{"id":21588,"date":"2025-04-13T12:00:32","date_gmt":"2025-04-13T12:00:32","guid":{"rendered":"https:\/\/cryptd.in\/ethereum-reclaims-key-support-at-1574-heres-the-next-price-target\/"},"modified":"2025-04-13T12:00:32","modified_gmt":"2025-04-13T12:00:32","slug":"ethereum-reclaims-key-support-at-1574-heres-the-next-price-target","status":"publish","type":"post","link":"https:\/\/cryptd.in\/zh_tw\/ethereum-reclaims-key-support-at-1574-heres-the-next-price-target\/","title":{"rendered":"Ethereum Reclaims Key Support At $1,574 \u2013 Here\u2019s The Next Price Target"},"content":{"rendered":"<p>Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-eth-consolidates-within-tight-range-as-key-support-level-forms-details\/\" target=\"_blank\" rel=\"noopener \">tight consolidation zone<\/a> between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. Notably, renowned crypto analyst Ali Martinez has highlighted the potential next price target for the second-largest cryptocurrency.\n<\/p>\n<h2><strong>ETH Bulls Set Sights On $1,810 Resistance<\/strong><\/h2>\n<p>In an<a href=\"https:\/\/x.com\/ali_charts\/status\/1911038733303886126\" target=\"_blank\" rel=\"noopener nofollow\"> X post<\/a> on April 12, Martinez shares an Ethereum price prediction using on-chain data from analytics company IntoTheBlock. Martinez\u2019s post shows that Ethereum has now reclaimed a critical support level at a demand zone between $1,547 and $1,595. This zone represents a significant accumulation area, with approximately 5.48 million ETH held by 2.83 million addresses at an average purchase price of $1,574.\n<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GoVcEzhXIAAmKED?format=jpg&amp;name=4096x4096\" alt=\"Ethereum\" width=\"2598\" height=\"1080\" loading=\"lazy\" \/><\/p>\n<p>The resurgence in buying activity around this price region indicates a considerable trading volume which is critical to sustaining the current bullish momentum. At press time, Ethereum trades at $1,642 showing signs of resilience following its recent breakout.\u00a0<\/p>\n<p>If the price rally persists, Martinez explains the altcoin is headed for a strong resistance zone between $1,791.11 and $1,838.86. This area contains 1.61 million ETH held by 3.2 million addresses at an average price of $1,810. Notably, this zone is visualized in red indicating that many of these investors are \u201cout of the money\u201d and are likely to sell once prices recover\u2014 offering a potentially significant resistance to Ethereum\u2019s ongoing rebound.<\/p>\n<p>If ETH bulls can surge past this resistance level, it could confirm a trend reversal for the altcoin following a consistent decline since the altcoin hit the $4,000 price zone in December 2024.\n<\/p>\n<h2><strong>Ethereum Market Overview<\/strong><\/h2>\n<p>Generally, IntoTheBlock\u2019s data shows 56.7% of ETH addresses are currently \u201cin the money,\u201d representing 8.3 million ETH worth about $13.24 billion. In contrast, 41.99% (6.14 million ETH) of holders are \u201cout of the money,\u201d suggesting the market sentiment still largely remains cautious.<\/p>\n<p>Meanwhile, only 191,830 ETH (1.31% of total volume) is considered \u201cat the money,\u201d signaling minimal congestion around the current price level, which may favor a swift move in either direction.<\/p>\n<p>At the time of writing, Ethereum continues to trade at $1,642 as earlier stated, with a price decline of 8.50% in the last week. Meanwhile, daily trading volume is down by 13.08% indicating a waning market interest which could be potentially harmful to the ongoing price rally.\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/o0ut3TBd\/\" alt=\"Ethereum\" width=\"1563\" height=\"893\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a tight consolidation zone between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. Notably, renowned crypto analyst [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum Reclaims Key Support At $1,574 \u2013 Here\u2019s The Next Price Target - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/zh_tw\/ethereum-reclaims-key-support-at-1574-heres-the-next-price-target\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Reclaims Key Support At $1,574 \u2013 Here\u2019s The Next Price Target - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a tight consolidation zone between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. 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