$50 Is Final Target For Ethereum Correction According To Elliott Wave Theory

Ethereum led the cryptocurrency market to enormous gains early in 2020 fresh on the heels of a booming DeFi industry, but concerns surrounding the coronavirus stopped the rally dead in its tracks.
Since then, Ethereum has been falling, looking to establish a bottom and from there, a recovery. But before it does so, Elliott Wave Theory points to the asset crashing to as low as $50 before a final low is set.
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