Ethereum (ETH) Price Prediction for April 6
April 6, 2025
The last day of the week is bearish for most of the coins, according to CoinStats.CoinStats”>
The rate of Ethereum 
ETHUSD has declined by almost 1% since yesterday.TradingView”>
On the hourly chart, the price of the main altcoin is about to break the local support of $1,796. If it happens and the daily bar closes below it, the decline is likely to continue to the $1,780 mark soon.TradingView”>
On the bigger time frame, the rate of ETH is looking bearish as the growth did not last long after a false breakout of the support of $1,754.
If bulls cannot seize the initiative shortly, traders may expect a test of the aforementioned mark soon.TradingView”>
From the midterm point of view, sellers are also more powerful than buyers. If a breakout of the $1,754 level happens, there might be a more profound drop to $1,600.
Ethereum is trading at $1,794 at press time.
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