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Home»Ethereum»Is ETH About to Break $2,000?
Ethereum

Is ETH About to Break $2,000?

NBTCBy NBTC29/04/2025No Comments3 Mins Read
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Ethereum (ETH), the second-largest cryptocurrency by market cap, is starting to show fresh strength after months of sideways action. With renewed buying interest and improving technical signals, investors are wondering if Ethereum price is finally ready to push past key resistance levels. In this article, we will take a deep dive into the latest ETH charts, uncover the current market setup, and predict what could be next for Ethereum’s price. Is a breakout around the corner, or should traders brace for another pullback? Let’s find out.

Ethereum Price Prediction: Where Ethereum Price Stands Today

ETH/USD 1 Day Chart- TradingView

Ethereum (ETH) is slowly regaining strength after weeks of sideways movement. At the time of writing, ETH is trading around $1,816 according to the daily chart. Over the past few sessions, Ethereum has started to break above short-term moving averages like the 20-day and 50-day SMA, hinting at a shift in momentum. The ADL (Accumulation/Distribution Line) is also showing signs of recovery, suggesting that smart money could be moving back into ETH.

Ethereum Price Prediction

ETH/USD 1 Hr Chart- TradingView

On the hourly chart, Ethereum has been trending upward from the $1,720 range, climbing smoothly above major support levels. However, a small pullback is visible, which is a normal reaction after a strong breakout. ETH is currently holding above key moving averages on the hourly timeframe, which supports the idea of a bullish continuation if buyers stay active.

Is a Breakout Above $2,000 Possible Soon?

Looking at the current structure, ETH price faces major resistance near the $1,800–$1,820 zone on the hourly chart, but it has already closed above this zone on the daily timeframe. This suggests that a retest of the $1,850 and even $1,900 levels could happen quickly if Bitcoin remains stable.

If momentum stays strong and Ethereum bulls defend the $1,780–$1,800 support region, the next logical target becomes $2,000, which is not far now. Traders should watch for volume spikes because a strong volume breakout above $1,900 would be the final push needed to flip $2,000 into a new support base.

Ethereum Price Prediction: How High Can ETH Go in May 2025?

Given the current trend and based on technical chart structure:

  • Short-term (Next 7–10 Days): Ethereum can retest $1,900–$2,000.
  • Medium-term (Next 30 Days): If $2,000 flips into support, Ethereum could rise towards $2,200–$2,400 by late May.
  • Longer-term (Q2 2025): A breakout above $2,400 could open a bigger rally targeting $2,800–$3,000 levels.

However, if the $1,800 support fails and ETH price drops back below $1,750, the bullish case would weaken, and ETH might consolidate longer between $1,700–$1,850.

Should You Buy Ethereum Now?

With ETH trading just under $1,820 and building strength, a breakout strategy makes sense for aggressive traders. Conservative investors might wait for a clean daily close above $1,850 to confirm a true reversal. Considering that Ethereum price was above $4,000 in the previous cycle, today’s prices offer a solid risk-reward ratio for long-term believers.

A simple calculation:
If Ethereum price returns to $3,500 by the end of the year, a $1,000 investment today at $1,816 would become roughly $1,927 — more than double your money.

Final Thoughts

Ethereum’s price action is showing early signs of a bullish comeback. While risks still exist, the charts are finally leaning more in favor of the bulls. If ETH breaks $2,000 with strong volume, it could signal the start of a powerful new rally. For now, Ethereum looks ready to heat up again — and it might be sooner than many expect.

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