Ethereum Price Prediction: ETH Up 3% After 21Shares Seeks To Add Staking To Its ETH ETF, While This New Meme Coin ICO Blasts Past $1.1 Million

The Ethereum price went up 3% in the last 24 hours to trade at $2.682 as of 2.30 a.m. EST on trading volume that surged 36% to $26.79 billion.

The ETH price surged yesterday as CBOE BZX Exchange filed on behalf of asset manager 21Shares, seeking a regulatory permission to introduce staking to its spot ETH ETF (exchange-traded fund). In response, ETH went from $2,572 to $2,776 before being rejected by a resistance at $2,750 and dropping to its current price.

The coin’s price would have very likely gone significantly higher, but the crypto industry is currently facing a strong bearish wave which even pushed Bitcoin down to $96.1k.

Ethereum Price Prediction

Despite seeing a strong surge yesterday, Ethereum’s price has since started to decline, and even now, its price has still not fully stabilized. Its Bollinger Bands have gone through several instances of sharp narrowing, followed by even sharper widening.

In the last 24 hours, the bands were mostly pushed by the growing price, which sent the upper band further up. Now, however, with the correction taking place, the price is pushing the lower band further down. However, that could change in the hours to come, and ETH could soon start making another recovery.

The reason for this is the project’s Relative Strength Index (RSI), as the metric just reached the oversold zone. Over the past few days, the RSI has mostly remained within the boundaries of the neutral zone, reaching the borders of overbought and oversold zones, but not venturing too deeply into them except on a few brief occasions.

This suggests that traders likely use it as a main metric to decide when to make their move. This is important because the RSI just reached the value of 30, the start of the oversold zone, after dipping for the past 8 hours.

If the traders react in accordance with the RSI performance, then they will likely move in to buy the dip now, meaning that the ETH price could soon start recovering and going back up, possibly retesting the resistance at $2,750.

Promising Alternative To Ethereum

While Ethereum could see new growth soon, investors are looking for projects with much greater growth potential — cryptos that could really blow up, such as the new Bitcoin meme coin, BTC Bull (BTCBULL).

This is an official Bitcoin meme coin and it was created with the goal of pumping Bitcoin’s price toward next major milestones. To do this, the project intends to organize BTC airdrops to its token holders when Bitcoin’s price hits certain milestones. Some of the closest milestones to look forward to right now include $150k per coin, $200k, and $250k, but the project is fully prepared to keep pushing BTC all the way up to $1 million per coin and beyond.

In other words, you have a unique opportunity to buy BTCBULL token at a low price, wait for BTC to hit major milestones, and then get BTC airdropped to you for free.

$1M raised in 2 days. 💥

The charge is real. The revolution is here. pic.twitter.com/FfA5nIJc0G

— BTCBULL_TOKEN (@BTCBULL_TOKEN) February 13, 2025

The project’s ICO launched only three days ago, on Feb. 10, and it already exceeded its first million raised. In fact, as of the time of writing, it has raised more than $1.1 million. Meanwhile, its presale is still in its first stage, offering BTCBULL tokens for only $0.00236 apiece. That means that you can still buy them at their lowest price, which will remain at this level for three more days.

After that, its presale will go to the next stage and the token will see a scheduled price increase. Crypto YouTuber ClayBro, who has over 136k subscribers speculated in a recent video that this project easily has 20x potential.

Buy BTCBULL before the next presale price hike in less than 3 days.

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