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Ethereum Breaks $2,550: Analysts Eye $10K as Technicals and Fundamentals Align

  • 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.

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