#USElectronicsTariffs $ETH

💰 Current Price and Performance

• Current Price: $1,630.74

• Daily High: $1,684.74

• Daily Low: $1,617.38

• Daily Change: Down by 0.05%

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📊 Technical Analysis

• Overall Trend:

Ethereum is currently trading in a sideways range between $1,500 and $1,900, with strong resistance at $2,000 and critical support at $1,750.

(Source: Binance)

• Momentum Indicators:

The Relative Strength Index (RSI) indicates bearish momentum, with balanced long and short positions in the futures market.

• Technical Warning:

A Fair Value Gap (FVG) on the 4-hour chart could suggest additional selling pressure.

(Source: TradingView)

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🔮 Future Predictions

• Short-Term (April 2025):

ETH is expected to reach around $1,854.76 by April 17, which would be a 12.87% increase.

(Source: CoinCodex)

• Mid-Term (May 2025):

Projected price range between $2,500 and $2,700, supported by an ascending triangle pattern and increased whale activity.

(Source: CoinDCX)

• Long-Term (End of 2025):

Forecasts suggest ETH could surpass $5,000, driven by growing demand and the possible approval of Ethereum ETFs.

(Source: MarketWatch)

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⚠️ Important Notes

• Volatility:

Ethereum has dropped by 51.3% since the start of 2025, largely due to whale sell-offs.

(Source: TradingView)

• Technical Context:

ETH has been in a downtrend for the past four months, falling about 65% from its peak in December 2024.

(Source: ZebPay)