We can highlight the formation of a global ascending triangle, which will take Ethereum to a trillion-dollar capitalization. But if we consider a more conservative option (marked in white), then the potential target = $7,000, which in turn is possible and quite achievable. Also, if you draw a global ascending channel on several reference points, you will see that the potential target is much higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.