Some analysts believe that the Ethereum price could recover
For example, Akash Girimath, leading crypto analyst at FXStreet, analyzed the Ethereum price chart and found that the big investors control the trend of the altcoin.
It is assumed that the price could recover up to $ 1,284 and the buy stop liquidity will collect above this level. If this upward trend really continues, the target for the Ethereum price can be between about 1,400 – 1,700 dollars.
However, the current situation around the world must be taken into account here, because investors should continue to prepare for potential headwinds due to monetary policy pressure and the recession concerns directly related to it.
