Ethereum price history rings alarm bells, warns top analyst
With history appearing to echo itself, the stakes are high for ETH's journey through the remainder of this year and the advent of 2024. An unsettling projection arises from Cowen's analysis, spotlighting the potential for Ethereum to slide toward the $900 mark per token.Notably, Cowen is not the sole voice predicting such an outcome.
Just a day prior, crypto analyst, renowned in his own right, also foresaw a comparable fate for Ethereum based on meticulous technical analysis. Martinez articulated that Ethereum's fall beneath the $1,600-$1,550 range could lay the groundwork for a substantial correction ranging from 37% to 45%, ultimately targeting the $1,000 mark.
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