Fun

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

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


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

News Feed

JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He’s Happy to Speak Openly About Being ‘Canceled by a Bank’
JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He"s Happy to Speak Openly About Being "Canceled by a Bank" On October 12, the conservative influencer an
Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project
UPDATE (Oct. 11, 2019, 20:27 UTC): Mastercard and Visa have also confirmed they will not be joining the Libra Association. UPDATE (Oct. 11, 2019, 22:57 UTC): Payments platformÂ
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
Economist David Dodge Says Gold Is an "Antique Instrument," Thinks Digitizing the Canadian Dollar Is Interesting The economist David Dodge, the former seventh governor of the Bank
Tom Mitchelhill3 hours agoAtari founder, Animoca sees Web3 games as vital for virtual ownership and education"I was gobsmacked" — Nolan Bushnell said his conversation with Yat Siu on Web3 games changed his br
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. M
Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?
Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)? press release PRESS RELEASE.The cryptocurrency industry has certainly become oversaturated
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s publ
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million cre
$2 Billion Crypto Fraud Bitconnect and Founder Charged — Director Pleads Guilty to Criminal Charges
$2 Billion Crypto Fraud Bitconnect and Founder Charged — Director Pleads Guilty to Criminal Charges The $2 billion crypto fraud scheme Bitconnect and its founder have been charge
Ethereum L2s median transaction fees decline as much as 99% post-Dencun upgrade
Prashant Jha14 hours agoEthereum L2s median transaction fees decline as much as 99% post-Dencun upgradeThe Ethereum Foundation’s Tim Beiko called Dencun one of the most complex forks since the Merge, with most EIPs imp
‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian
"Being a Currency and a Security Are Not Contradictory," Crypto Can Be Both: Monetary Historian Franklin Noll, an academic and monetary historian, has asserted that crypto can be b
Pepe hits all-time high, memecoins soar after famous GameStop stock trader ‘returns’
Nancy Lubale45 minutes agoPepe hits all-time high, memecoins soar after famous GameStop stock trader ‘returns’Memecoins rally, and PEPE hits a new all-time high shortly after GameStop stock trader Keith Gill posts to