{"id":62257,"date":"2025-04-27T01:30:01","date_gmt":"2025-04-27T01:30:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=62257"},"modified":"2025-04-27T01:30:01","modified_gmt":"2025-04-27T01:30:01","slug":"ethereum-price-reaches-last-h1-support-next-major-resistance-comes-into-view","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=62257","title":{"rendered":"Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View"},"content":{"rendered":"

Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend<\/a> that began after the sharp recovery from $1,550 that kicked off on Tuesday.\u00a0<\/p>\n

As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance level and pulling back into its final intraday support zone. A fresh push above $1,800 could open the door to $1,840 and beyond, whereas deeper retracements would test three important zones.<\/p>\n

Ethereum Turns Resistance Levels Into Support<\/h2>\n

Ethereum\u2019s recent rally<\/a> has seen it break past three notable resistance levels that have rejected its price action for most of April. Interestingly, these resistance levels are located at $1,590, $1,654, and $1,703, as indicated by a technical analysis<\/a> of Ethereum\u2019s price action on the hourly candlestick timeframe chart on the TradingView platform. <\/p>\n

Following these breakouts, Ethereum continued to push upward with momentum until it encountered a tougher ceiling near the $1,800 mark. After briefly tapping into this zone, the price experienced a minor rejection<\/a>, retracing back towards $1,730 before finding support and beginning another gradual climb.<\/p>\n

As it stands, the resistance at $1,800 is the next level to beat in the hopes of a close above $2,000<\/a> before the end of April. Nonetheless, even if Ethereum does not reach this level, a bullish sentiment will still be in place if it manages to hold above the broken resistances, which have now turned to support on the H1 timeframe.\u00a0<\/p>\n

Ethereum Could Still Be Bullish Unless $1,654 Breaks<\/h2>\n

Ethereum\u2019s outlook remains bullish<\/a> as long as the newly reclaimed levels at $1,590, $1,654, and $1,703 continue to act as reliable support zones. The first zone, positioned at $1,703, represents a short-term hourly support level. This area may attract early entries, but it is high-risk and prone to breaking easily.\u00a0<\/p>\n

Beneath that lies the more structurally significant support at $1,654, which is also evident on the 4-hour chart. This level is a medium-risk zone, characterized by a cleaner and sound area of demand. It has a higher probability of initiating a bounce if tested, and its preservation is important in maintaining a short-term bullish bias for Ethereum.\u00a0<\/p>\n

The strongest support level is at $1,590 and is somewhat low-risk for reentry. It has the most favorable risk-to-reward ratio, where smart money traders are likely to accumulate<\/a>.<\/p>\n

As long as Ethereum stays above $1,703, the current uptrend remains valid. The bullish bias remains intact unless there\u2019s a confirmed break below $1,654. A drop below the $1,654 support would shift the short-term outlook to neutral or bearish. On the other hand, a successful close above $1,800<\/a> could cascade toward the next target around $1,840 or even higher.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the sharp recovery from $1,550 that kicked off on Tuesday.\u00a0 As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance […]<\/p>\n","protected":false},"author":0,"featured_media":62258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62257"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62257"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/62258"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}