Ethereum's short-term Elliott Wave count points to a rally toward $3,000, completing a five-wave advance from the July 1 low. The RSI is at 68.29 and price holds above key moving averages, but MACD flattening suggests a possible pause. A break below $2,427–$2,358 would signal a deeper retrace toward $1,900 before new highs.
Ethereum Elliott Wave Setup Targets $3,000 Before Deeper Pullback
Source: Investing.com