Ethereum Price Prediction: Institutions Keep Buying Billions Of ETH, Analysts Say ETH Tokens Are The Smart Play

Following the recent Ethereum price rise, the altcoin has experienced a two‑day breather, cooling off its momentum. However, market reports reveal deep-pocketed wallets accumulating certain ETH ecosystem cryptos.

Considering Aave’s V4 developments, and the thriving momentum the Remittix DeFi project enjoys with crypto staking deposits and acceptance, they, alongside ETH, have been the token to investors’ support. This article explains why market experts believe the uptrend with these three still has fuel in their tanks.

Ethereum Price Prediction as Golden‑Cross Remains Steady

The latest Ethereum price predictions confirm market sentiments based on the OG altcoin’s steady golden cross from the previous week. Market charts show that the 50‑day EMA currently sits almost $400 over the 200‑day, a sign of a lasting uptrend. RSI has waned from 80 to 74, lessening overbought pressure while maintaining bullish pressure in the “power zone.”

Since the start of the week, LookOnChain data has recorded nearly 82k ETH ($270 M) sent into self‑custody addresses. Analysts believe institutional investors are taking their chance on a bullish Ethereum price prediction with the next target anywhere between $3,500 and $3,750. The next support level is $3,000, with a steeper catch‑net set at $2,500, where prior low-gas-fee crypto rotations started.

Source: Tradingview

Is AAVE the DeFi Crypto Whales’ Desire?

With the recent ETH price cooling off, whales have chosen to move toward AAVE, accumulating 410k of the token in recent days. Relying on the Q3 V4 launch, which combines liquidity across 34 networks and reduces borrowing costs by 30%, AAVE is upgrading and attracting massive interest. Open interest has smashed the January record at $1.44 billion, and capital has turned positive at 0.02%.

Provided that bulls can regain $330, the calculated direction from the inverse head‑and‑shoulders pattern suggests $388, which is just the 38% Fib extension of the 2024 rise delivered. Market analysts agree that Aave’s developing GHO stable‑coin markets make it a project with tangible utility and delivering convincing long‑term crypto potential.

Source: Tradingview

Will Remittix Deliver the Next 100x Crypto Boom? 

As the market gears up for the next crypto boom, traders seeking the next 100x crypto are throwing support behind Remittix (RTX), a PayFi fast-riser making dependable FIAT out of blockchain assets. Analysts believe this growth is for the following reasons:

  • Allowing users to enjoy global access to crypto‑to‑FIAT conversion and payments across over 30 currencies with minimal transaction charges
  • This project prioritizes utility, and it plans to add a non‑custodial wallet this quarter. Now, users can convert ETH, BTC, SOL, and even AAVE into fiat in real time.
  • Security is another priority, as the project just received certification by CertiK after a full smart contract audit.

When you add its high-flying presale with over $16.5 million raised, the 50% token bonus, and ongoing $250k giveaway with its deflationary burns, you can see why Remittix is expected to be the next 100x crypto.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

$250K Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Source: https://www.cryptopolitan.com/institutions-keep-buying-billions-of-eth-analysts-say-eth-tokens-are-the-smart-play/