Analyst Says Ethereum Price Might Have Reached ‘Wave 4’ Bottom — Path To $5,000? 📈
The Ethereum price has struggled to maintain a bullish momentum, falling from its all-time high. Currently, it's affected by economic factors, including tariffs. Despite this, the crypto analyst Darkfost suggests that Ethereum may have reached its 'wave 4' bottom and could climb to $5,000 if certain technical barriers are overcome.
The crypto analyst has identified key resistance levels and the importance of exponential moving averages, along with market sentiment indicators such as the relative strength index. With Ethereum priced around $3,741, the path to $5,000 involves surpassing technical barriers and underlying market pressures.
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