Ethereum Price Prediction: ETH Soars 35% In A Week Amid Huge Fidelity And Abraxas Capital Buys, While This OnlyFans Rival Nears $400K In ICO

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Ethereum Price
Ethereum Price

Join Our Telegram channel to stay up to date on breaking news coverage

The Ethereum price soared 35% in the last week despite dropping 2% in the previous 24 hours to trade at $2,549 as of 4:45 a.m. EST on trading volume that plunged 35% to $24.5 billion.

That comes as Abraxas Capital became one the largest whales in the Ethereum (ETH) market after purchasing $477.6 million worth of ETH in the last 6 days. 

In another huge purchase, Fidelity has acquired ETH worth $5.9 million, which signals increased institutional interest and the accumulation of ETH by major market players.

Also seen as a boost, publicly traded BTCS has announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase ETH as it expands its blockchain infrastructure strategy.

BTCS CEO Charles Allen said the move follows Strategy’s (formerly MicroStrategy’s) high-profile Bitcoin accumulation blueprint and will leverage Ethereum for long-term growth. 

Ethereum Price Could Still Soar – Targets A 52% Surge

The ETH price chart recently completed a significant reversal after a prolonged decline within a falling channel.

That bearish structure was eventually broken to the upside, leading into the formation of a rounded bottom pattern. This classic bullish reversal pattern was confirmed with a strong breakout rally that pushed the Ethereum price above both its 50-day and 200-day Simple Moving Averages (SMAs), indicating a shift in trend, as GeckoTerminal data shows. 

Meanwhile, the Relative Strength Index (RSI) currently reads 72.14, signaling overbought conditions, which could lead to short-term consolidation or a minor pullback.

Moreover, the Moving Average Convergence Divergence (MACD) shows bullish momentum, with the MACD line well above the signal line and expanding histogram bars. The price of Ethereum also reclaimed the 200-day SMA at $2,702.23, a critical technical milestone, which now acts as resistance-turned-support.

With a confirmed breakout from a rounded bottom and strong momentum, the Ethereum price appears primed for further upside. A potential price target of around $4,000, a 52% move from the breakout level, is possible.

Ethereum Price Chart Analysis Source: GeckoTerminal
ETH/USD Chart Analysis Source: GeckoTerminal

However, given the overbought RSI, a short-term cooldown may precede the continuation of the rally. In this scenario, $1,853 (50-day SMA level) acts as a probable and a strong support.

Meanwhile, investors are piling into a new AI project called SUBBD Token (SUBBD). According to influential YouTuber ClayBro, with over 136K subscribers, SUBBD has the potential to be the next 100X crypto.

SUBBD Presale Racing Toward The $400K Mark – Best Crypto To Buy?

For the creator economy to evolve, it needs better tools, smarter monetization models, and AI-powered systems built to serve creators, not exploit them. SUBBD is leading that future, offering a clean, powerful alternative where creators don’t need to chase spectacle to succeed.

With AI-driven subscription tools, direct-to-fan monetization, and crypto-native ownership, SUBBD is setting a new standard for what the next generation of creator platforms should be.

A little more than a month ago, SUBBD launched its ICO and has already raised over $399k, and this is just the beginning. The SUBBD token powers a growing creator economy built around a 250 million combined following network backed by over 2,000 top-tier influencers.

SUBBD offers creators intuitive, organized structures and advanced technology that help them efficiently manage content and subscriber requests, reduce workload, and increase productivity.

Now, with the integration of a decentralized digital asset, creators can also unlock new income streams and greater earning potential without middlemen taking a cut.

Buy And Stake SUBBD For 20% Annual Rewards

SUBBD token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 20% annual percentage yield (APY).

Investors interested in participating in the presale can visit the official SUBBD website to buy SUBBD tokens for $0.0554 each using crypto or a bank card.

Buy before a price hike in about 2 hours to lock in the best presale deal.

Visit the SUBBD Token website.

Related News:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • 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
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next