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The Ethereum price surged 7% in the past 24 hours to trade at $2,769 as of 12:22 a.m. EST, with trading volume surging 80% to $27.9 billion.
This rise in the ETH price comes as Emirates, a prominent international airline, signed a memorandum of understanding (MoU) with Crypto.com to integrate Crypto.com Pay into the airline’s payment infrastructure. The implementation is expected to be done next year.
Beyond payment integration, the two companies will collaborate on a promotional campaign aimed at raising awareness and user adoption once the service begins.
Could such mainstream integrations by global brands help propel crypto prices higher, including Ethereum’s?
Ethereum Price Eyes Breakout As Technicals Align For A Bullish Surge
The ETH price pair has recently shifted its momentum, flashing signs of a potential breakout.
After a prolonged downtrend, the Ethereum price has formed a classic rounded bottom pattern, suggesting a reversal in sentiment.
The breakout above the neckline near $2,700 marks a key technical development, reinforced by the formation of higher lows and an ascending trendline.
After the breakout, the Ethereum price then went through a consolidation phase. ETH price action is currently testing the $2,770 area, pushing above the 50-day Simple Moving Average (SMA) and the 200-day SMA, as GeckoTerminal data shows. This region often acts as a magnet for the price in such setups.
The Relative Strength Index (RSI) is at 65.05, approaching overbought territory but still with room for upside before extreme conditions are reached.
Meanwhile, the Moving Average Convergence Divergence (MACD) has just crossed into positive territory, with the MACD line moving above the signal line, which typically signals growing bullish momentum.
ETH Hints At A 30% Surge
Positive technical indicators suggest that the price of Ethereum is nearing a breakout above the consolidation phase.
The 50-day SMA has finally crossed above the 200-day SMA, forming a golden cross at $2,542. This further cements the bullish outlook.
If the ETH price can hold above the $2,770 breakout zone, Fibonacci projections point to a potential upside target near $3,588, representing a 30% move from current levels.
However, if the bears take control of the price, ETH could drop below the $2,447 support zone, and the 0.618 Fib level could act as the next support at $2,178.
As the ETH price battles for a breakout, investors are flocking to the presale of Best Wallet (BEST), a rising star in the cryptocurrency wallet space.
Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, says BEST is one of the cryptos to buy now.
Best Wallet Token Presale Races Towards The $14 Million Mark – Best Crypto To Buy Now?
Best Wallet is a self-custody wallet app. It enables users to store, send, and receive crypto assets without needing to trust centralized platforms (such as exchanges).
Best Wallet Token simultaneously provides value to both token holders and the Best Wallet ecosystem.
The app offers a comprehensive collection of crypto portfolio management and Web3 services that now has over 500,000 users and counting.
Still in its early stages of presale, the project has already raised over $13.78 million and is quickly hurtling towards $14 million.
🔥 Over $13M Raised and Counting! 🔥
Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:
✅ Buy new tokens early, directly in-app
✅ Buy and bridge across chains in one place
✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v
— Best Wallet (@BestWalletHQ) June 4, 2025
One of the most appealing advantages of holding Best Wallet’s token is the exclusive access to curated crypto presales.
These are usually available through Best Wallet’s “Upcoming Tokens” tab, but BEST holders will be able to start investing before other users.
That launchpad has already helped Best Wallet users invest in successful projects like Pepe Unchained (PEPU), Catslap (SLAP), MIND of Pepe (MIND), and Solaxy (SOLX), which have all printed impressive gains.
Additionally, investors can stake BEST tokens for a generous 99% annual return. Currently, you can buy BEST tokens for $0.025305.
If you’re interested, you can purchase the Best token now and join other early investors. But buy fast, as a price increase is coming in less tha 12 hours.
Check out BEST on its official website.
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Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
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