#BtcNewHolder Ethereum: Setting Out for a Potential $15K
Recent price activity on Ethereum has been volatile, with a sharp drop from $4,101 to $3,100. Still, Davis is upbeat, pointing to Ethereum’s triangle of consolidation as a forerunner of a breakout.
At the cycle’s high, the breakout might drive Ethereum toward notable goals like $7,500, $11,000, and an aspirational $15,000. Fibonacci extensions bolster these estimates; past market cycles’ historical accuracy helps to build trust in these pricing targets.
Recent price activity on Ethereum has been volatile, with a sharp drop from $4,101 to $3,100. Still, Davis is upbeat, pointing to Ethereum’s triangle of consolidation as a forerunner of a breakout.
At the cycle’s high, the breakout might drive Ethereum toward notable goals like $7,500, $11,000, and an aspirational $15,000. Fibonacci extensions bolster these estimates; past market cycles’ historical accuracy helps to build trust in these pricing targets.