ETH
Could the price reverse from here?Ethereum (ETH/USD) is rising towards the pivot which is an overlap resistance and could reverse to the 1st support which is a pullback support.
Pivot: 1.851.36
1st Support: 1,683.61
1st Resistance: 1,945.78
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#ETH Update – April 22, 2025
Current Price: $1,700.02 (+7.8%)
📊 Technical Snapshot
• Trend: Downtrend (last 4 months)
• Support: $1,500 & $1,350
• Resistance: $1,750 & $2,150
• Range: $1,557 – $1,630 → Moderate volatility
• ETH has dropped ~65% from its all-time high of $4,107
🔗 On-Chain Metrics
• Exchange Inflows: Large positive netflow to derivatives in March → Selling pressure
• Wallet Profitability: Only 20.94% of wallets in profit → Weak sentiment
• Active Addresses: Down to 400K from 650K → Lower usage
• Staked ETH: Over 25.6M ETH → Long-term confidence remains strong
🧭 Fundamentals
• SEC Approved ETH ETFs (no staking allowed) → Institutional inflow potential
• Galaxy Digital moved $100M from ETH to SOL → Institutional rotation
📈 Forecasts
• Short-Term (by Apr 27): ~$1,635.87 (−0.51%)
• Mid-Term (by May 22): ~$1,725.30 (+4.93%)
✅ Summary:
ETH is still in a downtrend, but fundamentals like staking and ETF approval show long-term strength. Short-term movement may be choppy. Watch $1,500 support and $1,750 resistance.
Ethereum Vs "Lots Of People""Lots of people are saying Ethereum will go very low and..." They were right, Ethereum is already trading extremely low, same prices as in the March 2023 wick low and a bullish reversal is about to happen. The low is in and confirmed, it happened on the 7-April session. You shouldn't listen, believe or follow "lots of people." "Lots of people," doesn't have any substance, race, color, ideas, beliefs, shape or form. There is no such thing as "lots of people." There is only me, you and the chart.
This simple chart says it all, but the main signal comes from the smaller Altcoins and those pairs that are moving ahead. I am now seeing pairs breaking up producing 80% within a single candle in a few hours. Just two days ago the breakouts were maxed out at 40%, today it is going higher and its been only 48 hours.
Bullish momentum will continue to build up and grow. Bullish action will encompass the entire Cryptocurrency market in a matter of weeks. Full blown bullish action in late May 2025. But it is happening now but still early.
Let's forget my own personal bias and consider the chart signals.
Ethereum bottomed June 2022. Right now it is trading within a long-term higher low and support has been found at the same March 2023 level.
The March 2023 low was only a wick, the session close happened within a long-term sideways period between January and October 2023, the unbreakable, long-term support zone. Ethereum is now safely trading within this range. Since it took Ethereum 280 days to develop this support level, it won't break with a single candle and, the low in March 2023 was $1,369 while on the 7-April weekly session it ended at $1,384. Technically, this is a double-bottom but the small difference in price means that buyers were expecting this drop and were ready to buy.
A break of this support zone would need a challenge of this lower wick. The next week, this week which is still active, we have a very strong higher low and another Doji and reversal candle. The previous candle itself is a reversal signal as it came as a Doji and green. The trading volume reveals a bias towards the bullish side. The highest bearish volume already happened in February, revealing the fact that the bears ran out of strength already and all the ammunition they had—already spent.
November 2025 is the most likely date but a top can also happen in August or October 2025. If the general market pattern changes, the bull market can extended into 2026 but this is unlikely, normally, it always happen in exactly the same way.
We want to see the bull market extended, but it can extend for some pairs and not for others, the market is too big right now. Some pairs are trading really high up, like Bitcoin, Solana, Binance Coin and Tron, while other pairs are trading at All-Time Lows. Those at All-Time Lows can extend until 2026, those really high can end early, anything goes.
