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Ethereum Price Completes Structure Break As Buyers Take Control, Why A Surge Above $4,400 Is Possible

News Feed - 2025-04-30 07:04:07

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Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buyers have regained control, and a break above $4,000. Ethereum Structure Break And The $1,500 Turnaround Point


Crypto analyst SwallowAcademy, in a recent technical breakdownof Ethereum’s weekly candlestick chart, noted that buyers have successfully initiated a clean market structure break just above the $1,500 zone. Earlier this month, Ethereum briefly dropped as low as $1,415,a level that initially appeared to signal further downside.However, what followed was a sharp reaction from bullish traders who aggressively accumulatedduring that dip, effectively neutralizing the intense selling pressure that had driven the price down. Related Reading Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion 1 week ago


This influx of buyer interest not only prevented a deeper breakdown but also laid the groundwork for a notable structural shift in market behavior. Since then, Ethereum’s price has exhibited signs of strength, consistently finding support during minor retracements around the $1,500 region.This repeated defense of support led to the formation of a market structure break, which is a technical formation that often signals a transition from bearish to bullish price action. Source: SwallowAcademy on Tradingview


Interestingly, this structure break has seen the Ethereum price edge slowly upwards. This is a notable change, especially as the price is now climbing toward the $1,900 resistance region —a range that also aligns with the 50-week moving average and serves as a gateway to further upside. Breaking and closing above this level on the weekly timeframe could provide the necessary momentum for Ethereum to pursue higher targets, potentially signaling the beginning of a broader recovery trend. 


If bulls manage to secure an Ethereum break above $1,900, it could unlock a path to multiple upside levels outlined in SwallowAcademy’s analysis, with $2,800 and $4,400 as realistic medium-term targets. FVG Fill, EMA Retest, And Why $4,400 May Be In Play


A closer look at the daily chart reveals a significant fair value gap (FVG) between $1,900 and $2,800, coinciding with a cluster of exponential moving averages that have yet to be retested. According to the analyst, filling this FVG is a “must-have” condition for a smoother and more sustainable rally, especially if Ethereum is to avoid the type of choppy behavior that plagued its price action in the first quarter of 2025. Related Reading Ethereum Price Looks Set To Crash To $1,000-$1,500, But Can It Fill The CME Gaps Upwards To $3,933 3 weeks ago


Considering the current momentum, Ethereum can easily close above the resistance at $1,900 on the daily timeframe. If sustained, this momentum should be sufficient to close above $1,900 on the weekly timeframe, fill the FVG, and surpass $2,800, which would then confirm the run to $4,000 on the weekly timeframe. Other price targets highlighted are at $2,300, $4,000, and $4,900.


At the time of writing, Ethereum is trading at $1,830. ETH trading at $1,827 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

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