Ethereum (ETH) has recently shown a 14% increase in its value over the past week, indicating renewed strength. Despite this positive movement, Ethereum has been struggling to surpass the $1,900 mark since April 2, underscoring the importance of key resistance levels in the near future.

The potential direction of Ethereum's price movement, whether it rises or falls, will likely be influenced by how it interacts with major support and resistance levels.

A decline in Ethereum's BBTrend from 11.83 to 8.77 over two days ago suggests a cooling momentum, although the indicator has remained positive for the last three days. This may indicate the beginning of a consolidation phase where the market pauses before deciding on its next significant move.

The number of Ethereum whales, holding between 1,000 and 10,000 ETH, has stabilized around 5,458 for the past four days. This steadiness could imply a neutral stance among major players, possibly leading to reduced volatility and stagnant price action until a clear trend emerges.

Ethereum's Exponential Moving Average (EMA) lines currently show a bullish alignment, with short-term EMAs positioned above long-term ones, indicating an upward momentum. Ethereum's attempted breakout above the $1,828 resistance level was unsuccessful, with the next targets being $1,954 and $2,104 if it successfully surpasses this resistance.

On the other hand, a failure to break through and maintain above $1,828 could result in a price decline towards $1,749, with further support levels at $1,689, $1,537, and $1,385 potentially coming into play if selling pressure increases.