Are you a market participant looking to invest in Ethereum? Is Ethereum a good investment at the moment? Last week, Ethereum’s price movement experienced an upward trajectory. However, at the start of this week on Monday, Ethereum’s price declined and is currently trading at $2701. What will be its next move? Could it trigger a bearish momentum? Let’s briefly analyze the price movement of Ethereum on the daily chart for better understanding.
Ethereum Price Analysis – 24 Hours Outlook
As illustrated in Chart 1, on the trading day of February 23, Ethereum’s price movement exhibited a notable price action. In the early trading session, ETH began with a sharp price decline. At 04:25 UTC, a Golden Cross on MACD signaled a possible uptrend. As expected, at 04:35 UTC, ETH found support at $2748, began to move on the upside, breached a breakout at 05:00 UTC, and reached $2831.17. Conversely, ETH encountered an RSI overbought situation, indicating a possible trend reversal. Likely, at 07:55 UTC, ETH price began to experience a downtrend and dropped to $2773.45. A Death Cross on MACD at 08:10 UTC reaffirmed this downtime.
At 15:50, ETH found support at $2773.45, experienced an uptrend, and reached the day’s top price of $2857.73. A Golden Cross on MACD at 16:10 UTC asserted this uptrend. At 23:20, ETH encountered a short-term downfall and closed at $2830. In the early trading session on February 24, the ETH price began with a short rise in price. But at 00:10 UTC, a Death Cross on MACD signaled a price decline. As expected, at 00:20 UTC, ETH began to fall, broke the support at $2773.43, breached a breakout, and experienced a sharp fall. At 03:55, ETH broke another support at $2723 and breached a breakout, signaling a further price decline.
Ethereum’s Downtime & Best Crypto Coin to Invest in 2025
Based on the Ethereum price analysis, the ETH price movement is projecting a sharp price decline. Hence, investors are looking for high potential crypto projects that have long-term utility, substantial growth potential, and exclusive rewards. Crypto presales are a good start when seeking such prospects. Countless crypto presale projects are being encountered in the crypto world. Among them, DexBoss, Aureal One, The Last Dwarfs, and Qubetics are the top performers in the market. What makes them stand out projects? Let’s dive in to explore them in depth.
DexBoss (DEBO)
Looking for the best crypto coin to invest in today to yield remarkable gains in the future? Don’t miss DexBoss. DexBoss is one of the decentralized finance platforms built to rule the DeFi world. This new crypto presale provides a distinct platform that links traditional finance with Decentralized finance. From novice to professional traders, every user can experience intuitive trading with diverse trading strategies.
Click here to know more about DexBoss
DEBO’s Economic Expansion
- Current Presale Price: $0.011
- Expected Listing Price: $0.0505
- Total Fund Raised: $591,602.7 / $750,000 (79% of its target)
Aureal One (DLUME)
Aureal One is one of the high potential crypto presale projects that every investor should add to their crypto portfolio. This emerging crypto platform focused on incorporating gaming and metaverse in its blockchain. Its Zero-Knowledge Rollups technology offers seamless thousands of transactions per second instantly with near-zero gas fees. This future-proof network aims to build two key projects, Darklume (own, build, and trade digital assets) and Clash of Tiles (conquer, deploy, or stock cryptocurrencies on the virtual tiles to earn DLUME).
DLUME’s Economic Expansion
- Current Presale Price: $0.0013
- Expected Listing Price: $0.005 (323.08% rise from current price)
- Total Fund Raised: $3,259,900.8 / $4,500,000
The Last Dwarfs (TLD)
The Last Dwarfs is a blockchain-based gaming ecosystem designed to shape the future of the gaming world. This new emerging platform offers a Play-to-Invest model that turns the gameplay into an investment hub. Through its gamified launchpad, users can acquire TLD tokens, stake them, and earn huge rewards.
TLD’s Economic Expansion
- Current Presale Price: $0.0085
- Total Fund Raised: $94,548.55
Qubetics (TICS)
Qubetics is the first layer 1 web3 aggregated ecosystem that connects the leading blockchains, including Ethereum, Bitcoin, and more. This redefining platform aims to build a highly efficient, self-sustaining ecosystem to manage a large number of transactions effortlessly.
TIC’s Economic Expansion
- Current Presale Price: $0.088803
- Total Fund Raised: $14,079,477.51
Final Thoughts
Today’s Ethereum price analysis shows that the ETH price movement is experiencing a deep fall. Hence, investors are hesitant to invest in ETH. Therefore, they are looking for the best crypto coin to invest in to earn high rewards in the future. Are you one of those investors? Then, DexBoss should be your perfect match. DexBoss is one of the best crypto presale projects that offers early access to its expensive blockchain at a low entry price. As crypto investment involves risks, we encourage readers to research and make informed decisions on this golden opportunity before the presale ends.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
