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Ethereum’s Fiercest Plunge May Still Unfold: Warnings From The Charts πŸ₯€πŸ•·οΈ

Darling eth’s native token soared through that sub-cpi crypto surge like shadows in the night, climbing toward a six-week peak near $1,950 πŸŒ‘ It clawed back nearly 30% since those multi-year lows at $1,510 hit weeks ago πŸ–€ Yet the momentum stalled right there, leaving the asset hovering below $1,900. Popular analyst Crypto Rover hints this tiny rejection could unleash far more chaos ahead πŸ’‰

Sinister Pattern Repeating πŸ•·οΈ

Zooming out on eth’s grander chart the commentator spots this eerie 1,369-day cycle looping with eerie precision, pushing price into wild swings πŸ¦‡ Rover warns ethereum may be heading for its biggest crash yet as history reveals two devastating sell-offs at this exact cycle point. Both followed surges just like the recent 30% jump, only to crash hard into fresh local lows 🌹

Should the fractal repeat again eth risks tumbling to $1,500 or lower marking another multi-year bottom ⚰️ But the flip side promises an explosive long-term climb afterward with targets soaring into five-digit territory near $10,000 πŸ”₯

Or Has The Bottom Already Arrived? πŸ’€

Fellow analyst MichaΓ«l van de Poppe also chimed in on eth’s impressive move above $1,900 calling it phenomenal but he rejects the doomsday vision entirely πŸŒ™ Instead on-chain signals suggest few fresh lows remain on the horizon with the market entering a buy-the-dip regime ✨

His near-term view eyes targets around $2,500-$2,700 by early Q4 after reviewing this chart.


Just another echo from the void by iconofsin.eth πŸ’–


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