$ETH The possibility of a decline in the price of Ethereum in the coming hours according to some analysts: Here is the reason!
The price of Ethereum recorded a noticeable increase, rising by 7% over 24 hours, approaching the $2700 level.
However, some analysts warned of a potential correction that could push the price down by up to 10%, reaching $2500 or even $2380, in case it fails to break through the resistance level of $2750.
Analyst "Ali Martinez" pointed out the importance of closing the price or keeping it stable above this barrier, while the Relative Strength Index (RSI) shows a value of 71, indicating that the asset is in the overbought zone and may face a decline soon.
Despite these negative expectations, others see a possible bullish scenario.