Ethereum Price Breaks Out of Downward Trend, Could Reach $2,000 by April

Ethereum has decisively broken its two-month long downtrend, with bulls gaining the upper hand after crossing above the key resistance level of $1,630. Technical indicators confirm this bullish shift, with moving averages showing a bullish crossover and the DMI signaling growing trend strength in Ethereum’s price action. Market momentum is building, and if ETH maintains support at current levels, it could potentially reach the next major resistance near $1,936 in the coming weeks.