Ethereum Price Prediction: Is $3,000 Within Reach for ETH

By Coingabbar
5 months ago
ETH FLY CCY ETF ETF
  • Franklin Templeton's Ethereum ETF application offers ETH staking, boosting investor interest.

  • #Ethereum (ETH) surged 8%, nearing $2,700, suggesting potential for gains to $2,800 or $3,000.

  • ETH's weekly gains surpassed 18%, showcasing strong market performance.

  • Consolidation below $2,700 resistance hints at a possible breakout.

  • $ETH held above $2,500 support, forming a base and surpassing $2,650.

  • Breakthrough surpassed 0.382 Fibonacci retracement, indicating bullish momentum.

  • Breach above $2,700 signals potential climb to $2,850, with further momentum towards $3,000.

  • In case of trend reversal, $ETH may test $2,550 support, potentially dropping to $2,400 under continued bearish pressure.

  • Coingabbar analysis, #Ethereum price prediction 2030 would be approx near $10,000.

KEY LEVELS :

RESISTANCE LEVEL : $2,720-$2,800

SUPPORT LEVEL : $2,600-$2,540

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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