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Ethereum (ETH) is currently hovering around the $2,480 mark, and the Rainbow Chart projects the price might drop to a triple-digit or rise to a five-digit range by the end of the month. The chart tracks Ethereum’s historical price performance using a logarithmic regression curve and projects future prices with a color-coded scale divided into nine zones. Each zone represents a different level of market sentiment, from significant undervaluation to intense overvaluation. For June 30, Rainbow Chart projects a price range from $862 to $20,117. Ethereum Rainbow Chart. Source: BlockhainCenter The lowest color band, labeled “Fire Sale,” predicts a price between $862.75 and $1,169. This range signals deep undervaluation and rare buying opportunities. Above it lies the “BUY!” band, which ranges from $1,169.49 to $1,617.27, which is likewise seen as an attractive entry point.  Next up, the “Accumulate” level stretches from $1,617 to $2,274, suggesting a moderately b...

The second largest cryptocurrency, Ethereum (ETH), was seen making headlines. Sadly, the reason behind this wasn’t very good. Prominent cryptocurrency exchange Bybit was hit with a massive theft of $1.5 billion in Ethereum. Amidst this hack, the price of the altcoin was seen plummeting. February has been a challenging month for the asset as it dipped below $3,000. The community is hoping that ETH could witness a change in trend and move beyond $3,000 in March 2025. Also Read: Dolce & Gabbana’s $1 Million Digital Suit Now Fractionalized—Own a Slice of High Fashion How Far Is Ethereum From The $3,000 Level? Source; Watcher Guru Ethereum recorded a massive dip of 17.77% throughout the month of February. The asset went from trading at a high of $3,437.57 down to a low of $2,159.28. At the time of writing, ETH was priced at $2,700.54, following a nearly 4% drop in its price over the past 24 hours. Source: CoinMarketCap Also Read: AI Predicts Ripple (XRP) Price For March 1st 2025 In ord...

Avalanche (AVAX) experienced a healthy rally last weekend. The asset is up 1.8% in the daily charts, 5.8% in the 14-day charts, 3.6% over the previous month, and 203.4% since October 2023. Despite the gains, the asset is down 2.6% in the weekly charts. Also Read: US Stocks: GoDaddy Emerges A New Breakout Share: Should You Buy GDDY? Source: CoinGecko Why Is The Cryptocurrency Rallying? The recent rally could be due to Bitcoin (BTC) briefly surpassing the $69,000 mark, which was also the result of BlackRock’s $1.17 billion purchase. Another reason that may have pushed AVAX’s price is the upcoming US Presidential elections. Market analysts anticipate a market-wide rally if Donald Trump takes charge of the Oval Office. Also Read: Bitcoin: BlackRock Buys $1.17 Billion Worth BTC, Price Jumps 7% October has historically been a bullish month for the cryptocurrency market. 2024 seems to follow the same trend, with the market witnessing a healthy rebound after the dip earlier this mon...

In a recent turn of events, Pepe Coin (PEPE) has surged to a new all -time high, marking a significant moment in the ongoing meme coin mania that’s back to shake the crypto world. The price of PEPE now sits at $0.00001031, showing a dramatic 91% increase over the last month and an astonishing 466% rise over the past year. PEPE’s price ascended to $0.00001128, according to the latest data from CoinMarketCap , amid a broader meme trading frenzy paralleled by a surge in stocks like GameStop (NYSE: GME), which almost doubled in price recently.  Picks for you How much is a kilo of silver worth? 2 hours ago Gold or Silver? We asked ChatGPT which asset is a better buy for summer 2024 2 hours ago Stacks Foundation joins Uphold to drive Bitcoin adoption 4 hours ago Bitcoin Rune etchings plummet by 99%; What's behind the dramatic fall? 4 hours ago This rally appears closely tied to the activity of legendary meme-stock trader Roaring Kitt...

Bitbot (BITBOT) is accelerating its presale as attention shifts to its non-custodial Telegram app. Elsewhere, Ethereum layer-2 protocol Mantle (MNT) price could eye $1 after hitting new all-time high. Mantle price is surging amid new focus on layer-2 projects. Meanwhile, BITBOT, the native token of new Telegram trading bot Bitbot, could be the next 100x token as the world’s first non-custodial Telegram app edges towards launch. Bitbot: Top non-custodial trading app Telegram trading bots have seen their total market cap rise to $851 million and 24-hour trading volume hit $48 million. DeskCheck, PaLM AI and Banana Gun are some of the top performing Telegram trading apps in the past 24 hours. Elsewhere, Bitbot (BITBOT), Telegram’s first non-custodial trading bot, has surged into stage 4 of its presale. The project has raised more than $715k and could accelerate in coming weeks as the market enters the next phase of the bull cycle. As Crypto trader...