Ethereum Price Forecast Update – 15th April 2025

Ethereum’s price rose as it tries to break $1,636 resistance, supported by positive RSI signals. Silver’s price increased slightly within a constrained range, indicating a bullish trend. Bitcoin surged above $84,500 after confirming a double bottom pattern. Brent crude oil dipped but seeks momentum to breach a critical resistance level of $64.80, indicated by technical patterns.

On 15th April 2025, Ethereum experienced a measured increase in its price during the most recent trading session, as it strives to surpass the pivotal resistance level of $1,636. This movement is further supported by its position above the 50-day Exponential Moving Average (EMA), while a positive overlap on the Relative Strength Index (RSI) indicates a potential shift after reaching prior oversold conditions.

In the same time frame, silver prices showed a slight upward trend, trading within a constrained range. This change reflects an effort to gain upward momentum indicative of a bullish corrective trend in the short term, confirmed by its alignment along the established trend line.

Bitcoin has displayed significant strength, confirming a breach above the crucial resistance threshold of $84,500. This surge follows the formation of a double bottom pattern, suggesting positive momentum, complemented by encouraging signals from the RSI that suggest further upward potential.

Conversely, Brent crude oil prices have experienced a downturn in their latest intraday trading session. However, attempts to construct positive momentum continue, aiming for a recovery that could breach the significant resistance at $64.80, which represents the neckline in an inverted head and shoulders technical pattern.