According to BlockBeats, market analysts suggest that the recent drop in Ethereum is a technical pullback intended to retest key support levels before potentially rising to $3,000 and beyond. Cryptocurrency analyst Titan of Crypto points out that the Stochastic Relative Strength Index (RSI) is currently at 79, indicating that ETH still has upward momentum.
Analyst Chimp of the North believes that the drop in Ethereum may be limited to $2,400. He suggests that Ethereum could continue to pull back to retest the support level of $2,400 before rising, with a target range of $3,000 to $3,300. #BinanceAlpha$1.7MReward #EthereumSecurityInitiative $BTC ,$ETH
