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#Eth Break the Trend & Holding the Support Level. 📈 #ETH #Ethererum #Crypto

Ethereum Reclaims Key Support At $1,574 – Here’s The Next Price Target : Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a tight consolidation zone between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. Notably, renowned crypto analyst Ali Martinez has highlighted the potential next price target for the second-largest cryptocurrency. ETH Bulls Set Sights On $1,810 Resistance In an X post on April 12, Martinez shares an Ethereum price prediction using on-chain data from analytics company IntoTheBlock. Martinez’s post shows that Ethereum has now reclaimed a critical support level at a demand zone between $1,547 and $1,595. This zone represents a significant accumulation area, with approximately 5.48 million ETH held by 2.83 million addresses at an average purchase price of $1,574. The resurgence in buying activity around this price region indicates a considerable trading volume which is critical to sustaining the current bullish momentum. At press time, Ethereum trades at $1,642 showing signs of resilience following its recent breakout. If the price rally persists, Martinez explains the altcoin is headed for a strong resistance zone between $1,791.11 and $1,838.86. This area contains 1.61 million ETH held by 3.2 million addresses at an average price of $1,810. Notably, this zone is visualized in red indicating that many of these investors are “out of the money” and are likely to sell once prices recover— offering a potentially significant resistance to Ethereum’s ongoing rebound.If ETH bulls can surge past this resistance level, it could confirm a trend reversal for the altcoin following a consistent decline since the altcoin hit the $4,000 price zone in December 2024. $ETH

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$ETH | H4 & H12 While many coins broke their bearish ranges this shit couldn't even reach the H4 & H12 swing highs within the H4 & H12 FVG. The H4 BPR did its job and price bounced, but nothing interesting. Still trading within the bearish H4 and H12 and not even close to the bearish OBs. Looking for shorts if the bearish POIs above are swept, longs - zero interest.