{"id":32363,"date":"2025-04-22T05:43:46","date_gmt":"2025-04-22T05:43:46","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=32363"},"modified":"2025-04-22T05:43:48","modified_gmt":"2025-04-22T05:43:48","slug":"ethereum-technical-analysis-report-22nd-april-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-22nd-april-2025","title":{"rendered":"Ethereum Technical Analysis Report – 22nd April 2025"},"content":{"rendered":"\n

On April 21, the U.S. Dollar Index (DXY) broke below the 98 mark, hitting a three-year low and fueling a surge in risk and hedge assets. Gold soared to a record high, while Bitcoin followed suit, climbing past $88,000 and signaling renewed bullish momentum. Meanwhile, Ether continues to lag, stuck in a downtrend\u2014though bulls are attempting a turnaround by reclaiming the 20-day EMA at $1,659. Adding intrigue to Ethereum\u2019s roadmap, co-founder Vitalik Buterin introduced a bold proposal: replacing the Ethereum Virtual Machine (EVM) with the open-source RISC-V architecture. If adopted, this shift could significantly boost the efficiency and scalability of Ethereum\u2019s smart contract execution, marking a major evolution in the network\u2019s core infrastructure.<\/p>\n\n\n\n

At the time of writing, ETH was trading at $1,577.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

ETH continues to trade in a \u2018Descending Channel\u2019 and has corrected by almost 65% over the past four months. The bulls, however, defended the key support level of $1,350, and the price has bounced by almost 22% up to $1,691. The asset has strong resistance at $1,750. Once it breaks and sustains above this level, we can expect it to further rally up to $2,100.<\/p>\n\n\n\n

Key Levels<\/strong><\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2<\/strong><\/td><\/tr>
$1,350<\/td>$1,500<\/td>ETH<\/strong><\/td>$1,750<\/td>$2,150<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

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On April 21, the U.S. Dollar Index (DXY) broke below the 98 mark, hitting a three-year low and fueling a surge in risk and hedge assets. Gold soared to a record high, while Bitcoin followed suit, climbing past $88,000 and signaling renewed bullish momentum. Meanwhile, Ether continues to lag, stuck in a downtrend\u2014though bulls are […]<\/p>\n","protected":false},"author":1,"featured_media":32036,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[79,16,311,22],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32363"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=32363"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32363\/revisions"}],"predecessor-version":[{"id":32366,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32363\/revisions\/32366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/32036"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=32363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=32363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=32363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}