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Ethereum price bounces off multi-year support trendline – TON BOT

Ethereum price bounces off multi-year support trendline

Ethereum is trading at $2,255.04 in April 2026, up 7.09% on the monthly chart. The price tested and held the ascending support trendline connecting major lows since 2019. The monthly MACD histogram turned positive, signaling improving momentum. Analysts predict a 3x-4x increase in the next six months with a supply squeeze on exchanges.


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