Ethereum Price Prediction:Bulls Pushing for $4,000 Milestone

08-03-2024 By: Lokesh Gupta
Ethereum Price Prediction:Bulls Pushing for $4,000 Milestone

Ethereum Price Prediction 2025 will be around $10,000

  • #Ethereum price surged above $3,700, tracking Bitcoin's trajectory, although $BTC fell short of surpassing $69,250.

  • The price of Ethereum extended its increase towards $3,900 and is now consolidating gains, potentially aiming for a move above the $4,000 resistance level.

  • A bullish flag pattern with resistance at $3,830 was broken on the hourly chart of $ETH/USD.

  • The upcoming Dencun upgrade scheduled for March 13 is anticipated to significantly impact Ethereum's market dynamics.

  • Investors are closely monitoring the 78.6% Fibonacci retracement level around $3,872, with a potential breach possibly leading #Ethereum to challenge its all-time high of $4,878.

  • Further bullish momentum could propel #Ethereum towards the $6,860 mark, according to the 1.618 Fibonacci extension level.

  • According to Coingabbar Prediction, Ethereum price prediction 2030 is close to $20,000.

KEY LEVELS :

RESISTANCE LEVEL : $3,940-$4,060

SUPPORT LEVEL : $3,820-$3,740

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