Ethereum Rollercoaster: Will It Soar, or Just Stumble Into the Abyss Again? 😂📉

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And once again, the great dance of Ethereum begins—a correction, a fall to the cold, hard earth of $1,750; now it claws its way back, battered and indignant, straining for the elusive summit at $1,850. The crowd watches, hoping for miracles or only for distraction from their dreary days.

  • Ethereum, like an old worker after payday, tries climbing above $1,800 once more, rescuing its dignity after a tumble.
  • The price, stubborn as a mule, plants itself above $1,800 and clings to the 100-hourly Simple Moving Average, as if to say, “Not today, gravity!”
  • Some whispered about a “key trend line”—it snapped beneath Ethereum’s calloused boots at $1,820. (Take that, bears! 🐻❌)
  • All eyes on $1,850: the wall as high and unforgiving as a tsar’s palace gate. Can the price break through, or will the mob be left out in the cold… again?

Where Is Ethereum Dragging Itself Now?

Ethereum, like an old fighter haunted by the bell, staggered from $1,880—fell below $1,850, then $1,800. At $1,750, it found itself lying in the gutter, pondering life.

Barely catching its breath, it lurched upward once more: past $1,800, $1,810, the crowd gasping with each feeble ascent. Around the 50% Fib retracement mark, they cheered slightly louder—hope, that most dangerous of human diseases, spreads fast.

Cracking another “important line” at $1,820, Ethereum now limps along above $1,800, clutching the 100-hourly SMA like an old man grips his crutch.

But look ahead—obstacles loom! $1,840: a bureaucratic thicket. The infamous 76.4% Fib retracement: a bribe not yet paid. $1,850—still, the real beast to slay. And then? $1,880, the promised land where speculators dream of riches they will spend on nothing because joy is fleeting.

Should Ethereum, in a fit of irrational exuberance, vault above $1,880, then $1,920 stands ahead, like a bureaucrat with a suspiciously thick ledger. Perhaps it could lurch toward $2,000, maybe $2,050, and then what? More existential dread, maybe some champagne.

Will Ethereum Collapse Back Into the Pit?

Should the climb stall—should $1,850 prove too high, too cruel—Ethereum may tumble without ceremony. The first trembling support waits at $1,820; another, more fragile at $1,810.

Trip and miss those, and down it goes to $1,780—then $1,750, the mud and cold, where dreams go to get stepped on. Drag further, and $1,665 beckons like a warden at closing time.

Technical Sideshow 🎪

Hourly MACD – The MACD for ETH/USD inches bullishly, full of bravado—but for how long before reality returns?

Hourly RSI – The RSI for ETH/USD lingers above 50, wondering whether it should aspire or surrender to gravity.

Major Support Shack — $1,810

Major Resistance Fortress — $1,850

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2025-05-07 06:41