ETH-USD Trading Predictions

ETH-USD trading chart for 2025-04-28

1 Day Prediction

Target: April 29, 2025
Close

$1795

Open

$1790

High

$1820

Low

$1770

Description

The price is expected to stabilize around 1795.00 as recent support levels hold. RSI indicates oversold conditions, suggesting a potential bounce. However, bearish sentiment persists due to recent volatility.

Analysis

The past 3 months show a bearish trend with significant volatility. Key support at 1750.00 has been tested. RSI is low, indicating potential for a short-term rebound, but overall sentiment is cautious.

Confidence Level

7/10

Potential Risks

Market sentiment remains fragile, and any negative news could lead to further declines.

1 Week Prediction

Target: May 6, 2025
Close

$1820

Open

$1800

High

$1850

Low

$1780

Description

A slight recovery is anticipated as the market may react positively to potential bullish news. The MACD shows signs of a bullish crossover, but caution is advised due to recent bearish trends.

Analysis

The stock has been in a downtrend, with recent lows indicating bearish pressure. Support at 1750.00 is critical. Volume spikes suggest potential reversals, but overall market sentiment is still bearish.

Confidence Level

6/10

Potential Risks

Uncertainty remains high; any macroeconomic news could sway the market significantly.

1 Month Prediction

Target: May 28, 2025
Close

$1900

Open

$1850

High

$1950

Low

$1800

Description

A gradual recovery is expected as the market stabilizes. Fibonacci retracement levels suggest resistance at 1950.00, but bullish momentum may build if support holds.

Analysis

The stock has shown signs of recovery potential, with key support levels holding. The RSI indicates a potential upward movement, but the overall trend remains cautious due to previous declines.

Confidence Level

7/10

Potential Risks

Market volatility and external factors could impact this prediction significantly.

3 Months Prediction

Target: July 28, 2025
Close

$2100

Open

$2050

High

$2200

Low

$2000

Description

If the bullish trend continues, the price could reach 2100.00. However, resistance at 2200.00 may pose challenges. Market sentiment could shift based on macroeconomic developments.

Analysis

The stock's performance over the last three months has been volatile, with a bearish trend dominating. However, potential bullish signals are emerging, and if support levels hold, a recovery could be on the horizon.

Confidence Level

5/10

Potential Risks

Long-term predictions are uncertain; macroeconomic factors and market sentiment could lead to significant fluctuations.