Despite recent downward pressure, Ethereum remained resilient. It settled over $1,820 and is getting ready for a possible price increase. With a daily increase of 0.22%, ETH is currently trading at $1,821.44, solidifying its position in the cryptocurrency market. After successfully defending the $1,750 support zone, Ethereum bulls are now aiming for an important resistance level. A new ETH price climb toward $1,850 and perhaps the $1,920 mark might be sparked by an upward move above $1,820. With the larger cryptocurrency market offering encouraging momentum for future sessions, Ethereum’s price behavior generally points to a developing bullish sentiment.
Ethereum Faces Key Resistance Around $1,820
Ethereum demonstrates a positive price rally outlook. It breaks above $1,820 while sustaining itself above the 100-hourly Simple Moving Average. The ETH/USD pair maintains a descending bearish trend line just below $1,821 as its latest resistance barrier. Pushing the ETH price beyond $1,820 should drive it toward the next vital resistance point at $1,850. The market momentum presently supports buying trends, although sellers actively defend this area near resistance, which creates a critical level between $1,800 and $1,820. The broader ETH market sentiment, coupled with positive macro cryptocurrency market trends, supports the possibility of a breakout.
ETH Price Stabilizes Above $1,820 – Is a Rally on the Horizon?
The ETH price is consolidating after facing rejection near the $1,820 mark, with bulls and bears struggling for dominance. Ethereum bulls strongly defended the $1,770 level, suggesting the market favors a bullish breakout. On the hourly chart, the MACD has entered bullish territory, while the RSI remains above 50—both signaling potential upside. However, Ethereum must break through the $1,820 resistance zone to confirm momentum. Failure to do so may weaken short-term sentiment and encourage selling pressure.
Chart 1 – ETH/USD Live Price, TradingView, April 29, 2025
If the bulls succeed, the ETH price could rally toward the $1,850 target and possibly stretch to $1,920. Conversely, rejection at current resistance could pull ETH back to the $1,750 support zone, raising concerns about weakening buyer interest. With 24-hour trading volume now at $17.15 billion and Ethereum’s circulating supply steady at 120.72 million ETH, volatility remains elevated. The ETH market cap stands at $219.61 billion, reflecting a 0.64% daily gain as bulls fight for a stronger breakout.
ETH Bulls Target Above $1,820 Resistance as Rally Momentum Builds
As ETH approaches the $1,820.05 barrier, traders closely watch for signs of an imminent ETH price rally. A successful break above this ETH resistance level would validate the growing bullish pressure observed across the Ethereum market and the broader crypto market. The technical indicators favor buyers, but the coming hours will be decisive. A clear move above $1,820.05 could trigger a surge toward $1,850 and higher, while rejection might force another retest of $1,750 support. The ongoing consolidation phase shows that the ETH price rally might be closer than previously expected.
What’s Next: Breakout or Breakdown Ahead for Ethereum?
For Ethereum bulls to start a strong ETH price rally, they must overcome the $1,820. Ethereum resistance level. Bullish trend in the cryptocurrency market and the strong Ethereum market will probably push the price past this crucial zone and toward $1,850 and $1,920. The price of Ethereum may return to support levels around $1,750 and $1,650 if it is unable to break higher. Ethereum’s trajectory in the changing cryptocurrency market landscape over the coming sessions will be shaped by its next big changes. Thus, traders should keep a careful eye on price action.
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