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ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead


by Parth Dubey
for Coinspeaker
ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead
ETH $2 459 24h volatility: 0.2% Market cap: $296.96 B Vol. 24h: $14.82 B is trading near $2,450, with traders watching whether it can hold above the crucial $2,400 level, a point that may determine the next major price move in the coming weeks.

Notably, the second-largest cryptocurrency has repeatedly tested the resistance zone between $2,720 and $2,860 since May. Crypto analyst Michael van de Poppe noted these retests have been building “stamina” for a potential breakout.

He added that investors may see liquidity taken below $2,233 before an upward rally, hinting at a possible short-term pullback.

If Ethereum manages to clear its major resistance zone, it could target a rally toward the $4,000 level last seen in December.

Popular analyst Degen Hardy noted that he will continue to hold his long position as long as Ethereum remains above the $2,400 mark. He explained that a breakdown from this level could indicate that bulls are struggling to reclaim untapped weekly highs.

Smart Money Pours Into ETH

Meanwhile, on-chain data shows that large buyers continue to accumulate Ether. Glassnode shows that whales purchased 1 million ETH on June 16, marking the largest single-day buy since 2018.

Retail interest is also gaining momentum, with spot Ether ETFs recording over $200 million in inflows this week. However, on June 26, they recorded a net outflow of $26.46 million, according to data from SoSoValue.

At the time of writing, Ethereum is trading near $2,450, down approximately 2% in the past day. ETH shorts remain at elevated levels, leading to speculation about a potential short squeeze if sellers are forced to exit rapidly.

ETH Price Outlook, $4,000 Next?

On the daily ETH price chart, Ethereum is consolidating close to the Bollinger Bands’ midline (20-day SMA). This indicates a potential for expansion, opening pathways to $3,200 and $4,000.

ETH price chart with RSI and Bollinger Bands | Source: Trading View

The RSI is around the neutral zone and a rise above 50 could signal bullish strength. However, if ETH loses $2,400 support, a retest of lower zones could increase the risk of a sharper correction.

Meanwhile, the MACD remains negative, but the narrowing gap between the MACD line and the signal line hints at a potential bullish crossover if momentum improves. Traders should watch for key support levels at $2,400 and $2,233.

ETH price chart with RSI and Bollinger Bands | Source: Trading View

Subbd Presale Continues to Attract Investors

While Ethereum continues to hold above crucial price levels, another emerging project, Subbd, is steadily capturing interest in the digital content subscription sector. Positioned to transform the $85 billion content industry, Subbd leverages AI and tokenization to build a platform that enables creators to connect seamlessly with their audiences.

Through Web3 integration, Subbd equips creators with automated tools that simplify content sharing, while providing fans with access to exclusive, interactive experiences unavailable on traditional platforms.

$SUBBD Token Utility and Presale Status

Subbd operates using its Ethereum-based native token, SUBBD, which powers premium experiences, staking incentives, and AI-driven utilities on the platform. Token holders gain the ability to stake SUBBD to access perks, including behind-the-scenes content, private livestreams, and early premium drops curated by creators.

The project has successfully raised $699k so far, with only two days remaining before the next scheduled price adjustment for its token.

Presale Snapshot:

  • Current Price: $0.055775
  • Total Raised: $699K
  • Ticker: SUBBD
  • Network: Ethereum

As the presale nears its next price increase, Subbd stands out as a project to watch for those interested in the intersection of AI innovation and the future of digital subscriptions within the Web3 landscape.

The post ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead appeared first on Coinspeaker.

Read the article at Coinspeaker

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ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead


by Parth Dubey
for Coinspeaker
ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead
ETH $2 459 24h volatility: 0.2% Market cap: $296.96 B Vol. 24h: $14.82 B is trading near $2,450, with traders watching whether it can hold above the crucial $2,400 level, a point that may determine the next major price move in the coming weeks.

Notably, the second-largest cryptocurrency has repeatedly tested the resistance zone between $2,720 and $2,860 since May. Crypto analyst Michael van de Poppe noted these retests have been building “stamina” for a potential breakout.

He added that investors may see liquidity taken below $2,233 before an upward rally, hinting at a possible short-term pullback.

If Ethereum manages to clear its major resistance zone, it could target a rally toward the $4,000 level last seen in December.

Popular analyst Degen Hardy noted that he will continue to hold his long position as long as Ethereum remains above the $2,400 mark. He explained that a breakdown from this level could indicate that bulls are struggling to reclaim untapped weekly highs.

Smart Money Pours Into ETH

Meanwhile, on-chain data shows that large buyers continue to accumulate Ether. Glassnode shows that whales purchased 1 million ETH on June 16, marking the largest single-day buy since 2018.

Retail interest is also gaining momentum, with spot Ether ETFs recording over $200 million in inflows this week. However, on June 26, they recorded a net outflow of $26.46 million, according to data from SoSoValue.

At the time of writing, Ethereum is trading near $2,450, down approximately 2% in the past day. ETH shorts remain at elevated levels, leading to speculation about a potential short squeeze if sellers are forced to exit rapidly.

ETH Price Outlook, $4,000 Next?

On the daily ETH price chart, Ethereum is consolidating close to the Bollinger Bands’ midline (20-day SMA). This indicates a potential for expansion, opening pathways to $3,200 and $4,000.

ETH price chart with RSI and Bollinger Bands | Source: Trading View

The RSI is around the neutral zone and a rise above 50 could signal bullish strength. However, if ETH loses $2,400 support, a retest of lower zones could increase the risk of a sharper correction.

Meanwhile, the MACD remains negative, but the narrowing gap between the MACD line and the signal line hints at a potential bullish crossover if momentum improves. Traders should watch for key support levels at $2,400 and $2,233.

ETH price chart with RSI and Bollinger Bands | Source: Trading View

Subbd Presale Continues to Attract Investors

While Ethereum continues to hold above crucial price levels, another emerging project, Subbd, is steadily capturing interest in the digital content subscription sector. Positioned to transform the $85 billion content industry, Subbd leverages AI and tokenization to build a platform that enables creators to connect seamlessly with their audiences.

Through Web3 integration, Subbd equips creators with automated tools that simplify content sharing, while providing fans with access to exclusive, interactive experiences unavailable on traditional platforms.

$SUBBD Token Utility and Presale Status

Subbd operates using its Ethereum-based native token, SUBBD, which powers premium experiences, staking incentives, and AI-driven utilities on the platform. Token holders gain the ability to stake SUBBD to access perks, including behind-the-scenes content, private livestreams, and early premium drops curated by creators.

The project has successfully raised $699k so far, with only two days remaining before the next scheduled price adjustment for its token.

Presale Snapshot:

  • Current Price: $0.055775
  • Total Raised: $699K
  • Ticker: SUBBD
  • Network: Ethereum

As the presale nears its next price increase, Subbd stands out as a project to watch for those interested in the intersection of AI innovation and the future of digital subscriptions within the Web3 landscape.

The post ETH Price Gearing Up? Analysts Hint at Massive Surge Ahead appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

Altcoins see a bullish shift, but why Ethereum, Dogecoin got left behind

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Altcoins are flipping the script as capital moves to faster, utility-driven chains.
Bitcoin Miner Bit Digital Raises $150 Million to Pivot to Ethereum Staking, Shares Fall 15%

Bitcoin Miner Bit Digital Raises $150 Million to Pivot to Ethereum Staking, Shares Fall 15%

Bitcoin miner Bit Digital announced a strategic shift to Ethereum staking, accumulati...