Standard Chartered Cuts Ethereum Target 47% as ETH Slips Below $1,800

ETH

ETH/USDT

$2,473.12

+0.50%

$2,473.12

+0.50%

(24s)

24h Volume

$3,968,771,701.90

24h H/L

$2,474.44 / $2,443.04

Change: $31.40 (1.29%)

Long/Short

60.3%

Long: 60.3%Short: 39.8%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,459.79

▲ 0.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,459.79

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.9

BeInCrypto Editorial

(12:23 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

Standard Chartered slashed its 2026 Ethereum (ETH) price target by 47% to $4,000, yet kept its long-term forecast untouched at $40,000 for 2030, implying more than 20x upside even as ETH traded below $1,800.

The bank framed the steep cut as a cyclical setback rather than a broken thesis. It still expects ETH to recover after a possible capitulation low near $1,400.

Ethereum (ETH) Price Performance.…