Ethereum Price Drops 5% In 7 Days: Truly An ‘Excellent Buy-The-Dip Opportunity’?
Posted On January 9, 2025
Ethereum’s (CRYPTO: ETH) price decline could be an accumulation opportunity, although traders predict further corrections before a potential rally.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Ethereum (CRYPTO: ETH) | $3,302.04 | $397.8 billion | -0.1% | -4.9% |
| Bitcoin (CRYPTO: BTC) | $94,246.74 | $1.9 trillion | -0.3% | -2.9% |
| XRP (CRYPTO: XRP) | $2.32 | $132.3 billion | +1.6% | -4.2% |
Trader Notes: Crypto chart analyst Ali Martinez says a drop to $2,900 could be highly bullish and an “excellent buy-the-dip opportunity” for a potential target of $7,000.
Crypto Wolf believes Ethereum has minimal downside remaining, with only 4-7% correction left before it starts a run to new all-time highs.
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