$ETH 🚀🤑🔥💚🚀💬....✒️✒️👇🏻👇🏻
🚨🔍The current price of Ethereum is $4,154.26, having decreased by 3.37% over the past 24 hours.
This decline is due to several factors.
Among them are major economic pressures and producer price index data in the United States, which raised inflation concerns.
💹*Technical Analysis:*
- *Support Level*: The current support level is between $4,000-4,150, and if Ethereum can maintain it, this may indicate price stability.
- *Resistance Level*: The resistance level is at $4,550, and if Ethereum regains this level, this may indicate a bullish reversal.
- *Relative Strength Index (RSI)*: At 66.72, leaving room for a rebound or further correction.
*Future Predictions:*
- *Short Term*: Analysts expect Ethereum to remain volatile in the short term, with a potential drop to $3,750 if it fails to maintain support.
- *Long Term*: Analysts predict that the price of Ethereum will reach $5,997.47 by the end of 2025, according to analytical forecasts.
- *Positive Outlook*: Key indicators such as “Block Subsidy” and “Mayer Multiple” suggest the potential for significant gains during the current bullish cycle, targeting a price range between $7,200 and $11,433.
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