For a long time, the bulls have dominated the ETH price, but the bears try to strike back. Although we primarily hold on to our expectation that the price will increase and move well above $2037, there is a pretty high probability of 45% that we might face a greater correction, once we fall under $1658. In that case, we would expect Ethereum to also fall under $1445. So, as long as the price remains above $1658, the bulls should be able to win this battle.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.