Ethereum Price Up 1% As This Wallet ICO Heads For $15M

Ethereum Price Prediction: ETH Rises 1% As Community Celebrates 10th Birthday, While This Best Wallet Presale Races Towards $15 Million

BySteven Walgenbach

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Updated: 31 July 2025

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The Ethereum price rose 1% in the last 24 hours to trade at $3,860.28 as of 11:31 p.m. EST as investors buy the altcoin.

The slight increase in the ETH price comes as Ethereum celebrates its 10th birthday.

Celebrating 10 years of Ethereum! Since its genesis block in 2015, Ethereum has demonstrated non-stop uptime, proving itself as the definition of antifragile. It has continually evolved to serve as a reliable trust layer for our fast-growing digital world.

— Joseph Lubin (@ethereumJoseph) July 30, 2025

Ethereum Price Challenging Resistance, Can It Break Through?

Daily chart for WETH/USD (Source: GeckoTerminal)

The Ethereum price is trying to overcome a resistance level at $3,854.84, data from GeckoTerminal shows. Should the altcoin leader clear this technical barrier within the next 24-48 hours, it could have the foundation needed to continue rising in the short term. Traders might subsequently push ETH up to $4,281.06.

Conversely, a rejection from the $3,854.84 mark could invalidate the bullish thesis. In this alternative scenario, the Ethereum price might test the nearest support level at $3,504.72. Continued pressure from sellers could then lead to a drop to as low as $3,154.60.

Technicals Suggest The Ethereum Price Might Pull Back Soon

Looking at technical indicators on the daily chart, some bearish warning signs are starting to show. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn sellers might take control of the Ethereum price soon.

Recently, the MACD line crossed below the MACD Signal line, triggering a major bearish technical flag. Traders usually see this type of cross as an indication that a crypto has entered a negative trend.

If the MACD starts to break away below the MACD Signal line, traders may need to brace for a potential price drop, because that will indicate that bearish momentum is picking up steam.

Meanwhile, the RSI has leveled off in the mid 70s. While the current reading suggests bulls are firmly in control, it also warns that ETH is in overbought territory. Should momentum begin to sway in favor of bears, a rejection from the $3,854.84 resistance level is likely.

Traders will want to watch that cross between the MACD and MACD Signal lines to gauge what the Ethereum price will do next. Any drop in the RSI could also be a bearish confirmation.

As the Ethereum price tries to overcome a resistance amid overextended conditions, investors are also buying into the presale for Best Wallet (BEST). Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, says it is one of the best cryptos to buy.

A Wallet That Caters To The Needs Of Both Crypto Beginners And Experts

Best Wallet is a new crypto wallet project that entered the market late last year and is already taking the crypto space by storm. It’s easy to see why.

The wallet comes with a range of handy features, including a native decentralized exchange (DEX), in-app staking and so much more. Not only are all of these features accessible through a user-friendly interface, Best Wallet also comes with support for over 60 blockchains and the thousands of cryptos that run on them.

One of the standout features is the app’s “Upcoming Tokens” section, which flags early-stage projects with high growth potential. So far, this feature has already flagged Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that went on to print massive gains for investors.

BEST token holders also unlock additional perks, such as lower transaction fees, higher staking rewards, early access to new projects, as well as the ability to participate in the project’s governance.

Users are also able to import their wallets from across the Web3 ecosystem into the app, making portfolio management that much easier. Although this consolidation of wallets might present security risks, users can rest assured that they are protected.

In addition to being non-custodial, meaning private keys are not stored on a centralized server somewhere, the Best Wallet app also comes with biometric scanning for access control and 2-factor authentication.

Best Wallet Presale Races Towards $15 Million

With all of its features, it’s no surprise that investors are betting big on Best Wallet’s future. So far, more than $14.3 million in early-stage funding has been pumped into BEST’s ongoing ICO.

Interested investors can purchase BEST tokens via the simple widget embedded on the project’s website. Selling for $0.025415 apiece, tokens can be bought with either crypto or bank card. Alternatively, investors can also acquire BEST directly through the Best Wallet app.

In order to secure the best presale deal, investors will want to hurry. BEST’s price will increase as its ICO progresses. The next presale price hike will happen in less than 41 hours.

Visit the official Best Wallet website to learn more.