Today we have a prospect of the future price of ETH.
So each time there was a hype for this coin we could count on 1650% - 1850%.
Once it happened in 2016 just in 84 days.
The second time was in 2017 and took two times longer 168 days.
We can take the average of this time period in order to estimate the time needed to reach another hights. This will happen. For sure. This is the second most respected coin on earth and it will be definitely on the radar of investors.
Our estimation is based on the past bulls’ rallies. This time can be different as we expect lots of institutional money to flow in 2019.
So here the details.
1. The rally will be fast with no major drop downs.
2. It will take 6 weeks to 3 or 4 months
3. The start will happen abruptly
4. The price is close to the big support at 0.02868 which makes it even more possible to start the rally now
5. At the end of the rally, we can reach 0,53 BTC on its value.
6. We also marked inverted Pattern. This looks like the full cycle has been finished. Waiting to start the new one. The first wave
should be this above-mentioned bull rally.
So once again. Our today’s assumption is based on the past. We presume an influx of the institutional money into crypto so mooning might be much quicker.
This is the minimum option and makes perfect sense for us.
What do you guys think? Do you expect such figures quicker? Please leave a comment down below.
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