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update on Ethereum (ETH) - Rich X Search Crypto
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Ethereum’s price action exhibits an incomplete impulsive wave structure, suggesting the potential for further upside after the recent pullback.

#Wave1 – Initial strong rally off the lows
#Wave2 – Pullback that held above $1,500 support
#Wave3 – Currently underway, targets $2,500-$2,800 area

#KeyLevels:

$1,700 area – Previous Wave 4 resistance turned support
$2,500 = 161.8% Fibonacci extension of Wave 1
$2,800 = 261.8% Fibonacci extension for potential Wave 3 target
#WaveStructure suggests:

Breach of $2,000 could accelerate Wave 3 rally
Any setback should find support at $1,700-$1,800
#Invalidation of bullish count below $1,500

#ETHUSDpair #EthereumPrice #CryptoTrade #SmartContracts #DeFi

If the Elliott Wave count plays out, Ethereum could see a strong rally continuation toward the $2,500-$2,800 zone in the coming weeks/months

One thought on “update on Ethereum (ETH)

  1. @pathum_kaushalya. says:

    OBX USDT UPDATE EKAK ONE

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