Ethereum has demonstrated solid performance during the past 24 hours, recovering from the prior price lows around the $1750 level and showing bullish momentum after a slight dip. After some downward trading, Ethereum broke past the primary resistance at $1830, which shows bullish sentiment. This Ethereum breakout also indicates a growing case for the market, with momentum starting to switch back towards the bulls. Let’s break down Ethereum’s recent price action while looking at the charts and indicators to identify what could follow next.
Ethereum Price Analysis of 29th April, 2025
ETH Price began April 28 with a continuation of the bullish momentum seen in the early hours, entering an upward channel that pushed prices toward the critical resistance zone at $1830. Between 00:00 and 09:00 UTC, this bullish drive brought the ETH price to a high near $1828. However, buyer exhaustion set in as the RSI approached overbought conditions within this window. The MACD during this period showed a gradual narrowing of the bullish momentum range, suggesting weakening buying pressure before the resistance area could be breached.
Chart 1, Analyzed by Alokkp0608, published on April 29th, 2025.
ETH turned lower from 09:00 to around 15:00 UTC, slipping into a downward channel under rising sell pressure. The ETH price fell through several interim supports, eventually touching $1750 by around 16:15 UTC. During this period, RSI dipped into oversold territory, and a bearish MACD crossover confirmed the strength of the downtrend. Still, $1750 proved resilient, as it has in the past, with hints of recovery starting to show before this interval ended.
Between 15:00 and 21:00 UTC, ETH price bounced off the $1750 support, forming higher lows and entering a new upward channel. Prices gradually climbed above $1785, with notable resistance around the $1800 psychological level. RSI readings moved toward neutral territory from oversold levels, indicating a recovery phase. MACD showed a golden cross developing within this stretch, but the momentum remained moderate. By 21:00 UTC, the Ethereum token hit a short-term high near $1800 before consolidating within a narrow range between $1788 and $1808, showing hesitation near previous local highs.
ETH Price Outlook: What Lies Ahead for Ethereum Token?
After moving sideways overnight, ETH broke out again early on April 29. Around 10:00 UTC, it surged past the $1830 resistance and reached a new short-term high around $1835. RSI briefly tipped into overbought territory, and MACD momentum widened, confirming renewed buyer strength. ETH is hovering just above the former resistance, which has become a new support. If bulls can defend this level, the path toward $1855 or even $1875 opens up. However, if the price slips below $1830, it could trigger a pullback to $1812 or $1795.
Ethereum at a Crossroads: Can the Momentum Hold?
Ethereum breakout above $1830 shows buyers are returning, but the battle between buy and sell sides isn’t over. ETH is still holding above this key level, and if this continues, we might see an advance into the $1855–$1875 zone. Techno fundamentals are strong for both RSI and MACD, but we have hints from both indicators that a short breath would not be untimely. The real question is whether ETH holds $1830 or we descend again to $1812 or possibly $1795. This is a critical moment, and traders should watch these zones closely as Ethereum shapes its next move.
Ethereum Price Analysis of May 1st, 2025
The Ethereum price action on a 5-minute chart over the past 24 hours opened with range-bound behavior. The Ethereum price action on a 5-minute chart over the past 24 hours opened with range-bound behavior. Between 00:00 and 12:00 UTC on April 30, ETH price moved sideways between $1790 and $1815, failing multiple times to break either boundary. This period of tight consolidation hinted at building pressure. RSI oscillated mildly in the 45–60 zone, while MACD hovered near the baseline, showing weak momentum on both sides. Buyers defended the lower range of $1790, but sellers capped upside moves near $1815. The lack of ETH breakout direction during this phase reflected market uncertainty despite multiple attempts to reclaim bullish control.
Chart 2, Analyzed by Alokkp0608, published on May 1st, 2025.
Between 12:00 and 15:00 UTC, the ETH price broke down sharply through the sideways channel and began a steep decline. Price fell below the $1790 level to as low as $1735 just before 15:00 UTC. The sharp decline was confirmed with an RSI drop into the oversold level, supporting that aggressive selling took over. The MACD formed a death cross at approximately 12:30 UTC, supporting the bearish momentum. The decline below the $1750 support level was soon bought up, and the ETH price strongly bounced back by 14:20 UTC. A golden cross accompanied the bounce of the ETH price on the MACD, and the RSI recovered from the oversold zone, supporting a potential reversal in progress.
