Ethereum's price has surged past $2,550 with potential for further gains indicated by technical indicators and strong on-chain fundamentals.
Analysts predict a possible rise to $10,000 based on bullish fractal patterns and upcoming upgrades like Pectra aiming to improve scalability and efficiency.
Technical analysis shows Ethereum's price action reflecting bullish trends with RSI indicating overbought conditions and MACD signaling uptrend continuation.
Key resistance levels for Ethereum are at $2,850, $2,980, and $3,000, with strong support at $2,450. Improved on-chain metrics and network upgrades suggest bullish momentum in the near future.