Market Cap: $3.6374T 1.07%
Volume(24h): $110.3202B -54.65%
  • Market Cap: $3.6374T 1.07%
  • Volume(24h): $110.3202B -54.65%
  • Fear & Greed Index:
  • Market Cap: $3.6374T 1.07%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$106975.071866 USD

-0.29%

ethereum
ethereum

$3871.670850 USD

-0.07%

tether
tether

$1.000261 USD

-0.01%

bnb
bnb

$1084.417621 USD

-0.50%

xrp
xrp

$2.348167 USD

0.82%

solana
solana

$185.621736 USD

0.45%

usd-coin
usd-coin

$0.999833 USD

-0.04%

tron
tron

$0.313423 USD

0.81%

dogecoin
dogecoin

$0.188856 USD

0.54%

cardano
cardano

$0.630416 USD

-0.49%

hyperliquid
hyperliquid

$36.506353 USD

2.24%

ethena-usde
ethena-usde

$0.999584 USD

-0.01%

chainlink
chainlink

$16.750026 USD

-0.77%

stellar
stellar

$0.313373 USD

0.37%

bitcoin-cash
bitcoin-cash

$465.978560 USD

-1.57%

Cryptocurrency News Articles

Ethereum (ETH) Price Prediction: ETH/USD Bulls Aim to Reclaim $4000 as DeFi Performance Returns to the Upside

Jan 30, 2025 at 06:39 pm

Ethereum price stayed up on Thursday, gaining 2.5% to trade at $3,204 at the time of writing. Despite its resurgence, Ethereum has struggled in the ETF

Ethereum (ETH) Price Prediction: ETH/USD Bulls Aim to Reclaim $4000 as DeFi Performance Returns to the Upside

Ethereum (CRYPTO: ETH) price rose on Thursday by 2.5%, trading at $3,204 at press time. But despite the gains, the coin has seen net outflows from spot ETFs for two sessions now.

According to data from Coinglass, over the last two sessions, Ethereum spot ETFs have recorded outflows to the tune of $141 million. This signals a weak underlying momentum.

Moreover, key moving average levels continue to reject Ethereum price from making further gains. On the daily chart, the coin trades below its 20 and 50 Simple Moving Average (SMA) levels. Additionally, it is also trading below its Volume Weighted Moving Average (VWMA), which stood at $3,257 at press time.

DeFi Performance Aids in the Case for ETH Price Upside

Interestingly, the Ethereum chain has seen its DeFi performance return to the upside over the last 24 hours. Data from DeFiLlama showed that its Total Value Locked grew by 1.87% to stand at $64.43 billion. Elsewhere, open interest also bumped up over the last day, with perpetual rising by 3.15% to hit $14.9 billion. This signals a rising demand for ETH coins.

In other news, a falling wedge pattern has recently formed on the daily chart for Ethereum price. A bullish pattern that forms during a downtrend, the falling wedge typically signals the weakening of the downtrend. In ETHUSD’s confirmation breakout above $3,270 will signal a likely continuation of the upward trajectory. Extrapolating the wedge’s height from that level suggests that ETH price could rise to $4,028 in the coming days.

An area of key growth for Ethereum price is institutional affinity. An investment firm that is backed by US President Donald Trump, World Liberty Financial (NYSE:WLF) has been acquiring large troves of the coin, and currently has $195 worth of ETH in its portfolio. Notably, that constitutes about 50% of its total crypto holdings.

In addition to being backed by Trump, WLF also has a significant number of influential investors, including Tron Founder, Justin Sun, who has invested $75 million in the company. The DeFi-focused investment vehicle is drawing comparisons to MicroStrategy in some ways.

Original source:investingcube

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Oct 20, 2025