AAVE price has held steady above the 50-day moving average as its role in decentralized finance grew, whales accumulated, and exchange reserves plunged.

AAVE price steady as whales buy, exchange supply plunges

Changpeng Zhao is skeptical of the new offer promising a UAE Golden Visa to 
TON stakers.

‘Is this real?’ CZ questions TON’s UAE Golden Visa as gov’t sources stay silent

The crypto market has remained in a consolidation phase, with Bitcoin 
remaining slightly below its all-time high.

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Ethereum&#8217;s price action is gearing up for a surge of epic proportions, 
according to crypto technical analyst MasterAnanda on the TradingView 
platform. Ethereum has spent a majority of the past two months consolidating 
above the $2,425 support zone, in what might be an accumulation phase before a 
major breakout. Nonetheless, MasterAnanda&#8217;s analysis suggests that Ethereum is 
on the verge of entering its strongest bullish wave in years, with a breakout 
target that starts at $5,791. Related Reading: The Silent Bitcoin 
Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out 
To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH 
wedge pattern with consistently rising lows from June 2022 to April 2025. On 
the other hand, price highs have been relatively flat, specifically around the 
March and December 2024 peaks. Ethereum’s behavior since April has been marked 
by low volatility and sideways movement, which often precedes large market 
moves. The most interesting move was when its price dropped to as low as 
$1,470 on April 9 before quickly rebounding and establishing a rounded bottom 
formation. Nonetheless, the analyst noted that Ethereum is due a major, major 
bullish wave. The question is not whether it will happen, but when it will. 
Now that the current consolidation is sitting right above trendline support, 
MasterAnanda argues that this formation will soon give way to a powerful 
bullish wave. The target is a minimum of $5,791, which is based on the 1.618 
Fibonacci extension. Interestingly, the analyst noted that it is possible for 
the Ethereum price to reach $8,500 or higher in the longer term if it breaks 
above the resistance trendline, which is currently at $4,000. This prediction 
is backed by improving fundamentals and current on-chain data showing 
accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It&#8217;s 
Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related 
analysis on the social platform X that&#8217;s based on a Wyckoff accumulation 
pattern playing out on ETH’s weekly chart. Pillows called the selloff to the 
$1,470 low in April as the “Spring” phase of Wyckoff accumulation, followed by 
a successful “Test” of a September 2024 support around $2,145, and the gradual 
move back to resistance now. According to his projection, Ethereum’s breakout 
will unfold in stages. The first stage is a push to $3,000, then a correction, 
followed by a rise to $4,000 in Q3. Only after these steps will the parabolic 
leg truly begin. The parabolic leg, in this case, should take Ethereum above 
$5,700, if the price action plays out as predicted. Related Reading: XRP’s 
Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ His 
analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. 
Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent 
all-time high, Ethereum may be on the verge of its own spotlight moment in 
this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at 
$2,516. Featured image from Unsplash, chart from TradingView

Ethereum Ready For Explosive Breakout: $5,791 The Minimum Target–Analyst

The price of Pepe Coin remains in a bear market after crashing by double 
digits from its highest level in May. Pepe (PEPE), the second-largest Ethereum 
(ETH) meme coin, has dropped to $0.000010 — down 40% from its highest point…

Pepe Coin plunged 40%, but the frog coin may leap higher than ever

Rails, Yupp, Beam, Frachtis, Interface Labs, Gradient Network, Story, 
Blueprint Finance and Units Network headline the latest VC Roundup.