Crypto News: Ethereum Price Trend Signals Strength— ETH Could Surge 12.87% by April 17

Ethereum has once again caught traders’ attention as it stabilizes above the $1,580 mark after a recent climb. The current momentum has reignited optimism among ETH bulls who are watching key resistance levels ahead. After forming a solid base around $1,500, Ethereum surged past several barriers. Though there’s a minor correction underway, the asset shows promise for a further upward breakout. With growing activity in the crypto space, Ethereum price movements could shape upcoming market sentiment.

ETH Price Trend Maintains Strength Near Support Levels

Following a significant move above the $1,580 and $1,620 levels, Ethereum is now consolidating gains with cautious optimism. While the price briefly hit $1,668, a small pullback saw it dip under the $1,600 mark. Despite this, the overall Ethereum price trend remains bullish, provided the $1,575 support holds. ETH bulls are closely watching the trend line resistance near $1,640.

Chart 1 – Provided by aayushjindal, published on TradingView, April 14, 2025.

Market dynamics suggest strong accumulation around lower levels, reflecting resilience in the current ETH price outlook. Technical indicators also support the bull narrative. Ethereum’s hourly RSI stays above 50, while the MACD is still in the positive zone. The indicators are favorable if buyers can reclaim momentum and break past the $1,665 resistance.

Resistance and Recovery Path: ETH Eyes $1,720

The crypto news is highlighting Ethereum’s potential to reclaim higher levels. The upside resistance lies near $1,665. It is followed by a more substantial barrier around $1,680. If Ethereum bulls manage to push beyond these levels, the next price magnet could be $1,720. A close above that level may push ETH toward $1,750 or even $1,800. 

A recent analysis on April 12, 2025, projects that Ethereum could reach $1,854.76 by April 17, 2025. It represents a potential 12.87% increase from its current price. On the other side, if Ethereum fails to break $1,640, ETH might see a retest of $1,600 and possibly $1,575. These levels coincide with the 50% Fibonacci retracement of the recent rally. Deeper losses could expose ETH to the $1,520 support level.

ETH Future Trends Show Potential Bullish Signals

The current ETH price outlook presents a cautiously optimistic scenario. While consolidation after a strong move is natural, the structure suggests bullish continuity. Ethereum’s move into smart contracts and DeFi applications continues to fuel investor confidence. ETH bulls confidence is especially boosted as the network sets up for scalability updates in 2025.

Looking forward, sustained buying interest above $1,665 could signal a new short-term rally. Ethereum may benefit further if overall market sentiment in crypto improves and Bitcoin holds its recent gains. The interplay between resistance testing and bullish momentum will decide ETH’s next move.

Final Thoughts: ETH Poised for Growth If Trend Holds

The current Ethereum price trend signals a strong market sentiment. As Ethereum reaches near key resistance levels, the next few levels will be critical in defining its short-term direction. If bulls hold above $1,680, ETH could witness a strong climb toward $1,720 and beyond. However, failure to sustain momentum may bring a temporary downturn. The $1,575 is considered a crucial level.

For now, ETH bulls are holding onto optimism as Ethereum maintains its steady upward trend. Recent crypto news highlights Ethereum’s role as a major player in digital asset momentum. Ethereum remains central to shaping the market’s future direction.