SUMMARY
Here is the chart of Ethereum (ETH) with the original markings and labels from a prior post. The $588 has been hit and well exceeded. The rounded price formation also was tracked pretty well. As result, the breakout seems very decisive. So, what's next?
When adding the higher degree of trend Elliott Waves, the next target for ETH is $727. This would be the target for wave 5. The subwaves of wave 3 seem complete and wave 4 is now in progress. I don't believe wave 4 will retrace more than 0.38 of the prior rise of wave 3.
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