Strong Rebound Reclaims Key Levels
Following the recovery, between 15:00 and 21:00 UTC, the ETH price entered a clean uptrend channel. Price steadily climbed from $1750 to just below $1800, regaining key lost levels. This upward push was powered by consistent bullish candles and a firm RSI climb toward the 70 level, approaching overbought conditions around 20:30 UTC. MACD showed strong upward crossover momentum throughout this stretch, with histogram bars widening in favor of bulls. Minor dips along the way were bought quickly, confirming buyer interest. This move helped restore short-term sentiment, but the previous resistance at $1820 remained untested by the end of this window.
Between 21:00 UTC and 03:00 UTC on May 1, the ETH price moved toward the $1820 resistance. After briefly consolidating near $1800, bulls pushed higher around 02:00 UTC, finally touching $1820 by 02:40 UTC. RSI spiked into overbought territory again, and MACD continued the bullish pattern with another golden cross. However, this push lacked the volume needed to support an ETH breakout above the resistance zone. Selling pressure returned quickly at $1820, rejecting the advance. Despite the rejection, ETH price stayed above $1800, preserving the structure of the uptrend and keeping bulls engaged for a potential second attempt.
ETH Holds Steady Near Resistance as Momentum Stalls
From 03:00 UTC to the chart’s latest price action, ETH traded in a tight sideways range just below $1820. This reflects a market in pause mode after a strong rebound, with traders waiting for new directional cues. RSI drifted back toward the neutral 50–55 area, while MACD flattened out with multiple small crossovers, indicating reduced momentum on both sides. Price hovered between $1805 and $1815, maintaining higher lows but unable to generate another upward thrust. The $1820 level continues to act as a firm resistance, and without fresh momentum or volume, ETH may drift back toward $1790.
Momentum Wanes as Resistance Caps ETH Recovery
Ethereum’s price has stabilized near the $1820 resistance, but momentum is weakening. Failing to break this level after a sharp recovery suggests buyers are losing steam. RSI has backed off from overbought territory and now hovers near neutral, signaling indecision. MACD also shows flat movement with no clear bullish follow-through. Immediate support lies near $1800, with more substantial support around $1790 and $1750. A sustained move above $1820 is needed to reignite bullish momentum. Until then, ETH may continue consolidating or revisit lower support levels, as short-term sentiment turns cautious without a fresh catalyst.
Ethereum(ETH) Price Analysis of May 05, 2025
The Ethereum price action over the last 24 hours shows an initial downward trend followed by a transition into consolidation. Between 09:00 UTC and 12:00 UTC, the ETH price steadily declined from $1,840 to below $1,825 inside a descending channel. MACD showed a death cross early in this move, with histogram momentum fading. RSI dipped near oversold by 10:00 UTC, signaling a lack of bullish strength. Despite a brief upward attempt near $1,830, ETH failed to reclaim momentum, and bears remained in control with persistent lower highs forming through this phase.
Chart 3- ETH/USDT M5 Chart, Analyzed by Alokkp0608, published on May 5th, 2025.
From 12:00 UTC to 21:00 UTC, the Ethereum price entered a sideways range between $1,820 and $1,835, forming a narrow trading box. During this range-bound movement, RSI oscillated between neutral and slightly overbought zones but never broke clearly above 70. MACD flipped between golden and death crosses several times, confirming indecision. Notably, price briefly spiked to test the key resistance level at $1,850 around 20:15 UTC but faced rejection, suggesting strong sell-side pressure. This rejection reestablished the upper boundary of the range, and the market lost volatility right before the next significant move.
Selling Momentum Reasserts Below Resistance
By 21:00 UTC, the ETH price reversed sharply, triggering a fresh downtrend channel that extended through the night until around 04:00 UTC. The break below $1,820 led to a steep fall all the way to the $1,785–$1,790 support area. MACD printed a death cross again just past 22:00 UTC, and the RSI plunged into the oversold region near 01:00 UTC, confirming sellers were in firm control. The zone between $1,780 and $1,785 served as strong support, holding despite heavy selling pressure. However, the Ethereum price remained weak for hours, consolidating near the bottom range with minimal bullish attempts.
After reaching the support floor, a gradual ETH recovery began at 04:00 UTC, forming a visible uptrend channel. ETH price climbed from $1,790 to above $1,820 by 06:30 UTC, with higher lows and rising volume. RSI rebounded sharply, crossing above 60, and eventually hit the overbought level near 07:00 UTC. MACD also flipped bullish with a golden cross and positive histogram momentum growing steadily. This indicated a clear momentum reversal, though price still struggled just below the previously rejected zone at $1,835. Traders showed signs of regaining confidence, especially as the broader market improved.
