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Ethereum: Expected to reach $15,000
The price of Ethereum has recently fluctuated greatly, dropping from $4,101 to $3,100. However, Davis remains optimistic, pointing out that the consolidation triangle of Ethereum is a precursor to a breakthrough.
At the high point of the cycle, a breakout could propel Ethereum (ETH) to significant targets such as $7,500, $11,000, and $15,000. Fibonacci extensions support these estimates; the historical accuracy of past market cycles helps establish trust in these price targets.