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Ethereum Price Forecast 2025: Will ETH Hit $2,800 or Fall Back to $2,400?
As the crypto market continues to grapple with heightened volatility, one development has sent shockwaves throughout the community – a significant investment by an Ethereum whale. The purchase of 48,825 ETH worth $127 million at an average price of $2,605 underscores a profound faith in the token’s long-term growth potential.
Despite recent market fluctuations, this substantial buy-in serves as a testament to the investor’s conviction that Ethereum will rebound and potentially reach new heights. This move has helped stabilize the market, and traders are now eagerly anticipating further developments.
Ethereum’s current price of $2,547 (please check updated prices here) raises the question: Will ETH hit $2,800 or fall back to $2,400? This forecast will delve into the possibilities and provide a comprehensive analysis.
ETH Price Levels: What Comes Next?
The token is currently trading within a narrow range between support and resistance. Two potential scenarios are presented below:
Bullish Scenario:
Entry: Break above $2,568 and 50 EMA
Stop-loss: Below $2,500
Targets: $2,607 and $2,647
Bearish Scenario:
Entry: Fall below $2,518
Stop-loss: Above $2,540
Targets: $2,440 and $2,300
Source: coinpedia.org
