Nov. 25 at 12:34 AM
$ETH.X
$BMNR $YETH Elliott Wave Pattern Signals Potential Rebound
Technical analysts using Elliott Wave theory identify Ethereum’s recent dip below
$3,000 as Wave 2—a corrective phase typically preceding bullish expansions. According to Merlijn The Trader, a chart analyst known for wave-based interpretations, “Wave 2 corrections have occurred three times before and were followed by notable upward moves in ETH. The
$2,800 region aligns with prior retracement zones, although outcomes depend heavily on broader market momentum.” https://bravenewcoin.com/insights/ethereum-price-prediction-eth-price-eyes-2800-rebound-and-potential-rally-toward-3550-following-elliott-wave-pattern