Ethereum Price Prediction: Will Bulls Push ETH to New Highs

07-02-2024 By: Lokesh Gupta
Ethereum Price Prediction: Will Bulls Push ETH to New Highs

Ethereum price prediction 2025 will be approx $5,000

  • Ethereum’s price formed a base above the $2,220 level and initiated a notable increase.

  • Finding support within the Ascending Broadening Wedge pattern, Ethereum continues its upward trajectory.

  • Bullish momentum strengthens as Ethereum surpasses the $2,350 zone.

  • Positive signs emerge as ETH eyes further gains toward the $2,500 level.

  • Approval of the Bitcoin Spot ETF propelled ETH price up by over 16.5% within two days, though it faced resistance at $2,692.

  • Failure to breach the $2,400 hurdle may trigger a corrective move lower.

  • If bullish momentum persists within the channel, Ethereum could target levels around $2,400 and potentially $2,620 in the near term.

  • Coingabbar analysis, Ethereum price prediction 2030 is roughly $10,000.

KEY LEVELS :

RESISTANCE LEVEL : $2,410-$2,460

SUPPORT LEVEL : $2,330-$2,280

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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