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BitSky000

09/27 06:47

Experts Caution of Ethereum Price Pullback: $3,500

Experts Caution of Ethereum Price Pullback: $3,500 Touchdown Soon?
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  • An analyst recently warned that Ethereum price could pull back to mid-$3,000s range.
  • Triangle pattern breakdown targets confluence of 20-week MA and trend line.
  • Analyst Ted identifies $4,060 as critical support level for ETH recovery.

Ethereum faced a potential downside to $3,500 according to analyst Dan Gambardello’s recent technical analysis.

The analyst expects continued pullback toward the 20-week moving average confluence around mid-$3,000s levels.

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