Ethereum Analysis – 29.Apr.2025

Ethereum Analysis: By analyzing the #Ethereum chart on the weekly (logarithmic) timeframe, we can see that after reaching the demand zone between $1400 and $1550, buying pressure increased significantly. Currently, Ethereum is trading around $1800, and I expect to see the next bullish wave soon. The potential upside targets are $1990, $2500, and $2600.
This analysis will be updated accordingly!
(This Post on TradingView)
Author : Arman Shaban
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