Ethereum Price Prediction: Is ETH’s 7% Weekly Drop Just the Start?
Ethereum is testing a critical support confluence below $2.4K as its correction continues. Buyers have defended the area with several sharp reactions, but persistent lower highs suggest that selling pressure has yet to ease. Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has declined into the highlighted $2.36K–$2.44K demand zone, where the […]
AI summary
Ethereum has fallen about 7% over the past week and is now testing a critical support confluence in the $2.36K-$2.44K demand zone. Buyers have defended the area with sharp reactions, but persistent lower highs indicate selling pressure has not eased. A decisive break below this zone could open further downside, making it a key level for traders to watch.
