Analyst Predicts 20% Ethereum Price Crash Below $2,000, Here’s Why
While the Bitcoin price stays close to its all-time highs, the Ethereum price has done pretty much the opposite. This failure to perform has put intense bearish pressure on the altcoin market as a whole, and the resulting price action has triggered what is seemingly a bear market for altcoins. Even now, the Ethereum price has not shown any signs of a bullish recovery, with expectations remaining bleak at this level, and analysts predicting further crashes. Why The Ethereum Price Is Headed Below $2,000 Crypto analyst Maddox Metrics has given the short and long-term outlook for the Ethereum....
Related News
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 […]
Crypto analyst Melika Trader has warned about a bearish pattern that could be forming for the Bitcoin price. Based on this, the analyst predicts that the largest crypto by market cap could crash to as low as $78,000. Bitcoin Price Forming Head And Shoulders Pattern In a TradingView post, Melika Trader revealed that the Bitcoin price is forming a complex head-and-shoulders pattern. He remarked that the left shoulder and double head had already formed while the right shoulder is currently forming, with BTC at risk of suffering a massive crash once this happens. Related Reading: Analyst’s....
After the market crash that sent the Bitcoin price falling toward $100,000, the XRP price also saw a notable decline, and this crash has brought it toward an important level. While the digital asset continues to hold above the $2.1 level, it remains critical support and a break below this could be negative for the price. This is outlined by crypto analyst The Alchemist Trader, who has shown what direction the XRP price could be headed in depending on what happens here. XRP Price Threatens Major Support Level After the almost 4.5% decline that ravaged the XRP price over the last week, it....
Crypto analyst Behdark has predicted that the Dogecoin price could suffer a major crash, sending it below the $0.30 support level. However, the analyst also provided good news as DOGE is expected to witness a massive rebound once it drops to this price level. Dogecoin Price To Crash To $0.26 And Then Rebound In a […]
Crypto analyst Captain Faibik has warned that the Bitcoin top is in, with the flagship crypto set to record a massive crash soon. The analyst predicts that the BTC price could drop below $100,000 and reach as low as $92,000 when this crash happens. Why The Bitcoin Top Is In In an X post, Captain […]