Ethereum (ETH) Target Reached! Is $5000 Next? Forecast & Price Targets Explained
1 extracted signal · 1 resolved · 0 still active
More Crypto Online16 Sept 2025, 17:37 UTC
AI-generated source summary
The analysis begins by noting a rally from the April low, with a June dip into a Fibonacci support zone, resulting in a three-wave pullback. This sets the stage for a five-wave run, already reaching a target of $4400, which corresponds to a 100% extension level. The analyst notes a goal to reach 5000 plus and ultimately to 5800 to complete the larger Elliott Wave Pattern, and then he mentions that the analysis suggest to watch the 200 day EMA and a trend line. The analysis suggests a consolidation with support between $3374 and $4061, and consolidation near 4400, with minimal upside of the current wave. There is a focus on wave structures (abcde) and mentioning how if it gets lower morphs to a white scenario. The next key support would be 3374, an ascending trendline and the 200 day EMA, all converging in a support area.
AI-generated summary based on the source content.
Evidence and evaluation progress
- Original source published
The analyst published the original source item.
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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