Ethereum (ETH) Pumps and Dumps: The Next Potential Targets Revealed Ethereum (ETH) surged above $2,400 after the US midterm elections but quickly fell back below $2,300, although analysts remain optimistic about a potential rise above $3,000. Analysts are highlighting ETH's bullish structure, noting that it has printed higher lows and recovered key technical levels, indicating strength and potential for further upside momentum. Despite the recent positive inflows into ETH Spot ETFs, the Relative Strength Index (RSI) suggests that ETH is overbought around 72, indicating a possible correction that could be on the horizon.

Ethereum (ETH) Pumps and Dumps: The Next Potential Targets Revealed Ethereum (ETH) surged above $2,400 after the US midterm elections but quickly fell back below $2,300, although analysts remain optimistic about a potential rise above $3,000. Analysts are highlighting ETH's bullish structure, noting that it has printed higher lows and recovered key technical levels, indicating strength and potential for further upside momentum. Despite the recent positive inflows into ETH Spot ETFs, the Relative Strength Index (RSI) suggests that ETH is overbought around 72, indicating a possible correction that could be on the horizon.