Ethereum $1,912.51with technical data and in -chain developments, it moves in a long -term decline channel. Investors state that market expectations and indicators increase the uncertainty on crypto currency valuation. While the price testing critical support levels, the perception in the market becomes increasingly cautious. According to technical analysis, the current appearance of Ethereum points out that the decline trend may continue.
Ethereum Graphics and Technical Data
The price of Ethereum follows a significant decrease channel in the graphics. Technical analysis indicators show that sales pressure has increased and investors move cautiously.
The MACD (moving average convergence Iraqs) indicate the weak purchasing power, while the price, which is under the 5 -day and 200 -day moving averages, raises the possibility of consolidation. Technical analysts say Ethereum can test critical support levels between $ 1800-1850. The fact that he was below $ 2000 strengthened negative views in the market.
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Market commentators predict that lower levels can be seen if the decline channel continues. Ethereum’s unstable course of price makes the decision -making process of investors.
Corporate estimates and market dynamics
The expectations of the major financial institutions about Ethereum also began to differentiate. Standard Chartered reduced the Ethereum price forecast for 2025 from $ 10,000 to $ 4,000. This decision increased concerns in the market and increased the uncertainty about Ethereum’s future performance.
In addition, the spread of Layer 2 technologies and the entry of the new Converge Blockchain to the market led to a slight reduction in Ethereum’s market value. Experts say that these developments may affect Ethereum’s network usage rates and total wage income.
In addition, some stock market investment funds (ETF) related to Ethereum became one of the factors affecting the decisions of investors. ETFs did not bring any mobility as expected to the market, and their effects on the price of Ethereum remained limited.
Investors continue to act carefully in existing market conditions. Technical data and market dynamics show that price fluctuations may continue.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
