🚀 Ethereum's Technical Analysis Suggests Potential Price Targets
#Ethereum #TechnicalAnalysis #ETH #PriceTargets #Cryptocurrency #WaveTheory #GarrettJin #Odaily #MarketAnalysis
According to Odaily, Garrett Jin, representative of '1011 Insider Whale,' has released a technical analysis on Ethereum (ETH). The analysis indicates that the C wave decline began on October 10 and faced resistance around November 20, with a failed fifth wave decline on December 18, suggesting a weakening downward momentum.
Jin believes that ETH has re-entered the fifth wave of the ascending channel formed since April of last year. Based on this technical structure, he has proposed theoretical price targets of $5,413 and aggressive targets of $7,155.#Ethereum #TechnicalAnalysis #ETH #PriceTargets #Cryptocurrency #WaveTheory #GarrettJin #Odaily #MarketAnalysis