Crypto Contest July 15: Ethernity Chain

Ethernity Chain (Uniswap: ERNWETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, ERN began a red wave one advance on March 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 27 and the red wave two (blue sub-waves a-b-c) correction ended on May 23. If this wave count is correct, ERN should be heading next towards the March 27 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Ethernity Chain is a digital platform that produces licensed, authenticated NFTs. Randy Jarosz reviewed the project last month.

(Sources: https://ethernity.io/)

How Will Ethernity Chain Trade?

Ethernity Chain (Uniswap: ERNWETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))

Prizes

I will be giving upvotes to the correct answers with minimum reputation of 25.

Rules

This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices and comment below.

ERN will takeout the March 27 peak

ERN will drop below the March 8 low

ERN will stay in a trading range between the March 8 low and the March 27 peak until August 21