Ethereum Price Teetering: $1,200 Drop or $10,000 Rally?

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Ethereum Price Teetering: $1,200 Drop or $10,000 Rally?
ETHEREUMCRYPTOCURRENCYPRICE PREDICTION
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Ethereum's price struggles to stay above $2,800, with some analysts predicting a potential drop to $1,200 if key support levels fail. However, others remain optimistic, pointing to Trump-linked investments as a bullish signal.

Ethereum ’s price struggles below $2,800, with some analysts warning of a potential drop to $1,200 if key support fails.

Others, including Michael van de Poppe, remain optimistic, citing Trump-linked investments as a bullish indicator.market capitalization – is among thefew leading digital assets that have not charted impressive gains during the bull cycle in the past several months.ETH Price, Source: CoinGecko And while many industry participants believe the asset has yet to catch up with Bitcoin and the rest of the market, some arepessimistic. The popular X user Nebrascangooner recently claimed that the “potential cup and handle pattern” witnessed on ETH’s price chart is no longer valid.that the valuation formed a double top in the past year, envisioning a collapse to as low as $1,200 if it loses the $2,400 support.

Michael van de Poppe also chipped in, saying that if Donald Trump “bets massively on ETH, it’s almost foolish not to follow that route at these valuations.” To the uninitiated ones, World Liberty Financial – a DeFi project linked to Donald Trump and his family – has recently

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