$ETH

Ethereum Update | Weekly Frame

After the completion of the harmonic pattern on the weekly frame, we began to see a clear reaction from the D-reversal zone at the $1,350-$1,400 levels, a strong rebound zone.

The current price is at $1,610, and if Ethereum maintains its stability above the support zone, we expect upward targets that may gradually extend towards:

• 1,950

• 2,250

• 2,550

• The long-term target is $7,000 for the medium term.

Our View:

Accumulation at current levels makes a lot of sense for the short- and medium-term investor, with a commitment to sound capital management

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