As per Elliott Wave analysis ETHUSD is making a bigger recovery ahead of hard fork, ideally an A-B-C flat correction into a higher degree wave B. But, we are already tracking final stages of wave C of B that can find the resistance around 3000, maybe even 3500 area, from where we should be aware of strong bearish reversal back to lows for a higher degree wave C

ETH/USD 4h Elliott Wave analysis chart

ETHUSD


Finally, another ELLIOTT WAVE OPEN DOOR Event is here. See all of our charts FREE for 10 days. Join us at Elliot Wave Forecast!


By using Wavetraders website, any services, products, and content contained here, you agree that use of our service is entirely at your own risk. You understand that there is a very high degree of risk involved in trading on the markets. We assume no responsibility or liability for your trading and investment results. The charts, and all articles published on www.wavetraders.com are provided for informational and educational purposes only!

By using the information and services of www.ew-forecast.com you assume full responsibility for any and all gains and losses, financial, emotional or otherwise, experienced, suffered or incurred by you.

Recommended content


Recommended Content

Editors’ Picks

The crypto market is stuck in the mud

The crypto market is stuck in the mud

The crypto market has been hovering in a narrow range for the past four days, adding just over 2.5% over the past seven days to $2.72 trillion. These are levels below the 200-day moving average, indicating that the balance of power is now on the sellers' side.

More Cryptocurrencies News
Fintech and crypto firms push for bank licenses under Trump administration

Fintech and crypto firms push for bank licenses under Trump administration

Fintech and crypto firms seek bank charters under Trump, aiming for growth, lower costs, and legitimacy amid expectations of a more business-friendly regulation.

More Cryptocurrencies News
ETH consolidates below $2,000 as Standard Chartered alters its prediction for 2025

ETH consolidates below $2,000 as Standard Chartered alters its prediction for 2025

Standard Chartered analysts led by Geoffrey Kendrick lowered the bank's expectations for Ethereum's price in 2025. The bank adjusted its latest prediction, reducing Ethereum's 2025 price target from $10,000 to $4,000.

More Ethereum News
Solana price faces 50-day resistance as SOL futures debut on CME Group with $5M volume on fifth anniversary

Solana price faces 50-day resistance as SOL futures debut on CME Group with $5M volume on fifth anniversary

Solana (SOL) stagnated around the $128 mark on Monday despite multiple bullish catalysts. The recent SOL unlocks by Alameda Research, ahead of FTX creditor repayments, have created a persistent bearish overhang since early March.

More Solana News
Bitcoin: BTC at risk of $75,000 reversal as Trump’s trade war overshadows US easing inflation

Bitcoin: BTC at risk of $75,000 reversal as Trump’s trade war overshadows US easing inflation

Bitcoin price remained constrained within a tight 8% channel between $76,000 and $84,472 this week. With conflicting market catalysts preventing prolonged directional swings, here are key factors that moved BTC prices this week, as well as key indicators to watch in the weeks ahead. 

Read full analysis
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

BTC

ETH

XRP