Is Ethereum set to soar to $19,000? 😱 Elliott Wave reveals astonishing prospects! 🚀

ETH is a hot topic

Ethereum (ETH) has recently attracted significant attention, not only due to price fluctuations but also because technical analysts predict that based on Elliott Wave theory, it could break through to $19,000! The current price is $1,801.07, down 1.35% for the day; perpetual contracts are at $1,800, down 1.39%. This could be a critical moment for ETH and altcoins! 📈

🌊 Elliott Wave Analysis

Elliott Wave theory studies the cyclical 'waves' of price movement, with 5 waves up in a bull market and 3 waves of correction in a bear market. Analysts believe that ETH has completed its major correction and is ready to begin a 5-wave upward movement, the grand show is about to start!

📉 2024 Bear Market Turning Point