Ethereum (ETH): Did 60% Move, Time For Correction?
2024-12-09

Ethereum has reached one resistance zone on a weekly imeframe, where we are seeing some kind of wekness kicking in (after having more than 60% of market price movement to upper zones).

Ethereum has performed more than great lately where we caught that bounce zone from lower support zone, but it is time to see some small correction in order to get a healthy breakout from resistance and move to new ATHs. 

So we are seeking to see some kind of downward movement from here that could drop the price as low as $2,800 (but realistically, we are aiming to see more than $3,100).

Swallow Team 