Generalizations won't be of help, but it can fun for reading. We can fill ourselves with hope but then, the market does whatever it wants. We take action based on resistance and support. Buy now, sell when prices are up.
Namaste.
ETH/USDT Falling Wedge Breakout ETH/USDT Falling Wedge Breakout Summary
Ethereum (ETH) against Tether (USDT) has recently broken out of a falling wedge pattern, a bullish technical formation characterized by converging trendlines sloping downward, often signaling a reversal from a downtrend to an uptrend. This breakout, observed on the 12H chart, suggests potential for a significant rally as buying momentum increases.
Breakout Context:
The falling wedge formed as ETH consolidated, with lower highs and lower lows, indicating diminishing selling pressure.
A breakout above the upper trendline of the wedge, as noted in recent market analysis, confirms bullish sentiment, potentially driven by increased buying volume and market optimism.
Price Targets and Resistance Levels:
The breakout has set the stage for ETH/USDT to target several key resistance levels, based on technical analysis and historical price action:
$1,750: A near-term support-turned-resistance level, previously acting as a strong support zone. A retest or consolidation around this level may occur as the price stabilizes post-breakout.
$1,816 ($1,830 zone): This level aligns with a key support/resistance zone within the descending channel. Sustaining above this level is critical for confirming short-term bullish momentum.
$1,948 ($1,950): A significant resistance level identified in recent posts, marking the first major target post-breakout. Breaking this could accelerate upward momentum.
$2,119 ($2,120): The next resistance zone, aligning with prior highs and technical projections. This level may pose a challenge, requiring strong buying pressure to breach.
$2,777 ($2,800 zone): A longer-term target, potentially achievable if ETH breaks through the $2,200-$2,400 resistance zone. This aligns with projections for a rally toward $2,800-$3,000 if momentum persists.
Market Outlook:
Bullish Scenario: For the rally to continue, ETH must hold above $1,830 to confirm the breakout’s strength. A break above $2,200-$2,400 could pave the way for targets at $2,777 and potentially $3,000, as suggested by historical patterns and Fibonacci extensions.
Bearish Risks: Failure to sustain above $1,830 could lead to a pullback toward $1,750 or lower, with $1,600 as a critical support if the breakout fails. Rejection at higher resistance levels ($2,200-$2,400) may also trigger short-term corrections.
Indicators: Bullish divergence on RSI and weakening bearish momentum on MACD support the breakout’s validity, while the 50-day moving average acts as dynamic resistance above current levels.
Conclusion:
The ETH/USDT breakout from the falling wedge signals a bullish shift, with immediate resistance at $1,750 and $1,816, followed by higher targets at $1,948, $2,119, and $2,777. Traders should monitor volume and price action around $1,830 to confirm sustained momentum, while remaining cautious of potential rejections at key resistance zones. For real-time updates, platforms like TradingView or Binance’s ETH/USDT charts can provide further insights.
Sign of a bullish trendAs we can see here, this could be a sign of a bullish trend. If the price rises to $1690, we will have broken through the resistance level, indicating a clear upward movement. We would initially set the take profit level at $1815. The news is also positive — Bitcoin has recently experienced a breakout as well.
Short-term uptrend conversion point expected: 1647.06
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(ETHUSDT 1D chart)
The HA-Low indicator on the 1D chart is formed at the 1647.06 point.
Therefore, the key is whether it can receive support and rise near 1647.06.
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However, since the M-Signal indicator on the 1M chart is falling near 2500, you should trade with a relaxed mind.
This is because in order to continue the uptrend, the price must be maintained above the M-Signal indicator on the 1M chart.
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Since the M-Signal indicator on the 1D chart is passing near the HA-Low indicator on the 1D chart, if it rises above 1647.06 and maintains the price, it is likely to turn into a short-term uptrend.
Since the trend line is showing a downward channel and the StochRSI indicator is above 50, the increase is likely to be limited.
