Ethereum Price Tests $1,850 Resistance: Key Levels for April Recovery
Ethereum (ETH) is facing a critical test at the $1,850 resistance level after experiencing a notable decline from recent highs. As technical indicators signal potential price reversals, traders are closely monitoring key support and resistance levels that could determine ETH’s trajectory in early April 2025.
Current Market Position
After failing to maintain momentum above $2,050, Ethereum has entered a consolidation phase with several technical developments:
- Price trading below the 100-hourly Simple Moving Average
- Break above bearish trend line at $1,810
- Critical resistance zone between $1,850-$1,880
- 23.6% Fibonacci retracement level tested
Key Resistance Levels
For Ethereum to initiate a recovery rally, several crucial resistance levels must be overcome:
| Level | Significance |
|---|---|
| $1,850 | Immediate resistance |
| $1,900 | Major psychological level |
| $2,000 | Key breakthrough point |
Support Structure
In case of continued bearish pressure, these support levels are crucial:
- $1,800 – Initial support
- $1,780 – Secondary support zone
- $1,765 – Critical support level
- $1,710 – Major support area
Technical Analysis
Current technical indicators present a mixed outlook:
- MACD: Showing bearish momentum
- RSI: Above 50, indicating neutral to slightly bullish conditions
- Moving Averages: Price below 100-hour SMA suggests short-term weakness
Potential Scenarios
Bullish Case
A breakthrough above $1,900 could trigger a rally toward:
- $2,000 psychological resistance
- $2,050 previous resistance zone
- $2,120 extended target
Bearish Case
Failure to break $1,850 might lead to:
- Retest of $1,780 support
- Possible decline to $1,710
- Risk of testing $1,665 support
FAQ
What’s causing Ethereum’s current price action?
The current price movement is influenced by broader market conditions and technical factors, including the failure to maintain momentum above $2,050.
When might Ethereum break above $2,000?
A clear break above $1,900 with strong volume could signal a potential move toward $2,000 in the near term.
What’s the most important support level to watch?
The $1,800 level serves as crucial support, with a break below potentially triggering further declines.
Conclusion
Ethereum’s price action at the $1,850 resistance level will likely determine its short-term trajectory. Traders should monitor volume and technical indicators while maintaining appropriate risk management strategies.