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I believe Ethereum is significantly undervalued at its current price. I have set a price target of $7000 for Ethereum. Currently, the price is forming an ascending triangle, and there is a bullish divergence on the weekly chart. This bullish signal is noteworthy and shouldn't be overlooked. With this in mind, there is a strong possibility that Ethereum's price could at least double from its current level in the coming year.

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Chart PatternscobravanguardelliotwaveanalysisEthereum (Cryptocurrency)ETHUSDETHUSDTTechnical IndicatorstradingviewTrend Analysis

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