Therefore, when the StochRSI indicator shows an upward trend below 50, it is a buying period when the price is maintained above the HA-Low indicator.
If it rises above 1647.06 and continues to rise further, it is expected to touch the Fibonacci ratio of 0.618 (1868.21).
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Thank you for reading to the end.
I hope you have a successful trade.
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- This is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015 and has been rising.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it shows up to 3.618 (178910.15).
Fibonacci ratio 0.618 (44234.54) is not expected to fall again.
(BTCUSDT 12M chart)
I think it is around 42283.58 when looking at the BTCUSDT chart.
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I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely to act as a volume profile range.
Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section.
To do that, we need to look at whether it can rise with support near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%.
So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the downtrend starts.
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Ethereum Bitcoin pair bottom confirmed!As confirmed by CRYPTOCAP:ETH \ CRYPTOCAP:BTC momentum, we can say that a local bottom was seen at 2019 accumulation levels. With a major reversal from the current region, we can see major movements across Altcoins, with Ethereum being an undeniable leading force and leader for altcoins.
Landwolf ($WOLF) Surged 40% Breaking Out of a Falling Wedge The price of Landwolf ( NYSE:WOLF ) a coin created and deployed on the Ethereum chain saw a notable uptick of 40% breaking out of a falling wedge gearing foe a 100% legged up.
Since early March 2025, NYSE:WOLF has been constricted in a falling wedge pattern losing about 66% of market value, but present chart metric hints at a 100% price surge in the short term.
With the RSI at 80 we might experience a bit of a respite before picking liquidity up again. However, on a bearish tone, should NYSE:WOLF experience consolidatory move to as low as the base of the wedge or ceiling formed? it might resort to selling spree for NYSE:WOLF albeit the crypto industry is exercising bullish momentum with CRYPTOCAP:BTC reclaiming $94k pivot enroute to $100k.
As per data from CMC, NYSE:WOLF has experience an uptick of 65.69% in 24-hour trading volume. With these and many more metrics, NYSE:WOLF might be on the cusp of a breakout.
What is Landwolf 0x67?
Landwolf 0x67 (WOLF) is a memecoin that stands out with its unique character created by Matt Furie. Unlike many other cryptocurrencies, WOLF is deeply rooted in community values and transparency. The project boasts a total supply of one trillion coins, with the contract renounced and no taxes imposed on transactions.
Bitcoin call from March comes into fruition, Almost to the day!Not looking to toot horn but, did we state anything about buying CRYPTOCAP:BTC or CRYPTOCAP:ETH until recently? NO! (pls see our profile for more info on that)
We have been analyzing Bitcoin & Ethereum and posting suggestions. But until recently we did not state any buy recommendations.
In fact, om March 25th we stated that there would be a big move coming by mid April!
We then changed our stance on #Bitcoin. We noticed, far to frequent anomaly using
@tradingview charts, trendlines MOVE on their own, that the move COULD be until the 8th of May! HOWEVER, less than 2 weeks ago, we stated that A MOVE was coming before then. It has happened almost to the T!!!
$ETH Next Move?Despite the FUD around Ethereum, I am focused on the charts and what they tell me.
I look at the downside that has brought us in this Weekly buying area. That downside was a clear move and looks great for a nice run back up.
I would still like to see a green candle present on this Weekly close to signify buyers but I think things are brewing for CRYPTOCAP:ETH
Ethereum 8X Leveraged Trade OpportunityIf you want to make it big really fast, there is still one last chance to get ETHUSDT with a great entry price and high lev.
The chart setup is good. The market is good and everything is great.
Market conditions are only improving and the Altcoins are starting to heat up.
Right now, you see $1,600 but tomorrow the price can be $1,800 or more, that's how the Altcoins work. One day everything is quiet, the next day everything blows up. By the time the action is in, it is too late to buy, but not now, there is still one final chance to get bottom prices before the 2025 bull market shows up in full force.
