Lokesh Gupta
02-02-2024
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.
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.
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.
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