In the weekly time frame, according to the Elliott wave, we are completing the fifth wave. This wave should typically reach below 880, but a time correction may occur. If the second week of October, the price of Ethereum cannot reach below $880, we can expect a time correction in the range of $1,000 to $1,280 to correct the average price of Ethereum.
Also, considering the levels of supply and demand, the price floor of $980 to the price range of $1050 for Ethereum can prevent further correction of the price. This area is currently of great importance and can provide a low-risk investment opportunity.
Also, considering the levels of supply and demand, the price floor of $980 to the price range of $1050 for Ethereum can prevent further correction of the price. This area is currently of great importance and can provide a low-risk investment opportunity.