Crypto Analyst Issues Ethereum Alert, Predicts ‘One Final Shakeout’ for ETH – Here Are His Targets
A cryptocurrency analyst and trader is saying that Ethereum (ETH) is primed to fall to levels last recorded in late 2023.
The analyst pseudonymously known as Capo tells his 104,092 Telegram subscribers that Ethereum could fall by over 26% from the current level.
“Ethereum has been ranging between $2,000 and $2,800 for two months. It appears to be an accumulation range. However, as mentioned in recent days, it is likely that we will see one final shakeout before an expansion, to $1,800 – $2,000 (the spring phase of the accumulation schematic).”
Ethereum is trading at $2,430 at time of writing.
According to the pseudonymous analyst, an Ethereum collapse could lead to altcoins plummeting, consequently…
