Ethereum is still acting coyly regarding the lower blue zone between $1456 and 1013. So far, the cryptocurrency has only dipped into it shallowly and drawn back, as if its surface was too cold to the touch. We expect Ethereum to overcome its reluctance, though, and to dive into the lower blue zone properly to finish wave (ii) in blue. Afterwards, it should move upwards, crossing the resistance at $2029 and heading for the upper blue zone between $2982 and $3420. However, there is a 42% chance that Ethereum could rush through the lower blue zone and drop below the support at $883, thus triggering further descent.
