Ethereum (ETHUSD) Price Forecast: April 25
ETHUSD is very likely to continue growing and might head to the $2500.00 supply level as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $1887.88 level, suggesting buyers are making a recovery attempt. Thus, if the crypto’s price sustains above the $2142.85 high level, the potential rally could surge higher to hit the $2500.00 upper resistance value and beyond.
Key Levels:
Resistance Levels: $1800.00 $1900.00, $2000.00
Support Levels: $1400.00, $1300.00, $1200.00
ETH (USD) Long-term Trend: Bullish (Daily Chart)
ETHUSD rebounded after its massive drops. The coin is now in the bullish market trend in its long-term outlook. The market shows that the price may now be trading in a new ascending channel. 
Further, the coin is trading above the moving averages making higher highs and moving toward the upper resistance area.
The bulls were able to push the cryptocurrency up to the $1887.88 resistance value during yesterday’s session and have enhanced the price to stay in green ready for an upward performance in its recent price level.
The Ethereum price has moved up to a $1877.54 high level above the EMA-9 as a pullback from the buyers as the 1-hourly chart resumes today. This is a result of more concerns from the buy investors.
Therefore should the bulls increase their swagger in the market, the price is poised to pump up above the key resistance level of around $2142.85.
Also, the momentum indicator which is pointing up indicates that the price of Ethereum is in an uptrend and may possibly remain in that direction to hit the $2500.00 supply level and beyond soon in the higher time frame.
ETH (USD) Medium-term Trend: Bullish (4H Chart)
The market price of ETHUSD is currently trading in the bullish market zone in its medium-term outlook. This is due to the gradual returns from the buy traders.
The successful push by the bulls to the $1879.59 supply value in the previous action has enabled the coin price to remain in an uptrend at its recent high.
The bulls made a corrective rally up to a $1877.54 high level above the EMA-9 shortly after the 4-hourly session opens today. This will enable the buy traders to influence the price tendency.
Further, the Ethereum price is pointing upward indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $2500.00 resistance level in the coming days in its medium-term outlook.
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