$ETH As of April 26, 2025, Ethereum (ETH) is trading at approximately $1,823.04, showing a modest upward movement.Technical Overview
Support Levels: ETH has reclaimed its
4-hour 200 MA and EMA, suggesting a potential bullish trend.
TradingView
Resistance Levels: Key resistance is observed around $2,000, with further resistance between $2,100 and $2,200.
FXStreet
Chart Patterns: An inverse
head-and-shoulders pattern has been identified, indicating a possible long-term target of $20,000 if the
pattern completes. TradingView
Short-Term Trade Setup
Entry Point: A
$1,850-$1,870
ut above the could signal a
Ask anythingbullish move.
FXStreet
Stop Loss: Consider setting a stop loss below $1,688, a key support level.
FXStreet
Targets: Short-term targets include $2,000, with potential extensions to $2,100 and $2,200. FXStreet
Mid to Long-Term Outlook
May 2025: Projections suggest ETH could reach between $2,500 and $2,700, supported by bullish technical indicators.
CoinDCX
End of 2025: Forecasts vary, with some analysts predicting prices between $2,061 and $6,000, influenced by Ethereum's role in DeFi and NFT sector
ance +1Key Considerations
Market Sentiment: The Fear & Greed
Index indicates a "Greed" sentiment, suggesting positive market momentum.
changelly.com +3
On-Chain Activity: Accumulation addresses have acquired 1.11 million ETH recently, indicating strong buying interest.
FXStreet +1
Regulatory Landscape: The approval of spot Ether ETFs and potential regulatory clarity could enhance institutional adoption and positively
impact ETH's price. MarketWatch +2
In summary, Ethereum exhibits bullish technical patterns and positive market sentiment. However, traders should remain cautious of key resistance levels and monitor market developments closely