Ethereum News Today: Ethereum Gains 26.08% in 30 Days Amid Sustained Uptrend

Ethereum (ETH) continues to show resilience and strong long-term growth, even as the weekly performance sees a slight cooldown. Over the past six months, the coin has risen by 88.36%, with a 26.08% gain in the last 30 days and a 4.94% rise in the last week. The 10-day average stands at $4740.59, just above the 100-day average of $4593.48, indicating a sustained uptrend. However, technical indicators like RSI at 40.22 and MACD at −14.27 suggest short-term oversold conditions and a potential pause before the next leg of the move [1]. If ETH breaks through $5136, it could test $5492 and eventually $6383. A failure to hold above $4245, however, could see a pullback to $3710 or even $2819 [1].

Another standout in the altcoin space is XYZVerse ($XYZ), a newly emerging meme coin that combines the excitement of sports with the innovation of Web3. Unlike traditional meme coins, $XYZ offers real utility and a defined roadmap, including partnerships with bookmaker.XYZ, a decentralized on-chain sportsbook and casino. Token holders receive exclusive benefits, such as airdropped tokens and perks on their first bet [1]. During its presale phase, $XYZ has surged from $0.0001 to $0.005, with plans to reach $0.02 before listing on major exchanges. If the project secures the required market cap, the listing price of $0.10 could offer early investors a potential 1,000x return [1]. To date, $15 million has been raised, with the presale approaching the next $20 million milestone [1].

Hyperliquid (HYPE) has also demonstrated impressive performance, despite a 1% drop this week. The coin has gained 3% in the past month and 126% over the last six months. Currently trading between $41.97 and $48.51, HYPE remains above its 100-day average of $43.48 and near its 10-day average of $46.07. Technical indicators show a neutral-to-positive outlook, with RSI near 52 and MACD in green territory [1]. A close above $50.99 could push the price toward $57.53, representing an 8% to 22% upside. However, a breakdown below $37.91 or $31.37 would see a retracement of 15% to 30% of recent gains [1].

Sui (SUI) faces a similar situation, with a 4.57% drop in the past week and 8.99% in the last month, but a 21.71% gain over the last six months. The 10-day and 100-day averages sit at $3.66 and $3.61, respectively, suggesting the coin is consolidating near its base lines. RSI at 40 and stochastic at 12.48 indicate oversold conditions, but the MACD at -0.0139 shows only mild downward pressure [1]. A rebound could see SUI test $4.15 and potentially $4.70. A breakdown below $3.38, however, could see the coin fall to $3.07 or even $2.53 [1].

As the cryptocurrency market advances toward a $5 trillion valuation, ETH, HYPE, and SUI remain strong performers, but XYZVerse has captured significant attention due to its unique value proposition and ambitious growth targets. The project aims to deliver 20,000% returns through a combination of strategic partnerships, token burns, and a growing community of engaged participants [1].

Source: [1] Top 3 Altcoins Thriving During $5 Trillion Market Advance – Investment Firm Selections (https://coinmarketcap.com/community/articles/68ad8ef992491e16ebd478dc/)