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Ethereum Update 25/10/21: 44% from the 161.80% fibs @ $5,974

Ethereum is currently only 22% away from the price target at the 127.20% fibs @ $5,068 and 44% from the 161.80% fibs @ $5,974...6k ETH very soon 🎯🔥🚀, Since the buy signal triggered, Ethereum has grown over 30% retesting the ATH on the 21st October @ $4356. From this move ETH has retraced 5% and looks like it is ready for another retest and soon $5,068🎯

Our current ETH price targets from the current price:

127.20% fibs @ $5,068 (22% Gain)
161.80% fibs @ $5,974 (44% Gain)
261.80% fibs @ $8,592 (108% Gain)
423.60% fibs @ $12,828 (210% Gain)

Please see previous analysis below. Happy Trading :)

Update 14/10/21:Ethereum poised for a parabolic run Target @ 5k. A strong Buy signal was triggered on the Daily Chart (10/10/21) with the 13 EMA crossing up above the 50 SMA . We have been very patient with this move as a fake-out looked likely to form, from the current price level ETH is showing a clear breakout above the 78.60% Fibs, currently Ethereum is only 15% away from the ATH price in May @ $4361. This move to the 161.80% looks like it will be a very impulsive wave and may play out in 2 push phases. From the current price ETH is 42% away from the ATH , since the buy signal triggered ETH has grown over 18%+.
Chart PatternsDEFIethereumlongethereumusdethforecastethlongsetupethlongtradeETHUSDethusdlongETHUSDTFibonacciTechnical Indicators

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