#Ethereum Price Update (ETH/USD)
đč Current Price: $2,553.27 (+4.66%)
đ On the weekly timeframe, ETH continues its bullish run, staying within the ascending channel.
1ïžâŁÂ Wave 1 marked a 164.14% price increase, followed by a correction.
2ïžâŁÂ Wave 2 mirrored a significant upward movement of 163.30%, peaking near $4,867.95.
3ïžâŁ We are currently in Wave 3, expected to move toward the $3,700 range before a potential correction.
đ Watch for a retracement (Wave 4) before the next leg up (Wave 5), keeping an eye on key levels for support and resistance.
đĄÂ Support Levels: $2,250 and $1,950
đĄÂ Resistance Levels: $4,250 and $4,867
Stay tuned for the next moves as Ethereum aims for higher highs!
