short-term trader, it may be wise to wait until the current resistance levels are breached to confirm the upward trend.
📌 Final Advice
As always, it is advisable to do your own research and consult a financial advisor before making investment decisions.
