Top altcoin Ethereum ($eth) has once again secured a notable location in the crypto market with incredible rises. According to Intotheblock, Ethereum’s market capitalization has skyrocketed 12% in the last 24 hours, showing a robust price trajectory while approaching $2,000. The Crypto Analytics provider joined social media to discuss Ethereum’s current optimism outlook.
ETH has added an impressive 12% to its market capitalization over the past 24 hours.
On-chain data shows that the largest potential sales wall is close to $1,860.
Once that zone gives way, it looks increasingly plausible as it returns to the psychological $2,000 level. pic.twitter.com/sjvkdudvjk
– Intotheblock (@intotheblock) April 23, 2025
Ethereum is set to reach $2,000 amid a 12% increase in market capitalization
In line with on-chain analysis, Ethereum ($eth) faces modest price resistance levels, with keysel wall standing at nearly $1,860. This is a highly concentrated resistance zone containing Ethereum addresses. Effective breakthroughs beyond this range could lead to a relatively significant price increase towards the $2,000 mark. $2,000 indicates a psychological price level, and reaching it could mean bullish momentum.
Market statistics reveal that the amount of money in/out on price analysis marks $eth holdings at various price levels. Additionally, key insights highlight the price range between $1,571 and $1,623, with Ethereum as the area with the most powerful support. Within this range, a large holder volume is placed.
If the surge succeeds above $1,860, it could lead to $ETH to $2K
According to IntotheBlock, Ethereum ($ETH) is hovering for around $1,782. As this level lies between the key support ranges mentioned above, future days are important in measuring Ethereum’s potential price transfers. If $ETH succeeds in a sales wallet for $1,860, that path to $2,000 will be easy.
