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The Ethereum price has surged 4% in the last 24 hours to trade at $2,616 as of 3:30 a.m. EST on a 49% surge in daily trading volume to $19 billion.
The jump in the ETH price is part of Ethereum’s latest rally, which made it the top trending crypto on CoinMarketCap’s list.
Ethereum Price Bulls Eye Breakout From Ascending Triangle
The 1-day chart for ETHUSD shows Ethereum has been on a wild ride since March. After a dip to $1,754 in May, ETH found its groove and started climbing, topping out at $2,854 around mid-May.
For the past couple of weeks, the price has been respecting a solid ascending triangle pattern, with higher lows forming. This pattern is a classic win for bulls as the price is coiling up, and a breakout above the $2,854 resistance could send the ETH price to the moon, targeting $3,343 (the 0.618 Fib extension level). That’s a potential 28.54% pump from here.
The Relative Strength Index (RSI) is sitting at 60.74, which is giving “not overbought, but definitely strong” energy. The RSI is consolidating around this level as well, which indicates bulls may have finally found support and might push the price up from here.
ETHUSD Analysis Source: Tradingview
RSI Holds Strong, But MACD Flashes Caution
There is still some room to run before ETH hits overbought territory (typically above 70), so the bulls might keep applying pressure to the altcoin’s price.
The Moving Average Convergence Divergence (MACD), on the other hand, is showing bearish signals, with the MACD line (blue) trending below the signal line (orange).
ETH is currently on its way to test the $2,736—$2,854 resistance zone, which aligns with the upper trendline of the ascending triangle. If it fails to break this, there might be a pullback to the $2,600 rising support.
A break below the rising support would be a major loss for Ethereum investors, potentially dragging ETH back to $2,361 at the 0.386 Fib level, or even $2,129 (0.618 Fib). Bears could try to cut this rally short if momentum fades, so investors should be keen on risk management.
If ETH smashes through $2,854 and holds, it could rise to $3,343 soon, maybe even $3,800 by the end of June.
Earn Free Bitcoin With BTC Bull Token – Presale Ends In 27 Days
As the Ethereum price recoils for a 28% breakout, investors are shifting their focus to a new project called BTC Bull Token (BTCBULL).
This Bitcoin-themed meme coin is offering real BTC rewards and big growth potential. With over $6.7 million raised in its presale, BTCBULL is becoming one of the hottest crypto picks for 2025.
BTC Bull Token lets holders benefit from Bitcoin’s rise. When Bitcoin reaches $150,000, holders get free BTC via airdrops. More airdrops come in every $50,000 jump after that, up to $1 million.
In addition, a massive 10% of the 21 billion token supply will get airdropped when Bitcoin reaches $250,000. That’s a potential windfall for early investors.
Last chance to buy BTCBULL before launch! 🐂🧨
The countdown ends on June 30th. ⌛
Here’s what’s coming:
🔥 BTCBULL token burns
🪂 BTC airdrops at price milestones
🎁 BTCBULL airdrop when Bitcoin hits $250KJoin the herd: https://t.co/FQZXEzFwWu pic.twitter.com/aeUmLJcSOC
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025
But there’s more to it than just free Bitcoin. BTCBULL has a deflationary twist: token burns. Starting when Bitcoin hits $125,000, and every $50,000 rise thereafter, a chunk of tokens gets torched, shrinking the supply and potentially boosting value.
Add in a staking option with a 61% annual percentage yield (APY), and you’ve got a project that’s more than just a meme. It’s a strategy for stacking sats (Satoshis) without breaking the bank.
Popular crypto YouTube channel 99Bitcoins, with more than 723k subscribers, says BTCBULL could surge 10X after it launches.
Right now, BTCBULL tokens are priced at just $0.002545 apiece, but the presale ends on June 30, about 27 days from now.
Interested investors can buy in with ETH, USDT, or a bank card via a simple buy widget embedded on the project’s website.
Don’t wait for the listing. The best entry price for BTCBULL is right now, during presale, before the market catches up.
Check out the BTC Bull Token website.
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