{"id":287797,"date":"2021-04-25T16:23:55","date_gmt":"2021-04-25T20:23:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=287797"},"modified":"2021-04-25T16:23:55","modified_gmt":"2021-04-25T20:23:55","slug":"eth-usd-market-93","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/eth-usd-market-93","title":{"rendered":"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?"},"content":{"rendered":"

ETH Price Prediction \u2013 April 25<\/strong><\/p>\n

Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.<\/p>\n

ETH\/USD Market<\/h4>\n

Key Levels:<\/p>\n

Resistance levels: $2600, $2700, $2800<\/p>\n

Support levels: $1900, $1800, $1700<\/p>\n

\"\"<\/a>
ETHUSD – Daily Chart<\/figcaption><\/figure>\n

ETH\/USD<\/a> has been gaining ground since the beginning of the day. The coin hits an intraday high at $2358.22 but retreated to $2166 at the time of writing. Despite the slight downside correction, ETH\/USD is still nearly 2.49% higher on a day-to-day basis. At the moment, Ethereum (ETH) is trading at $2272.02 while the 9-day MA is trying to cross below the 21-day MA.<\/p>\n

What is the Next Direction for Ethereum?<\/h4>\n

According to the daily chart, the initial support is created below the moving averages at $2100. Once this is eliminated, the sell-off may increase with the next focus on the $2000 level. If this support level drops, the downward momentum could begin to snowball, and the next downside could target the closest supports at $1900, $1800, and $1700.<\/p>\n

Moreover, as the daily chart reveals, bulls must realize the need to remain above the moving averages before they can get to the potential resistance levels. Above this handle, traders will need to consider a sustained move for the extended recovery to the resistance levels at $2600, $2700, and $2800. Meanwhile, the RSI (14) moves above the 50-level, which may give more bullish signals and this could only be possible if the 9-day MA remains above the 21-day MA.<\/p>\n

When compares with BTC, buyers are making effort to step back into the market as the coin is making an attempt to show some promising signs if the price remains above the 9-day and 21-day moving averages. On the upside, the nearest resistance level lies at 0.050 BTC and above.<\/p>\n

\"\"<\/a>
ETHBTC – Daily Chart<\/figcaption><\/figure>\n

Moreover, when looking from the downside, the nearest support level is around 0.045 BTC and beneath this, further support lies at 0.043 BTC. If the price drops further to create another low, lower support is located at 0.041 BTC and below. The RSI (14) is moving back into the overbought region which indicates that bulls may continue to dominate the market.<\/p>\n","protected":false},"excerpt":{"rendered":"

ETH Price Prediction \u2013 April 25 Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the […]<\/a><\/div>","protected":false},"author":1742,"featured_media":287798,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[7600,5982,8045,7992],"class_list":["post-287797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-eth","tag-ethereum","tag-ethusd","tag-technical-analysis"],"acf":[],"yoast_head":"\nEthereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?<\/title>\n<meta name=\"description\" content=\"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?\" \/>\n<meta property=\"og:description\" content=\"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-25T20:23:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1072\" \/>\n\t<meta property=\"og:image:height\" content=\"584\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?\",\"datePublished\":\"2021-04-25T20:23:55+00:00\",\"dateModified\":\"2021-04-25T20:23:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\"},\"wordCount\":375,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png\",\"keywords\":[\"ETH\",\"Ethereum\",\"ETHUSD\",\"Technical Analysis\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\",\"name\":\"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png\",\"datePublished\":\"2021-04-25T20:23:55+00:00\",\"dateModified\":\"2021-04-25T20:23:55+00:00\",\"description\":\"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png\",\"width\":1072,\"height\":584,\"caption\":\"ETHUSD - Daily Chart\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search & Compare Brokers within Crypto, Forex & Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\",\"name\":\"Azeez Mustapha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg\",\"caption\":\"Azeez Mustapha\"},\"description\":\"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/\",\"https:\/\/x.com\/ItuGlobal\"],\"gender\":\"male\",\"knowsAbout\":[\"Stock Exchange\",\"Cryptocurrency Trading\",\"Forex\"],\"jobTitle\":\"Author\",\"url\":\"https:\/\/insidebitcoins.com\/author\/azeezmustaph\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?","description":"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797","og_locale":"en_US","og_type":"article","og_title":"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?","og_description":"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.","og_site_name":"InsideBitcoins.com","article_published_time":"2021-04-25T20:23:55+00:00","og_image":[{"width":1072,"height":584,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png","type":"image\/png"}],"author":"Azeez Mustapha","twitter_card":"summary_large_image","twitter_creator":"@ItuGlobal","twitter_misc":{"Written by":"Azeez Mustapha","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797"},"author":{"name":"Azeez Mustapha","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8"},"headline":"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?","datePublished":"2021-04-25T20:23:55+00:00","dateModified":"2021-04-25T20:23:55+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797"},"wordCount":375,"commentCount":0,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png","keywords":["ETH","Ethereum","ETHUSD","Technical Analysis"],"articleSection":["More Crypto News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/insidebitcoins.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797","name":"Ethereum Price Prediction: ETH\/USD Aims at $2400 Resistance; Are Bulls Plotting the Next Move Up?","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png","datePublished":"2021-04-25T20:23:55+00:00","dateModified":"2021-04-25T20:23:55+00:00","description":"Ethereum (ETH) remains in the buy phase despite the recent price falls that hit the crypto market in the last few days.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2021\/04\/ETHUSD_25042021.png","width":1072,"height":584,"caption":"ETHUSD - Daily Chart"},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search & Compare Brokers within Crypto, Forex & Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8","name":"Azeez Mustapha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/368a1c3ea65da09a1128621f280ad865?s=96&d=mm&r=pg","caption":"Azeez Mustapha"},"description":"Azeez Mustapha is a technical analyst with many years trading experience in the stock exchange and crypto markets. He has broad experience in forex trading, coaching, and funds management. Azeez provides daily articles covering the price movements of major cryptocurrencies, and has contributed to a range of respected publications and trading magazines. Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/x.com\/ItuGlobal"],"gender":"male","knowsAbout":["Stock Exchange","Cryptocurrency Trading","Forex"],"jobTitle":"Author","url":"https:\/\/insidebitcoins.com\/author\/azeezmustaph"}]}},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=287797"}],"version-history":[{"count":0,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/287797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/287798"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=287797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=287797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=287797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}