Ethereum

Cryptocurrency

<ul>
 <li>#<a href="https://www.coingabbar.com/en/price-prediction" title="Ethereum price" class="f-link" rel="noopener noreferrer nofollow">Ethereum price</a> has surged above the $3,500 mark, following #Bitcoin's upward trajectory which saw it spiking beyond $68,000.</li>
 <li>$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.</li>
 <li>Breakout above $3,500 neckline signals a bullish reversal from rounding bottom pattern, suggesting further upside potential.</li>
 <li>On the daily chart, #Ethereum showcases a robust uptrend characterized by a rising trend line, alongside consistently forming higher highs and higher lows.</li>
 <li>Anticipation looms over the upcoming Dencun upgrade, scheduled for March 13, which is expected to significantly impact Ethereum's market dynamics.</li>
 <li>Ethereum faces a significant resistance around $3,850. Breaking this level could indicate a bullish trend with potential for reaching $4,000.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar Prediction" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Prediction</a>, Ethereum price prediction 2030 is around $10,000.</li>
</ul>
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.

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

Coingabbar

Other articles published on Mar 5, 2024

Terraform Labs Rebukes SEC Strategy to ‘Distract and Disadvantage’

Crypto Market Buzz: Polygon (MATIC) Price Surges Despite Challenges

SEC Leverages Coinbase Insider Case to Strengthen Binance Lawsuit

SmarDex (SDEX) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

Meet The 24-Year-Old Who Became A Millionaire With Cardano (ADA) And Solana (SOL) In 2021 Bull Ru...

Filecoin Price Exceeds $10, Will FIL Reach $20 This Month?

Join our free newsletter for daily crypto updates!