Ethereum (ETH) market top: are we close or still miles away and will this ETH-token rally?

In the recent past, Ethereum has exhibited positive movements in prices. ETH’s active wallet statistic has been manifested by a 9.6% increase from 306,211 to 336,366 within the last two days, thereby indicating growing demand for the network. All this demand is coming from buyers supporting the rise of 24% from local lows of $1,756 on April 22. Technical indicators like the golden cross and breaking upwards out of the Ichimoku cloud strongly favor upside price movement toward $2,000 and beyond in 2025. Ethereum Standing has helped Mutuum Finance (MUTM), a DeFi token based on the ETH network, to ride the presale frenzy in Phase 4, fast becoming the talk of the town concerning its impending position with an imminent rise for altcoins in the very near future. Ethereum’s (ETH) bullish surge Ethereum is buzzing on the network. What the wallets mainly indicate is user growth, as holders look for buying opportunities during times of dipping. Coincided with a 24% price surge, the accumulation ensured that what was being witnessed in the price was weakness rather than strength. Developers are frolicking ahead with code commits, truly giving Ethereum miles beyond its competitors in scaling and security. Technical indicators displaying the golden cross and Ichimoku breakout assert even more bullishness, ultimately aligning their sights on the major resistances of $2,000, $2,400, and $2,800. There are bullish anticipations from analysts that in 2025, Ethereum will touch the price level of $6,000 riding on this emerging bull flag on the monthly charts. Mutuum Finance’s Presale Frenzy Leveraging Ethereum’s strength, Mutuum Finance (MUTM) has entered its 4th presale phase out of 11. Phase 4 has 55% of the presale completed, having raised $7.4 million and sold 434 million tokens to 9,300 holders. Now priced at $0.025, the tokens will surge to $0.03 during phase 5, providing existing investors with an easy profit. The tokenomics assure investors 140% back at the listing price of $0.06, with optimistic predictions suggesting an $3 worth post-launch; this equals $11,900 of returns for the investors. The team is getting ready to finalize the Certik smart contract audit; the audit results will come out soon on social channels, increasing the trustworthiness of the project. A new dashboard will reward the top 50 holders with bonus tokens, growing the competitive spirit among the investors. Mutuum Finance’s DeFi edge Different from other cryptocurrencies, Mutuum Finance (MUTM) entered the cryptomarket with a bang, presenting a peered decentralized lending system with real utility as it earns passive income through overcollateralized loans. In addition, the buy-and-distribute system by which platform revenue buys back tokens then rewards stakers for continued demand is very efficient. The urgency the fast sell-out at phase 4 generates is that investors race to secure tokens before price jumps are affected. Unlike speculation assets, MUTM holders invest in the potential for long-term growth of Mutuum Finance (MUTM). Should we expect a rally or a retreat? The upward trend of Ethereum shows that there is still much room above $6,000 in 2025 to accommodate a higher peak market. Mutuum Finance (MUTM) adds more fuel to this increase for unlimited profits, based on the architecture provided by Ethereum. Innovative sales and design award it the honor of outstanding investment. Such an investment opportunity is hard to miss for the 2025 bull run gains. Join in quickly to be among the 9,300 holders who will help shape the future of decentralized finance. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance The post Ethereum (ETH) market top: are we close or still miles away and will this ETH-token rally? appeared first on Invezz

Source: Invezz