Ethereum’s price has remained stagnant below the critical $2,350 resistance threshold.
Currently, Ethereum is consolidating its position above the $2,250 mark.
Despite efforts, Ethereum struggles to muster momentum to breach the $2,350 barrier.
A potential upward movement may ensue if Ethereum surpasses the $2,380 resistance zone.
Analyzing the 4-hour chart reveals a steady progression marked by sustained higher highs and higher lows, mitigating hourly volatility and noise.
Over the past five days, Ethereum has maintained a tight trading range.
Ethereum's price finds support within the confines of the Ascending Broadening Wedge pattern.
If bullish momentum persists within the channel, Ethereum's price could ascend to levels around $2,400 and potentially even $2,620 in the near term.
Coingabbar analysis, Ethereum price prediction 2030 is roughly $10,000.
KEY LEVELS :
RESISTANCE LEVEL : $2,360-$2,400
SUPPORT LEVEL : $2,290-$2,230
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.
