ETH : Countdown To New ATH Has Begun.
The Ethereum price could reach $18,000. Based on logarithmic projections, the measured move of this HVF could send Ethereum to the target.
Have a look : three logarithmic targets on the chart, with $18,000 being the third and last target. The first and second targets are at $3,818 and $6,236 respectively.
The Ethereum price has reached, broken, and retested the first target at $3,818.
The Ethereum price could continue this upward trend using linear measured moves.
The accompanying chart shared showed that the next linear target is at $5,193; a rally to that target would mark a new all-time high (ATH) for ETH, with its current ATH at $4,800.
The Ethereum price should hit these price targets by next year. A rally to the $7,299 target could then pave the way for ETH to reach $18,000, although the analyst already warned that it might not happen in 2025.
