The experts have now started to call out ETH boldly, claiming that Ethereum is now on the verge of a breakdown. These experts are also claiming a surprising new move in their Ethereum price prediction series, the one that claims that ETH may also soar back to hit $3.9K in a surprising new move. What’s happening with ETH, and when can we see such changes? Let’s find out.
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Ethereum Price Prediction: What’s The Latest Goal Of The Asset?
As per Crypto Patel, Ethereum is currently breaking many hearts, as it failed to hold on to the last support, slipping to trade between $1800 and $2000 price levels. Patel’s analysis is rather simple. The expert shared how he is now waiting and keenly watching the next levels, as Ethereum price prediction locks new price targets.
The expert was quick to share how ETH manages to hold on to the $1800 support line; its price could jump to hit $2650 gradually. However, if the Ethereum price fails to do so, it may drop further down, exploring a low of $1300.
“First Dagger → Bull Flag lost & Breakdown of $3,700 Level. Second Dagger → Ascending Triangle failed and broke $3,000 support. Now trading between $2000 and $1850. Watching These Levels Closely. Hold $1,800. Relief Bounce Toward $2,650. Lose $1,800. $1,300 Becomes the Target (Accumulation Zone). No guessing. Just following price action.”
ETH to $4900?
Apart from Patel, Javon Marks, another leading cryptocurrency expert, shared his analysis in his latest X post. Marks added how Ethereum’s price prediction is more than theory, and the asset may hit $4900, as the asset is maintaining its bull divergence pattern.
“$ETH is maintaining a larger hidden bull divergence pattern! With a full response, Ethereum can recover over 140% back to, if not even above, its current all-time highs in the $4,900 areas…”
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