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Ethereum (ETH) Price: Holding Above $1,772 Support Level as Analysts Watch for Next Move

  • Ethereum price is trading around $1,830, holding above crucial support at $1,772-$1,824.
  • ETH failed to end April in profit, marking its fourth consecutive month with negative performance.
  • On-chain data shows 6.36 million ETH purchased by 4.5 million addresses at an average price of $1,799.
  • Support at $1,772 is key - if broken, ETH could drop to $1,500, but holding could lead to a rise to $2,100. Technical indicators show resistance at $1,835 with support at $1,785 and $1,765.

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