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Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Ethereum (ETH) Price Prediction for April 2025

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The post Ethereum (ETH) Price Prediction for April 2025 appeared first on Coinpedia Fintech News

Ethereum (ETH/USD) price held a crucial support range between $1,755 and $1,800 as the United States hammered global markets with trade wars on Thursday. The large-cap altcoin, with a fully diluted valuation of about $217 billion and a 24-hour average trading volume of around $15.7 billion, rebounded above $1,800 on Friday, during the early Western financial markets, after trading below on Thursday

Ethereum Whales on a Buying Spree

Amid the heightened fear of further crypto capitulation, following a significant spike in the odds for a global recession in the coming quarters, on-chain data shows whale investors have been on a buying spree for Ether. Moreover, Ethereum has heavily underperformed Bitcoin, despite the approval of spot Ether ETFs in the United States and Hong Kong.

For instance, a whale purchased 6,488 Ether on Thursday after the ETH price dropped to $1,772. On-chain data from CryptoQuant, whale investors, with an account balance of between 10k and 100k Ether, have progressively accumulated more coins to currently hold over 17 million coins. In the past 24 hours, Ethereum’s largest whales purchased more than 130k ETH.

What Next for Ether

From a technical analysis standpoint, Ether’s price, against the US dollar, has been trapped in a correction mode in the last quarter. However, Ethereum price has retested a crucial rising logarithmic support trend, in the weekly time frame, suggesting a potential reversal soon. In case of bullish sentiment ahead, Ether’s price is well positioned to regain $2,400 as a support level, which coincides with the weekly 200 Moving Average (MA).

However, a consistent close below $1,800 in the coming weeks will result in a rejuvenated capitulation, possibly towards $1,500.

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