(1) ETH completed ABC correction when price reach 94.2% fib level (2) That correction is a very big 1-2 wave (3) I use fib projection to find where the wave 3 will be, so the target is 2,368 / 3,783 / 6,071 161.8% : 2368 ( 1700% ) 261.8% : 3783 ( 2700% ) 423.6% : 6071 ( 4454% )
I think ETH will not going down more than 94.2 % fib ( 80$ low ) because it seem to be bottom for it. But yeah, it might take a long long long while to reach above targets, maybe 5 - 10 years up to world economic and bitcoin price. But I think in the end ETH will survive the crypto winter.
Except. it going lower that 80$... let's trash it haha
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