ETH Maintains Steady Climb Toward Resistance
The latest price action shows ETH continuing to climb above the rising trend line, pushing above $1,825 by 09:00 UTC. The price pattern has made higher lows and higher highs in the past few hours, and bulls are looking to reclaim the $1,835-$1,840 zone. RSI is in a strong place, just below overbought territory, as the MACD continues its positive expansion with tall histogram bars increasing in size. The sustained push suggests ETH may challenge the $1,850 resistance again if momentum holds.
Bulls Eye ETH Recovery as Prices Push Toward Resistance
Ethereum price looks like it’s making a solid comeback after yesterday’s drop, with buying momentum picking up in the final stretch of the 24-hour window. If it can keep climbing and push through the $1,835 level, there’s a real chance it could head back toward the $1,850 resistance zone. The indicators are backing the move, RSI is heating up but not flashing any warning signs yet, and MACD is showing growing bullish momentum. If bulls can’t clear $1,835, though, ETH might just settle into another sideways chop or even slide back toward $1,800 for a retest.
Ethereum (ETH) Price Analysis of May 9th, 2025
The Ethereum price action over the last 24 hours shows a strong bullish trend that began with a breakout above the $2,000 level around 15:20 UTC. This early ETH breakout triggered accelerated buying momentum, pushing ETH through $2,100 and toward $2,230 by 21:20 UTC. Price movement during this phase stayed within a rising channel, supported by bullish structure and increasing volume. RSI entered overbought territory during the Ethereum rally, confirming buying pressure. The MACD also displayed a golden cross shortly after the breakout, reinforcing bullish bias and trend strength. No major resistance was encountered until the $2,250 region.
Chart 4- ETH/USDT M5 Chart, Analyzed by Alokkp0608, published on May 9th, 2025.
Between 21:00 UTC and 06:00 UTC, ETH price moved sideways in a narrow consolidation phase, with price fluctuating just below the $2,250 resistance. Buyers made multiple attempts to break through, but momentum cooled. RSI readings remained near overbought levels, hinting at fatigue. Meanwhile, the MACD showed two death crosses during this interval, signaling weakening upward momentum and short-term indecision. Despite the sluggish pace, the price held above the newly formed support around $2,200, indicating buyers still had control but lacked the conviction to push higher during this stretch.
Bulls Break Resistance and Target Higher Highs
An ETH breakout above the $2,250 resistance occurred around 06:25 UTC, turning it into a new support level. This breakout initiated the next leg of the bullish move, which extended quickly to $2,450 by 08:30 UTC. Momentum surged as RSI moved into deep overbought territory again. MACD confirmed the move with a strong bullish crossover just before the breakout. Volume increased significantly during this leg, and ETH price briefly touched $2,490, a local high, before beginning a retracement. This sharp breakout period highlighted renewed confidence among bulls and aggressive buying interest above former resistance.
From 08:30 UTC to 09:30 UTC, ETH price saw a rapid decline from the $2,490 peak down to $2,290. This drop followed the overbought exhaustion and was accompanied by a new MACD death cross, signaling reversal pressure. RSI also dropped sharply from extreme overbought levels to mid-range, confirming the cooling momentum. Price tested the newly formed $2,250 support zone, now acting as a stabilizing base. Despite the pullback, the correction was fast and not panic-driven, suggesting profit-taking rather than trend reversal. Buyers showed signs of absorbing the dip near key support.
Mild Rebound Attempts After Sharp Pullback
In the final visible interval leading up to the chart’s end around 10:30 UTC, ETH price showed minor rebound attempts off the $2,290 low but failed to reclaim $2,400. The last price hovered near $2,335, consolidating in a lower-high pattern. RSI stabilized around the neutral zone, while the MACD remained bearish, with signal lines diverging negatively. This indicated continued hesitation among bulls, with momentum fading. No strong volume uptick was seen during the rebound, and resistance now appears firm around the $2,400–$2,450 range. Unless a new catalyst appears, consolidation may persist near current levels.
Prices Pull Back After Overbought Ethereum Rally, Can Bulls Hold the Support?
Ethereum surged past multiple resistance levels, peaking near $2,490 before falling back to $2,290. Momentum has cooled, and price now consolidates near $2,335. RSI dropped from overbought and is currently neutral, while MACD shows bearish divergence after a recent death cross. Key support remains at $2,250, and any breakdown could expose $2,200. On the upside, $2,400 and $2,450 are immediate resistance zones. If bullish sentiment revives, an ETH breakout above $2,400 could push ETH back toward $2,480. For now, short-term momentum is fading, and price direction hinges on the $2,250 support zone holding firm.
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