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Ethereum Prepares For $2,850 Rally, But Analysts Warn Of Potential Dip To These Levels

  • Ethereum has recovered a crucial range lost in Q1, surging nearly 45% in the past week and hovering between the $2,400-$2,600 price range.
  • Analysts forecast potential volatility for Ethereum, with a trading range of $2,400-$2,700 expected before the next move up.
  • If Ethereum breaks past the $2,600 resistance, the $2,850-$2,900 range becomes a significant support and resistance area to watch.
  • There is a possibility of a 10%-15% pullback towards the $2,200-$2,100 mark if Ethereum loses key support levels.

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