Ethereum Price Prediction: ETH Bulls Set to Soar Past $4,000

05-03-2024 By: Lokesh Gupta
Ethereum Price Prediction: ETH Bulls Set to Soar Past $4,000

Ethereum price prediction 2030 will be close to $10,000

  • #Ethereum price has surged above the $3,500 mark, following #Bitcoin's upward trajectory which saw it spiking beyond $68,000.

  • $ETH exhibits notable strength, breaching the $3,700 level, with recent gains amounting to a remarkable 54% over the past four weeks, resulting in bullish candles dominating the weekly chart.

  • Breakout above $3,500 neckline signals a bullish reversal from rounding bottom pattern, suggesting further upside potential.

  • On the daily chart, #Ethereum showcases a robust uptrend characterized by a rising trend line, alongside consistently forming higher highs and higher lows.

  • Anticipation looms over the upcoming Dencun upgrade, scheduled for March 13, which is expected to significantly impact Ethereum's market dynamics.

  • Ethereum faces a significant resistance around $3,850. Breaking this level could indicate a bullish trend with potential for reaching $4,000.

  • According to Coingabbar Prediction, Ethereum price prediction 2030 is around $10,000.

KEY LEVELS :

RESISTANCE LEVEL : $3,760-$3,850

SUPPORT LEVEL : $3,600-$3,520

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.

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