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

ETH

ETH/USDT

$2,689.73

-1.30%

$2,689.73

-1.30%

(24s)

24h Volume

$8,667,675,084.43

24h H/L

$2,726.32 / $2,668.84

Change: $57.48 (2.15%)

Long/Short

61.0%

Long: 61.0%Short: 39.0%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,686.95

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,686.95

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.1

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.…