Key notes
- The sequential TD indicator flashes a purchase signal for ETH.
- A whale withdraws more than $ 3 million from Bitget Eth, signaling long -term confidence.
- The merlijn merchant warns that missing this accumulation area could be a misstep of 2025.
Ethereum
Ethn
$ 1,647
24h volatility:
3.4%
COURTIC CAPESSION:
$ 198.82 B
Flight. 24 hours:
$ 10.48 B
Watch signs of life again, recording a price increase of 2.5% in the last 24 hours. This wave occurs while the TD sequential indicator flashes a purchase signal, noted by the popular analyst of Crypto Ali Martinez.
Martinez thinks that this week could be important for the second world cryptocurrency.
Large week to come for #Ethereum $ ETh! The sequential TD has just flashed a purchase signal, referring to a potential change in the momentum. pic.twitter.com/xnhvkzbxjc
– Ali (@ali_charts) April 21, 2025
The increase in the activity of Ethereum whales supports this point of view. According to Lookonchain, a major whale recently withdrew 1,897 ETH (worth more than $ 3 million) of Bitget, indicating a movement to the self-care.
Whales continue to accumulate $ ETh!
A whale withdrew from 1,897 others $ ETh($ 3 million) #Bitget 10 hours ago.
This whale withdrew 3,844 $ ETh($ 6.51 million) #Bitget Since April 3. pic.twitter.com/0hcpswzx8w
– Lookonchain (@lookonchain) April 21, 2025
Since April 3, this same whale has removed a total of 3,844 ETH worth $ 6.51 million, which suggests long -term confidence in the Ether price potential.
Cryptoque data also highlights a drop in the ETH held on exchanges, now at levels seen for the last time in October 2024, just before Ethereum went up to $ 4,000. This drop in supply generally refers to reduced sales pressure and to take off from upcoming prices.
The Merlijn popular crypto merchant also alluded to the Haussier signal on X, suggesting that the price of the ETH is “about to get started”. He warned that ignorance of this accumulation phase could be “the largest error of 2025”.
$ ETh is at the bottom of the accumulation area.
The stochastic RSI shouts inversion.
I miss this configuration could be the largest error in 2025.
Ethereum is about to get started. pic.twitter.com/inwdk29yt3
– Merlijn the trader (@merlijntrader) April 20, 2025
Price ETH ready for a break?
At the time of writing the editorial staff, Ether is negotiating about $ 1,648 with a market capitalization of 198.6 billion dollars. On the daily ETH price table, the RSI is currently at 45.49, leaving the territory of occurrence but still leaving a lot of space for the bulls.
Table of ether prices | Source: tradingView
The price tests the Middle Bollinger Band (20 days SMA), currently about $ 1,632. A clean break above the midline and a possible test of the upper band nearly $ 1,827 would suggest a stronger bullish momentum.
However, if Ether does not hold the intermediary, the band less than $ 1,437 would serve as a level of key support.
The MacD indicator recently started to get bullish, with the MACD line above the signal line. Meanwhile, the green histogram bars also refer to the bullish momentum.
Table of ether prices | Source: tradingView
The key resistance remains $ 1,830 and $ 2,000, with a crucial food wall at $ 2,330, above which Martinez predicts a bull rally.
#Ethereum $ ETh could launch a new bull rally once it has crossed the food wall at $ 2,330. pic.twitter.com/imznl4xow0
– Ali (@ali_charts) April 21, 2025
Commentator Crypto Tom Tucker indicated on x That Ethereum closely follows global liquidity trends – another sign that crypto could be “ready to take off”.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
