Comment on Ethereum to Underperform? Standard Chartered Revises Forecast by Ethereum Price Target Cut to $4K—Top ETH Rivals Poised for Massive Gains!

[…] Standard Chartered analysts who first supported Ethereum have reduced their price target through a 60% decrease. Analysis from their team indicates Ethereum faces barriers to crossing the $4,000 level before the upcoming months. The new price forecast from analysts fits existing technical patterns because Ethereum shows bears pennant formations in its price graph. Such patterns tend to indicate future price drops so ETH faces additional risks of falling. […]