Ethereum - the undiscovered potential

Our yesterday Ethereum price prediction partially came trues, as the asset reduced not to $167 but much less, to the $160 area.

If we look at the Ethereum hourly chart, the coin has not still shown its full potential, as its price has rolled back to the positions of the beginning of April.
Applying the Fibonacci retracement to the graph, the quotes are trading in the green zone, which means that bulls are accumulating their efforts to push the price up. In this case, the rate at $160 (78.6%) will be achieved in the short-term.