- Ethereum price shows a multi-year rising wedge formation forecasting a brutal crash.
- The theoretical target projects an ETH bottom around the $500 region, suggesting a 50% nosedive from the current levels.
- A different take also shows that the bottom for this cycle could be much lower.
Ethereum price performance has been extremely important in this cycle, considering the major paradigm shift that the ETH blockchain has created. From the 2020 DeFi Summer to NFTs, the…
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