$$ETH
PRICE PROJECTION $ETH FOR THE NEXT CYCLE 2028.
Forecast based on technical analysis and timing charts combined with the ETH rainbow by color we have. This article, from a long-term perspective, indicates 1ETH=18K7->26K6. We are at number 5 (Yellow).
Different colors of the bands indicate whether Ethereum is currently undervalued or overvalued. The logarithmic chart of Ethereum is used instead of the linear chart for a clearer visualization of Ethereum's long-term growth trajectory. Cooler colors indicate good buying opportunities, while warmer colors indicate good selling opportunities.
9.Dark Red: The Ethereum market is overextended, and ETH prices are likely to decrease.
8.Red: Ethereum is overbought, traders should consider taking profits.
7.Dark Orange: Buyers are dominating the market, FOMO (fear of missing out) is increasing.
6.Light Orange: The market is balanced.
5.Yellow: Investors should hold Ethereum (WE ARE HERE).
4.Light Green: Ethereum can be purchased at a relatively low price.
3.Green: A good position to accumulate Bitcoin.
2.Light Blue: A very good buying opportunity for ETH.
1.Blue: Ethereum is undervalued.
Do you have any other opinions?
Last updated: Tuesday, December 3, 2024
@Bitcoinboy-8686
(Personal analysis and information sharing, not financial advice)