#Rebound Coin Recommendations #ETH ethereum Ethereum's roadmap to $5000 or more
Our previous update indicated that according to the Elliott Wave principle (EW), Ethereum (ETH) completed a larger fourth corrective wave, which is technically known as an uptrend, targeting a level above $6100. We also showed our preferred number of short-term waves, indicating that Ethereum was finishing several fourth and fifth minor waves to ideally reach around $3100 for the first wave of this larger move to over $6100. See Figure 1 below.
Figure 1. Our preferred short-term EW number for Ethereum.
In fact,