#StablecoinLaw Technical Analysis of Ethereum ($ETH) – April 2025

Overview: $ETH continues to maintain its positive momentum since the beginning of 2025, supported by technological developments and increased institutional adoption. The price is currently trading near the $4,300 level after a clear breakout of the resistance level at $4,000.

---

Technical Analysis:

Overall Trend: Bullish

Key Support: $3,850

Current Resistance: $4,450

Moving Averages:

The price is above the 50-day and 200-day moving averages, reinforcing the upward trend.

Relative Strength Index (RSI): At 67, still within the safe zone, but close to overbought territory.

Parabolic SAR: Below the current price, supporting the continuation of the positive trend.