Ethereum Fails To Surpass $3,000: Predictions For The Final Days Of The Year
The Ethereum price has struggled to reclaim the critical $3,000 mark for the past 48 hours, raising concerns about potential declines in the cryptocurrency’s value if this essential support level is not regained by the end of the week. According to this analysis, Ethereum’s brief recovery could falter against existing resistance levels between $3,600 and $3,800, potentially culminating in a dramatic decline to a target price of $1,385. If this fractal model mimics Ethereum’s performance in 2022, it could signify a staggering 63% drop in value for the leading altcoin. Featured image from DALL-E, chart from TradingView.com About Author
