$ETH
As of Saturday, April 26, 2025, Ethereum (ETH) is showing signs of recovery and bullish momentum. The current price hovers around $1,790 - $1,806, marking a positive change over the last 24 hours, with some sources indicating a rise of approximately 1-3%.
Technical analysis suggests that ETH is facing resistance around the $1,812 mark (50-day SMA), with support above $1,696 (20-day EMA). A break above the resistance could potentially push the price towards $2,111. Notably, there has been a significant inflow of ETH into long-term holding wallets in the past 48 hours, the largest since 2018, indicating strong investor confidence.
Analysts are optimistic, observing a potential bull flag pattern that could propel ETH above $2,000. Predictions for the near term suggest a potential climb towards the $1,920 level and even testing the $2,000 mark in April 2025. Longer-term forecasts remain varied, with some expecting ETH to reach new all-time highs in the coming years, potentially surpassing $5,500 by the end of 2025.
Overall, the recent news indicates a positive shift for Ethereum, with increasing accumulation and bullish technical patterns suggesting further upward movement in the short term. However, as with all cryptocurrencies, volatility remains a key characteristic.
