Ethereum (ETH) is experiencing a period of high volatility. Currently, the price of ETH is $1,620.18 USD, with a variation of 0.01451% compared to the previous close.
📉 Short-term Trend: Analysts predict a possible decline of up to 5.24% in the coming days, with the price potentially reaching $1,597.30 by April 21. CHANGELLY.COM
| Market Indicators: The Fear & Greed index is at 32 (Fear), reflecting investors' cautious sentiment.
📊 Network Activity: Despite selling pressure, there was a 20% increase in trading volume of the ETH/BTC pair, reaching 15,000 BTC on April 19. Additionally, the number of active addresses rose to 600,000, indicating greater activity on the network.
🔮 Future Outlook: Some analysts remain optimistic, predicting that ETH could reach between $2,500 and $2,700 in May, supported by technical patterns and increased activity from large investors. cOINDCX
💡 Conclusion: Ethereum is at a critical point, with mixed indicators. While some signs point to a potential recovery, caution remains due to current volatility.
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