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Ethereum Dips Below $2,500, But Analyst Targets Mid-$3Ks if Key Resistance Breaks

  • Ethereum (ETH) has dropped to $2,498.99, showing a decline from recent highs above $2,650.
  • Crypto analyst Altcoin Sherpa is bullish on Ethereum's mid-term outlook, targeting mid-$3,000s if key resistance is broken.
  • Ethereum's market cap is $301.68 billion, with daily trading volume at $14.85 billion.
  • Key levels to watch for Ethereum are Support at $2,430, Resistance at $2,700, Mid-Term Target at $3,000–$3,300, and Breakout Threshold at $2,750+.

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