Here is our global vision of possible the Ethereum price movement in the coming years.
On the chart, assumptions according to the Elliot wave analysis The current wave of growth is probably not over yet. But whether it will reach $3000 or $4800, we will be able to adjust it based on the move dynamics of the ETH price in the future.
Then will be the correction, which will need to be calculated more accurately based on the maximum of the current growth wave, will be made. But roughly speaking, in 2024, the ETHUSD price should no longer fall below $2000-2500.
Years have passed, and now we can say with certainty that Ethereum has the status of a stable "silver" in the crypto market. (all direct competitors from 2015-2017, such as LTC, DASH, BCH, etc. who were predicted to have this status in certain periods, have clearly deflated and failed to meet the expectations of crypto users)
Therefore, it is no longer correct to dream of super growth for the price of ETHUSDT, but modest x10-x15 for a possible future 2-year growth cycle, why not?)
What do you think about this wave analysis and are you ready to hold and sell your ETH in the range of $27000-28000 ?) Write in the comments _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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+20% since the publication of the idea, quite a good result for the ETH price
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ETH = $3000 ✅
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ETH = $3300
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CRYPTOCAP:ETH price has gained +85% since the idea was published. The goal of $4800 is getting closer every time
Can you please explain the timeline required to reach the target described 27K or 28K? What do you think about the current bull run will ETH reach out for end of 2024?