Ethereum price forecasts for the next 48 hours
Currently experiencing sharp fluctuations, with the price dropping to lower than expected levels. Based on the latest data, here are the forecasts:
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📊 **Technical Analysis**
1. **Current Price**
- **~$2,600 - $2,800** (fluctuating depending on market conditions).
2. **Critical Levels:**
- **Strong Support:**
- **$2,500** (key – if broken, it may drop to $2,200).
- **$2,200** (long-term support).
- **Resistance:**
- **$2,800 - $3,000** (needs to be broken to start a real recovery).
📉 **Possible Scenarios (48 hours):**
- **Bullish Scenario (if the market improves):**
- Break **$2,800** → target **$3,000 - $3,200**.
- **Bearish Scenario (if pressure continues):**
- Break **$2,500** → slide to **$2,200**.
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✅ **Use Stop-Loss Orders** around **$2,450** if you are a buyer.
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🔍 **Influencing Factors**
1. **Market Risks:**
- Volatility drives ETH down.
- Concerns over global economic recession.
2. **Ethereum News:**
- Any delays in updates to **EIP-4844** (Proto-Danksharding) may pressure the price.
- Decreased network fees (Gas Fees) may reduce demand for ETH.
3. **Layer 2 Competition:**
- Networks like **Arbitrum**, **Optimism** are attracting Ethereum users
🚨 **Reminder:**
- Markets are very volatile, and forecasts may change suddenly.
- Only invest what you can afford to lose, and avoid emotions in trading.