Here is Ethereum, ETHUSDT, a great chart setup. Once the breakout happens, it will never trade at this price ever again. This is the last chance. It is yours to take.
Thanks a lot for your continued support.
I am wishing you profits, health, wealth and success.
You are appreciated, always, and you deserve the best.
Namaste.
SEI breaks the downtrend targets 30cThe SEI network is currently displaying positive price movement after recently breaking out of a downward trend channel that had been in place since the peak on December 5th. On the daily chart, it has been trading sideways within the upper channel, indicating a potential retest of that breakout. However, the momentum isn't particularly strong, especially since Ethereum, the frontrunner in the altcoin resurgence, isn't exhibiting explosive upward movement either.
Should the situation shift and Ethereum regain its leading position, I believe that many struggling smart contract platforms, which have seen their prices plummet by over 80%, could also experience a robust recovery.
If Ethereum manages to climb back into the $2,000+ range, I anticipate that SEI will reach its target on the chart, which is approximately 30 cents.
finally altcoins ready for strong bounce btc Dominance Finally Showing Signs Of Weakness, Formed Rising Wedge, Rejected From Rang,s Top, Counter Trendline Breakout Confirmed, Expecting Move Towards Ascending Trendline In Coming Days, And In Results Altcoins Finally Will Get Some Relief, However Once Ascending Trendline Got Cleared, Alts Can Bounce Sharply After That.
Jesus Coin (ETH: $JESUS) Gearing For A 300% Breakout Jesus Coin (ETH: $JESUS)—a memecoin created on the Ethereum blockchain, to encourage generosity, foster community, and transform charitable giving. With a clear goal to "Do Good, Give More".
Jesus Coin (ETH: $JESUS) is gearing up for a breakout that could catapult its value by over 300%, backed by strong technical indicators, a passionate community, and impeccable timing with Easter Sunday approaching. In the past 24 hours alone, the token has surged by 27.32%, with a 52.90% climb this past week.
Jesus Coin isn’t just another crypto asset; it's a faith-fueled movement. With a long-term wedge pattern tightening and momentum building, this token could be mere days away from one of the most talked-about runs in the altcoin space this season.
Technical Overview of Jesus Coin (ETH: $JESUS)
Since October 2024, Jesus Coin has been consolidating in a prolonged falling wedge—a classic technical setup for bullish reversals. With current price action nearing the wedge’s apex, and the RSI showing over 70, signs point to a powerful upside breakout.
Despite a 61.5% drop in daily trading volume, indicating short-term caution, the price is defying the dip—suggesting strong accumulation. Recent resistance sits around $0.0000000618, which, once broken, opens the door to a projected 300% rally.
This setup positions Jesus Coin as a sleeping giant waiting for a single spark—an event, listing, or meme campaign—to trigger lift-off.
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Ethereum Vs Bitcoin —Bare Minimum, 222.22% Profits Bullish WaveEthereum's current move vs Bitcoin —ETHBTC— is over-extended:
1) The drop has gone way beyond the 0.786 Fib. retracement level, almost reaching 1 (which means a 100% correction).
2) Trading volume is non-existent. Which means that this move is not supported by real people.
3) The RSI is oversold. Which means that the current action is very likely reaching its end.
4) Ethereum (ETHBTC) is trading at, and activated, the lowest prices since late 2019. The main support zone for this pair.
The current bearish move is over-extended and is showing many weaknesses, a trend reversal can happen any day. ETHBTC has been dropping since December 2021. A market can only take so much.
The minimum target for the reversal is the baseline level. Just as ETHBTC went down to test its 2019 support but with a higher low, as soon as this support zone is reached the reverse becomes true. Now ETHBTC needs to test its late 2023 early 2024 resistance zone. This level is likely to break and price reach higher but this is the bare minimum.
» The bare minimum is a nice 222.22% profits potential bullish wave.
Namaste.