2 hours ago

Ethereum Price Could Retest $3.4K Before Bulls Return, Analyst Warns

TLDR: Ethereum price trades just above $4,000 after a 12.5% weekly drop, signaling possible extended correction. Analyst sees $3,635 as next critical support with $3,350–$3,160 range as possible bottom before rebound. RSI at 71.1 signals near-overbought levels, aligning with expected short-term pullback before continuation. Breaking $4,500 resistance could trigger bullish continuation toward $4,676 if buyers [...]

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Source: Blockonomi →