Price Prediction
Ethereum Price Predicted to Reach $2,810
Ethereum's price has been under pressure, declining to $2,408.61 on October 8. However, selling pressure eased, allowing the price to recover to $2,488 on Friday. The article suggests that the $2,810 target is unconfirmed, with a modest positive delta indicating that aggressive buying remains limited. The $2,410 Point of Control (POC) has been reclaimed, and sustained higher lows, expanding positive delta, and stronger buying above resistance would support a bullish continuation towards the $2,810 target. A breakdown below $2,440 would weaken the recovery and expose the $2,410 POC and the $2,408.61 support level.