Ethereum Price Forecast: Expert Predicts Final Impulse Wave Targeting $18,000
The Ethereum price has once again crossed the $4,500 threshold, trading just 9% below its all-time high of $4,946, prompting a surge of bullish predictions for the leading altcoin. Bullish Reversal For Ethereum Price Market expert Gert van Lagen took to X (formerly Twitter) to share his insights, suggesting that the Ethereum price is currently following a “textbook” expanding diagonal pattern on its biweekly chart. As seen in the expert’s chart below, this expanding diagonal pattern is characterized by a series of rising trend lines, indicating a potential reversal from a....
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Ethereum has stopped at the top limit of the flat. Such an advantage on the side of the bulls could provoke an upward impulse. What is necessary for that impulse to begin? The fortification alone is not enough, as a false breakthrough can happen and Ethereum’s price will drop sharply as a result, at least down to the bottom limit of the flat. The structure has to include a turnaround wave and a correction, which will form right at a significant level. Until such a wave forms, there is a possibility of a false breakthrough. For a more confident growth, the structure of Ethereum’s price has....