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The Ethereum price dropped 6% in the last 24 hours to trade at $2,462 as of 4:15 a.m. EST on trading volume that surged 59% to $28.39 billion.
Ethereum Price Prediction
Prior to the ETH price drop, Ethereum had a fairly productive week, rising from $2.5k to $2.6k on June 2. For the next three days, the coin was attempting to breach this level, with its price briefly climbing above it on more than one occasion.
However, ETH started dropping to $2.4k before it recovered to $2,462, where it sits at the time of writing. Its price drop caused its Bollinger Bands to widen, as the price kept pushing the lower band further down. The bands then narrowed for a brief moment when the price was stable, but as ETH started to recover, the bands started to widen again, sending out bullish signals.
ETH/USDT chart analysis (Source: TradingView)
The coin’s Relative Strength Index (RSI) is also giving away bullish signs, as it climbed from the value of 12, deep in the oversold zone, to the neutral zone, and beyond. At the time of writing, the coin’s RSI seems to be fluctuating between 50 and 60, and could possibly head further up as more traders join in buying the dip.
In other words, Ethereum could see a recovery in the hours to come, which could potentially continue over the weekend.
Promising Alternative To Ethereum
While ETH might see further growth, investors are turning to SUBBD Token (SUBBD) in expectation of a major price surge once the token goes live.
Right now, SUBBD is still in presale, and has raised over $615k so far, but investors are highly optimistic about its future. This is a token designed to be the native cryptocurrency of the SUBBD platform — a decentralized, AI-powered new website for content creators that emerged as the newest rival to OnlyFans.
As such, it stands to disrupt an $85+ billion industry, which is why it started attracting attention from people in and out of the crypto industry. Its use of AI is its main selling point, as it intends to use it to free up time for content creators by having AI take over some of the more mundane tasks that are typically time-consuming and tend to rob the fans of their favorite creators’ attention.
Build your dream girl from the ground up. 🛠️
Visualize it. Create it. Monetize it.
Your custom creator is waiting, and she’s ready to go viral.
♥️ Powered by $SUBBD pic.twitter.com/0XEacqumB5
— SUBBD (@SUBBDofficial) June 5, 2025
With these tasks now handled by AI, creators and fans can build stronger connections, and that alone encouraged over 2,000 top-earning creators to join the platform. Their combined following exceeds 250 million users, and the users themselves could strongly benefit from buying and holding the SUBBD token, as it would grant them early access to the platform, various discounts on the platform’s services, access to exclusive content, VIP staking rewards, and more.
Crypto experts like ClayBro, a YouTuber with over 136k subscribers, believe that SUBBD is likely to blow up and attract a massive number of users, which could cause it to surge 20x after launch.
If you wish to join others who bought the token already, get it during the ICO, while its price is only $0.0556. Buy before a price hike in less than 2 days.
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