ETH Price Prediction: By April End; Will Ethereum Price Reclaim $2k or Plunge to $1.5K?
Ethereum Price Prediction: In the weekly time frame chart, the Ethereum price shows a clear failure of coin buyers to sustain above the $2000 mark. The technical chart displaying a bearish piercing candle pattern at a $2000 breakdown indicates a higher possibility for price reversal. This potential correction may offer a pullback opportunity if the ETH price manages to replenish bullish momentum at reclaimed levels. advertisement Key Points: With sustained selling the Ethereum price is poised for a 10% downfall to hit the $1700 mark The $1700 accompanied by several other technical levels created a strong accumulation zone. The intraday trading volume in Ether is $6.7 Billion, indicating a 30% loss. Source- Tradingview Amid the increasing selling pressure in the market, Ethereum price formed a local top at $2125 and reverted lower to start a new correction phase. In the last five days, the ETH’s market value dropped 12% and it c...