Current Price:
* Currently, the price of Ethereum (ETH) is around $1,784.93 USD.
* In the last 24 hours, it has experienced an increase of approximately 2.33%.
Recent News:
=Significant inflows into accumulation directions: Despite some recent selling pressure, there has been an increase in Ethereum inflows into accumulation directions, suggesting a possible return of upward momentum.
=Short-term bullish outlook: Some technical analyses suggest that if Ethereum manages to stay above certain support levels (around $1687) and breaks through resistance at $1800, we could see a move towards $2000 in April 2025.
=Key resistance to overcome: Ethereum currently faces significant resistance around $1800, reinforced by the 50-day Simple Moving Average (SMA). Exceeding this level would be crucial for further upward momentum.
=Ethereum's TVL on the rise: Despite price fluctuations, the total value locked (TVL) in Ethereum has significantly increased in 2025, indicating a continued expansion of its DeFi ecosystem.
Futuristic Analysis:
=In the short term (4-hour chart), Ethereum shows an upward trend with the 50-day moving average pointing up.
=The 200-day moving average, however, has been declining since April 20, 2025, suggesting a weak long-term trend.
=The Relative Strength Index (RSI) is in the neutral zone, indicating that the price could remain in this range for some time.
Price Predictions:
=By April 2025, some analysts predict a price target of $2000 if the current upward momentum continues.
=By May 2025, Ethereum is expected to continue its upward trend, possibly trading between $2500 and $2700.
=In the long term, predictions vary widely, with some experts suggesting significantly higher prices for 2030 (even exceeding $67,000 AUD according to some analyses)
