Ethereum ends the trading week with a correction at the level of 2312. Moving averages indicate a bearish trend for ETH/USD. Prices are again testing the area between the signal lines, which indicates growing pressure from cryptocurrency sellers and a potential continuation of the fall from current levels. At the moment, we can expect an attempt to develop a bullish price correction and a test of the resistance level near the 2525 area. From where we can again expect a downward rebound and a continued decline in the rate and value of Ethereum with a potential target below the level of 865 as part of the weekly exchange rate forecast.
Ethereum Forecast ETH/USD April 27 – May 1, 2026
An additional signal in favor of a fall in ETH/USD quotes in the current trading week April 27 – May 1, 2026 will be a test of the resistance line on the relative strength index. The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option for the fall in the value of the cryptocurrency in the current trading week will be a strong growth and a breakdown of the level of 3005. This will indicate a breakdown of the resistance area and continued growth of ETH/USD quotes with a potential target above the level of 3705. Confirmation of the fall of the Ethereum cryptocurrency will be a breakdown of the support area and closing of quotes below the level of 1825, which will indicate a breakdown of the lower boundary of the bullish correction channel.
Ethereum Forecast ETH/USD April 27 – May 1, 2026 suggests an attempt to develop a bullish correction and test the resistance area near the level of 2525. From where we can expect a rebound downwards and a continuation of the fall of the cryptocurrency to the area below the level of 865. An additional signal in favor of a decline in the Ethereum rate will be a test of the trend line on the relative strength index. Cancellation of the fall option will be a strong growth and a breakdown of the 3005 area. In this case, we should expect a continuation of the rise with a target above the 3705 area.
