Ethereum Price Prediction:Bulls Set Stage for a Market Rally

02-02-2024 By: Lokesh Gupta
Ethereum Price Prediction:Bulls Set Stage for a Market Rally

Ethereum price prediction for 2025 will be roughly $5,000

  • Ethereum’s upcoming upgrade, "Dencan," scheduled for February 7th, is fueling anticipation and positively impacting ETH price.

  • Support for #Ethereum is observed within the Ascending Broadening Wedge pattern.

  • $ETH finds support around $2200, aiming to surpass key levels at $2250 and $2300.

  • Bullish momentum for ETH is anticipated with a decisive move above $2,350.

  • Persistent consolidation beneath the 23.60% Fibonacci level suggests the potential for a breakout.

  • A successful upside breakout could propel ETH towards the $2600 mark.

  • Coingabbar analysis anticipates Ethereum price prediction 2030 reaching approximately $10,000.

KEY LEVELS :

RESISTANCE LEVEL : $2,350-$2,400

SUPPORT LEVEL : $2,260-$2,200

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

WHAT'S YOUR OPINION?
Related News
Related Blogs