Ethereum Price Prediction: ETH Failed at $2.8K – Which Levels Matter Now?

• Ethereum is currently trading around $2.64K after a recovery from $1.5K, facing resistance in the $2.6K-$2.7K zone, with a potential breakout above $3K if sustained.
• The 4-hour chart indicates a recent pullback from $2.8K, with critical support at $2.4K-$2.5K; failure to hold this level could lead to further declines towards $2.25K.
• On-chain analysis shows a declining exchange supply ratio, suggesting less ETH is available for selling, but resistance at $2.8K remains significant, requiring strong demand for continued price recovery.

https://cryptopotato.com/ethereum-price-prediction-eth-failed-at-2-8k-which-levels-matter-now/