CryptocurrencyMagnet

Ethereum Update 25/10/21: 44% from the 161.80% fibs @ $5,974

Long
KRAKEN:ETHUSD   Ethereum
Ethereum is currently only 22% away from the price target at the 127.20% fibs @ $5,068 and 44% from the 161.80% fibs @ $5,974...$6k ETH very soon 🎯πŸ”₯πŸš€, Since the buy signal triggered, Ethereum has grown over 30% retesting the ATH on the 21st October @ $4356. From this move ETH has retraced 5% and looks like it is ready for another retest and soon $5,068🎯

Our current ETH price targets from the current price:

127.20% fibs @ $5,068 (22% Gain)
161.80% fibs @ $5,974 (44% Gain)
261.80% fibs @ $8,592 (108% Gain)
423.60% fibs @ $12,828 (210% Gain)

Please see previous analysis below. Happy Trading :)

Update 14/10/21:Ethereum poised for a parabolic run Target @ $5k. A strong Buy signal was triggered on the Daily Chart (10/10/21) with the 13 EMA crossing up above the 50 SMA . We have been very patient with this move as a fake-out looked likely to form, from the current price level ETH is showing a clear breakout above the 78.60% Fibs, currently Ethereum is only 15% away from the ATH price in May @ $4361. This move to the 161.80% looks like it will be a very impulsive wave and may play out in 2 push phases. From the current price ETH is 42% away from the ATH , since the buy signal triggered ETH has grown over 18%+.

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.