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Ethereum, the second largest cryptocurrency, has grown by 12.3% over the past seven days. Interestingly, Ethereum holds and supports its position firmly Cleanup Trends It began after a sharp recovery from $1,550 kicked off on Tuesday.
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As it stands, Ethereum prices are in a critical technical stage after retesting the $1,799 resistance level and pulling it back to the final intraday support zone. A new push above $1,800 can open the door to more than $1,840, while a deeper retracement tests three key zones.
Ethereum turns resistance levels into support
Ethereum’s recent gathering I’ve seen it break past three notable levels of resistance that rejected price action for most of April. Interestingly, these resistance levels are located at $1,590, $1,654 and $1,703, as indicated. Through technical analysis Ethereum price action with hourly Candlestick Timeframe Chart on the TradingView platform.
Following these breakouts, Ethereum continued to push upwards with momentum until it encountered a more severe ceiling near the $1,800 mark. After temporarily tapping this zone, the price I experienced minor rejectionreturn to $1,730 before finding support and begin another step-by-step climb.
Currently, $1,800 resistance is next level More than $2,000 hope By the end of April. Nevertheless, even if Ethereum has not reached this level, if it can outweigh the broken resistance, the bullish sentiment is still in place. 
Ethereum could still be bullish unless there’s a $1,654 break
Ethereum The outlook remains bullish Newly regenerated levels continue to serve as a reliable support zone at $1,590, $1,654 and $1,703. The first zone, located at $1,703, represents short-term hourly support levels. This area may attract early entries, but it is risky and tends to break easily.
Below that, a more structurally important support is $1,654, which is also evident on the 4-hour chart. This level is a medium-risk zone and features a clean and healthy area of demand. If tested, it is likely to start bounces, and its conservation is important in maintaining Ethereum’s short-term bullish bias.
The strongest support level is $1,590, which reduces the risk of re-entering. Smart Money Traders have the most advantageous risk response ratio It may accumulate.
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As long as Ethereum exceeds $1,703, the current uptrend will remain in effect. The bullish bias remains as it is unless it is confirmed to be below $1,654. Below the $1,654 support, it shifts the short-term outlook neutrally or bearly. Meanwhile, a Successfully closed over $1,800 You can cascade under $1,840 towards your next goal.
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