May 1, 2026

$ETH Price Prediction 05/01/2022

$ETH Price Prediction 05/01/2022

$ETH Price Prediction 05/01/2022

$ETH Price Prediction 05/01/2022

Ethereum / U.S. dollar BITSTAMP:ETHUSD
CheddarBizcuitz


$ETH Price Prediction 05/01/2022

So the day has finally come and I am no longer a BAYC member 🙁

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.

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