Ethereum (ETH) Price Forecast: Potential 15% Drop on the Horizon?

Ethereum’s recent price surge might be short-lived, with indicators pointing towards a potential 15% decline. Weak on-chain demand and bearish technical signals, like the Stochastic Average Range (SAR), suggest a correction may be imminent.

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While the market remains volatile, the confluence of these factors suggests that Ethereum’s price could experience a pullback in the coming days or weeks.

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This potential correction could offer an opportunity for investors to acquire ETH at a more favorable price point. However, it is crucial to remain cautious and stay informed about market trends to navigate this period of uncertainty.