After nailing Ethereum’s (ETH) exact price target, RektProof reveals why a short-term correction could set the stage for a run to $4,000—and the key levels traders must watch. The $2,700 Call That Proved Ethereum’s Bull Case On April 11, as Ethereum (ETH) price traded at $1,528, crypto analyst RektProof made a definitive prediction: “This is the area that you want to get positional longs or buy spot. Willing to bet my rep that we see $2,700 soon.” RektProof Calls $2,700 Target for Ethereum (ETH) One month later to the day, ETH peaked at $2,738—validating the forecast with precision. Now, the same analyst warns of a potential 22% drop to $2,100 before Ethereum resumes its uptrend toward $3,200+. With such a bullish Ethereum price prediction, let’s explore why there is a need for a pullback before new highs. Why ETH Price Needs a Pullback Before New Highs RektProof’s latest charts show… Read More at Coingape.com

The post Analyst Who Called $2,700 For Ethereum Price Now Forecasts Drop to $2,100 Before ATHs appeared first on CoinGape.

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