$ETH Probability of Ethereum price drop in the coming hours according to some analysts: here's why!

The price of Ethereum has significantly increased, rising by 7% in 24 hours, approaching the $2700 level.

However, some analysts have warned of the possibility of a nearby correction, which could lead to a price drop of 10%, down to $2500 or even $2380, if the resistance level of $2750 is not broken.

Analyst "Ali Martinez" emphasized the importance of closing the price or its stability above this barrier, while the Relative Strength Index (RSI) shows a value of 71, indicating that the asset is in overbought territory and may face a correction soon.

Despite these negative forecasts, others see a possible bullish scenario.