I REALLY BELIEVE THIS IS THE RIGHT TIME TO BAG SIME ETHERUM .
Ethereum's current trading price is around $1,640.77, and the market is trying to stabilize after weeks of strong selling and macroeconomic headwinds. Despite the uncertainty, Ethereum bulls are finding encouragement in Glassnode statistics, which show that whales have accumulated over 822,440 ETH at $1,546.55, a significant support level.
*Key Factors to Watch:*
- *Support Level:* If Ethereum holds above $1,546.55, it could support a rebound, as zones with high accumulation tend to rekindle buying activity.
- *Resistance Levels:* ETH is trading around important resistance levels, building a basis for a possible breakout that might start a fresh uptrend.
- *Market Sentiment:* Global macroeconomic difficulties continue to weigh on market sentiment, making the future unpredictable.
- *Tariff Moratorium:* The recent 90-day tariff moratorium announced by US President Donald Trump has temporarily boosted worldwide risk-taking, including cryptocurrencies.
*Expert Predictions:*
- *2025 Forecast:* According to Changelly, Ethereum's price is expected to have a potential range of $1,453.19 to $1,816.26 in April 2025, with an average price of $1,634.73.
- *Long-term Outlook:* Looking ahead, Ethereum's price prediction suggests a potential high of $7,194.28 in 2025 and $38,664.13 in 2030 ¹.
The next few days will be crucial in determining Ethereum's direction. If it can hold above the support level and push into higher resistance, it may revive the positive mood and reverse recent losses.
i think this is the right time to buy AND hold
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