📈 Analysis and Prediction (ETH and FLOKI):

⬆️ ETH/USDT - After the drop on October 12 to a low of $1521, the #eth price began an upward movement that continues to this day. Today, the price reached a maximum of $1865, reaching the trendline that has been in place for the past 193 days. This is already the third attempt to break through it. Important events to consider: after two years of development, Scroll developers have finally launched the L2 mainnet protocol on Ethereum, and in November this year, the Nocturne Labs privacy protocol for the #ethereum blockchain is planned to be launched on the mainnet. If ETH breaks above $1950, the price could increase by 90% to the next resistance at $3400. If there is a dip in ETH below the $1521 level, it could fall by 30% to the nearest support at $1200.

🐶 FLOKI/USDT - On September 26, the token broke the descending resistance line and has been rising since then. Prior to the breakout, this trendline had been in place since February. On October 20, the price accelerated its growth rate and reached a high of $0.000042 seven days later. During the upward movement, #floki reclaimed the horizontal area at $0.000029. FLOKI's social metrics indicate a renewed interest in the coin, accompanied by continued price growth. Elliott Wave analysis suggests that the most likely scenario is bullish. It is likely that the FLOKI price is approaching the top of the third wave of a five-wave bullish structure. Due to its long upper wick, it is possible that the price will soon reach a local peak and correct within the fourth wave. The correction could end near the 0.382 Fibonacci level at $0.000032. After that, the fifth and final wave could lead the price to the next resistance level at $0.000048, which would mean a 25% increase from the current level and a 50% increase from the 0.382 Fibonacci support level.

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