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The Ethereum price recorded a minor uptick in the last 24 hours to trade at $2,594 as of 3:43 a.m. EST on a 28% surge in its daily trading volume to $16.1 billion.
This slight increase in the ETH price is part of Ethereum’s latest rally that’s put it at the top of CoinMarketCap’s list of trending cryptocurrencies.
Ethereum Price Hits A Snag, Forms A Bullish Pennant
The daily ETH/USD chart shows Ethereum has been on a wild ride since February, peaking at a high of $3,742 before dipping hard to a low of $1,335 around early April. That’s a gnarly drop, but the bulls stepped in, and now ETH is climbing back up.
The ETH price broke through a key resistance zone between $1,967 and $2,131 on May 8. This zone, shaded in blue, had been a tough nut to crack, and the price had been trending below it for two months.
ETHUSD Analysis Source: Tradingview
Now, the Ethereum price is testing the waters around $2,734, with the next big resistance sitting at $2,850. This resistance has also allowed price action to form a bull pennant, which is a classic uptrend continuation pattern. If ETH can surge past that, the altcoin kind might rise toward $3,337 or even the $4,000 mark.
Ethereum Price Ready For $4,200?
The 50-day Simple Moving Average (SMA) at $2,032 is sloping upward, and the price is now above it, which is a bullish sign. The Relative Strength Index (RSI) is at 67.13, just shy of overbought territory (70), so there’s still room to run before things get too heated.
The Moving Average Convergence Divergence (MACD) shows some contraction, almost trending in a straight line. This can signal a period of accumulation right before a breakout. Plus, the histogram shows green bars, which confirms underlying bullish momentum despite the contracting MACD and Signal lines.
If ETH breaks above $2,699 and holds, it could rise to $3,500 or even $4,200 by mid-June. That’s a 59% move from here. But if the bears step in and it dips below the triangle of the bull pennant, the next support is at $12,361 at the 0.382 Fib level or lower around $2,131 (0.618 Fib level).
SUBBD Token Presale Heads For $1M – The Best Crypto To Buy Now?
As Ethereum accelerates for a bullish breakout, investors continue to pile into SUBBD Token (SUBBD), a new AI-driven platform that’s turning heads in the $85 billion creator economy. Its native cryptocurrency has already raised over $528k in its ongoing presale.
SUBBD is like a breath of fresh air for creators and fans alike. It uses artificial intelligence to handle time-sucking chores, like scheduling posts, editing videos, or even creating AI-generated influencer personas.
This means creators, including over 2,000 top influencers with a combined 250 million followers that have signed up on SUBBD, can spend more time connecting with their audience.
Fans, on the other hand, get closer access to their favorite creators through exclusive content, livestreams, and custom requests, all powered by SUBBD tokens.
📬 You’re invited to the inner circle. 💋
Holding $SUBBD unlocks Community Governance!
That means you get to call some of the shots:
🗳️ Which features drop next
🔥 Which creators steal the spotlight
🎨 What themes take over the feed
💋 Who joins the Honeys nextPower’s never… pic.twitter.com/twPiqCO9SK
— SUBBD (@SUBBDofficial) April 28, 2025
SUBBD stands out in that it’s built on Ethereum’s secure blockchain, ensuring fast, low-fee payments without middlemen gobbling up creators’ earnings.
Traditional platforms like Patreon or OnlyFans can take 15-20% of a creator’s income, but SUBBD’s decentralized setup keeps more money in creators’ pockets. SUBBD token holders also get perks like discounted subscriptions, early access to new features, and even voting rights to shape the platform’s future.
An analyst on the YouTube channel 99Bitcoins, with over 723k subscribers, says SUBBD has the potential to surge 100x once it launches.
The presale, live now at $0.0555 per token, offers a chance to get in early before the price climbs in less than 3 hours.
Investors can buy with crypto like ETH or USDT, or even a bank card, and stake their tokens for a hefty 20% annual yield.
Visit the SUBBD Token website to learn more.
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