Ethereum price demonstrated stability and gradually rose above the $2,800 pivot level.
Reclaiming the $2,900 level marks a significant milestone for ETH, not seen since May 2022.
ETH outperformed Bitcoin, reaching a new weekly high above the $2,900 mark.
Ethereum has successfully breached the 50% Fibonacci levels.
Ethereum is poised for further gains and could potentially surge towards the $3,000 resistance area.
According to Fibonacci levels, the next target for ETH could be between $3,300 and $4,000 if it maintains levels above $2,850.
According to Coingabbar analysis, Ethereum price prediction 2030 is in the range of$10,000.
KEY LEVELS :
RESISTANCE LEVEL : $2,970-$3,050
SUPPORT LEVEL : $2,850-$2,780
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.