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The Ethereum price pumped 7% in the last 24 hours to trade at $3,351.93 as of 10:44 p.m. EST as investors buy into the crypto.
The ETH price has been in a positive sequence over the past week, with the latest gain pushing its 7-day performance to more than 20% in the green.
Ethereum Price Breaks Resistance And Eyes Another
Daily chart for WETH/USD (Source: GeckoTerminal)
The Ethereum price blasted past the resistance level at $3,170 in the last 24 hours, data from GeckoTerminal shows. Now, the altcoin leader is nearing the next major technical barrier at $3,513. Overcoming this resistance could clear a way for ETH to keep rising in the short term.
Conversely, a rejection from the $3,513 barrier within the next couple of days might prompt traders to realize their profits and sell ETH. If this happens, the Ethereum price could end up retesting the $3,170 mark, but as support this time.
In an extreme case, continued pressure from sellers might push the Ethereum price down to $2,870.30 or even $3,498 if bulls don’t step in.
Bulls Still In Control Of The Ethereum Price, But A Bearish Shift May Be Looming
From a technical point of view, indicators on the daily chart still lean bullish, but warn of a potential pull back in the short term. Traders will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI).
Over the past 48 hours, the MACD line has started to break away above the MACD Signal line. This usually suggests strengthening bullish momentum.
Meanwhile, the RSI has risen to above 80 in the last 24 hours. Although this signals buyer strength, it also warns that the Ethereum price is in overbought territory. Should traders react to the overextended conditions, they might decrease their exposure to ETH to reduce their downside risk.
Overall, bulls still seem to be in control of the Ethereum price, but buyers appear to be exiting the altcoin’s charts. This might lead to a bearish trend reversal in the short term and a potential retest of the aforementioned $3,170 mark.
While bulls try to push the Ethereum price higher, investors are also buying into a new meme coin called TOKEN6900 (T6900). According to popular YouTuber Jacob Crypto Bury, who has over 56.9K subscribers, T6900 could soar 10X after its launch.
A Meme Coin That Promises Nothing
Over recent weeks, a new class of meme coins offering some form of utility, whether it be AI. lower fees, higher staking rewards or even the ability to take part in a project’s governance, have launched. New SPX6900 rival, TOKEN6900, is looking to stay true to the meme coin space’s roots, and comes with no bold tech promises or additional benefits.
The team has made it very clear that TOKEN6900 does not do anything. It does not track GDP, oil reserves or corporate earnings. The project also does not claim to have a new innovative technology or the next AI breakthrough. Instead, the team is looking to ride what it calls “Vibe Liquidity,” and make TOKEN6900 a tradable ticker for the collective brain rot in the market.
$T6900 is my guy. my buddy. pic.twitter.com/KIpx101bwt
— Token6900 (@Token_6900) July 15, 2025
Unlike many of the meme coins that came before it, TOKEN6900 also has high levels of transparency. The team has allocated 80% of the token’s total supply to the public presale that is currently live. There have also been no behind the scenes VC deals and the team’s allocation, which has been locked up for 5 years, is tiny.
TOKEN6900 Presale Charges Towards $1 Million
The honesty regarding the project’s lack of utility and the high levels of transparency are drawing investors in. So far, more than $613K has been pumped into the project’s ongoing ICO, signaling strong demand at this early stage.
Interested investors can buy TOKEN6900 via the simple widget embedded on the project’s website. Selling for $0.0066, the meme coin can be bought with either crypto or bank card. Once purchased, the tokens can also be staked for a 96% APY.
To secure the best presale deal, investors will want to act before the next presale price increase in around 30 hours. The team has also set a hardcoded end price for the token’s ICO at $0.007125, which means time is running out for investors to get in early.
Visit the official TOKEN6900 website.
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