{"id":152601,"date":"2025-03-06T17:00:58","date_gmt":"2025-03-06T15:00:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152601"},"modified":"2025-03-06T15:37:54","modified_gmt":"2025-03-06T13:37:54","slug":"ethereum-may-suffer-a-50-decline-according-to-market-analyst","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-may-suffer-a-50-decline-according-to-market-analyst\/","title":{"rendered":"Ethereum May Suffer a 50% Decline, According to Market Analyst"},"content":{"rendered":"

Pizzino highlighted<\/a> <\/strong>the possibility of Ethereum<\/a> <\/strong>losing over 47% of its current value. He pointed out that ETH may have formed a bearish double-top formation on its weekly chart, a signal that typically points to weakening bullish pressure and a potential decline in price.<\/p>\n

According to Pizzino, Ethereum is showing signs of vulnerability, with a possible drop to the $1,600-$1,700 range, down from its current level near $2,100. If the cryptocurrency’s price continues to fall, the next potential support could be between $1,500-$1,600, with even lower levels, around $1,200 or $1,300, possibly coming into play.<\/p>\n

Pizzino noted that similar price movements have occurred with various assets, including Bitcoin, stocks, and the S&P 500.<\/p>\n