$ETH
Ethereum (ETH) Price Prediction: Could It Drop to $2450?
Ethereum (ETH) has shown volatility recently, with traders closely watching key support levels. Some analysts predict a potential drop to around $2450 due to weakening momentum, profit-taking, and broader market corrections. Factors like rising interest rates, regulatory concerns, or Bitcoin’s movement could also pressure ETH’s price downward. However, strong fundamentals like growing DeFi and NFT activity may provide support above this level. Traders should watch for confirmation signals such as volume spikes or breakdowns below critical moving averages before making decisions. As always, managing risk with stop-losses is essential in a volatile market.
