$ETH Price Prediction 05/01/2022
So the day has finally come and I am no longer a BAYC member ๐
As sad as this is for me I felt it was an appropriate time to sell due to the recent NFT market push and current state of $ETH.
I can assure this has no effect moving forwards.
That said, I do hold funds now and plan to make a few decisions as we move forwards. Stated below is a general breakdown.
- Hodl – Hold 30% for long-term growth.
- Trade – Sell 30% if weekly close does not fall within buffer zone (yellow-magenta); I would still plan to wait to see if price drops into next long-term zone (see below). If we maintain and make a push towards 3k I may consider buying into some alts.
- Exchange – Exchange 30% through a DEX. Preferably something with passive interest such as $AXS and $LOOKS.
- NFT – Using 10% for NFTs but this will likely go into one of the other categories.
Based on the fact that we touched off the next long-term zone (black) and resistance is holding at ~2850 critical, there’s a good chance that we do not hit buffer at W1 close. I would then refer to the intersection point between long-term and lower short-term support (blue) to determine future PA.

