Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 ...

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 ...

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must be held back to prevent a deeper retrace that could lead to substantial losses and heightened liquidation rates not witnessed in months. Make-Or-Break Moment For Ethereum Price Crypto analyst “Inspo Crypto” has drawn....


Related News

Crypto Analyst Predicts Ethereum Blowout To $10,000, Here’s The Timeline

Ethereum seems to be on a roll recently after BlackRock announced that it has filed for a Spot Ethereum ETF. The news of the filing propelled the price above the $2,000 level for the first time in six months, bringing the mega bulls out of the woodwork. In line with this, one analyst has predicted […]

Ethereum Price Could Go Up Over 860% To Break $10,000, Crypto Analyst

Ethereum value has taken some hits in the past few months as the coin has since significant losses in the price after the digital asset had hit its all-time high back in May. The price of ethereum had gone as high a $4,300, but the price has since crashed over 50% since then and now sits at less than $2,000 at the time of this writing. Notwithstanding, crypto analyst and trader Kaleo predicts that the price of ETH is set to grow immensely in the next 12 months. The crypto analyst looks through movements of ethereum from back in 2017 and predicts that based on this, the digital asset is....

Analyst Predicts Crypto Altseason Coming Early Next Year

Strong moves from Bitcoin this week have rekted altcoins in the process. In the last 24-hours, the leading crypto posted +8% gains to $18.2k. With its current run of form, many analysts expect Bitcoin to break its previous all-time high soon. Analyst ConnorNix predicts we’ll see a retest of $17.1k, followed by an upswing to […]

Bitcoin’s Bullish Setup to Send Ethereum to $2,000, Asserts Analyst

Ethereum bulls should prepare for a price rally towards $2,000 in the next couple of weeks/months, per a recent analysis provided by Jebb McAfee. The independent market analyst spotted a flurry of upside fundamentals, ranging from Ethereum’s growth as a decentralized application server to its rising search volumes on Google, before deciding to go all bullish on the world’s second-largest cryptocurrency. Bitcoin Dominance Meanwhile, Mr. McAfee also mentioned Bitcoin, Ethereum’s contender for the top spot, […]

Creator Of The S2F Model Is Ready For “Second Leg” Of Bitcoin Bull Run

After a harsh correction period, the mysterious analyst known as PlanB predicts Bitcoin will reach unexplored heights. That’s what his famous and often quoted Stock-To-Flow or S2F model predicts, and so far everything seems to be going according to plan. PlanB, that is. The analyst behind the pseudonym refers to “the point of no return,” […]