Ethereum Price Prediction: Bull Run Shows No Signs of fading

10-02-2024 By: Lokesh Gupta
Ethereum Price Prediction: Bull Run Shows No Signs of fading

Ethereum price prediction 2025 will be in range of $5,000

  • #Ethereum’s has exhibited a bullish trend since the beginning of the year, characterized by ascending highs and lows.

  • Establishing a support base above $2,200, Ethereum initiated a significant upward movement.

  • Recent price action saw #Ethereum rebounding from the lower channel boundary, aligning with the 50-day moving average, and surmounting the $2,400 resistance mark.

  • Yesterday marked a breakthrough as $ETH breached both the upper channel boundary and the $2,500 level.

  • A decisive close above $2,500 could signal further upward momentum, potentially targeting $2,600 and $2,700 levels.

  • According to Coingabbar analysis, Ethereum price prediction 2030 would be approx $10,000.

KEY LEVELS :

RESISTANCE LEVEL : $2,550-$2,620

SUPPORT LEVEL : $2,450-$2,400

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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