Ethereum Price Prediction: As Top Analyst Sees Up to $10 Billion In ETH ETF Inflows, Traders Rush To Buy This ICO With Only 2 Days Left

The
Ethereum
price
dropped
2%
in
the
last
24
hours


to
trade
at
$3,067

as
of
04:07
a.m.
EST
on
trading
volume
that
rose
8%
to
$15
billion.

This
comes
as
Tom
Dunleavy,
Managing
Partner
at
MC
Global,
believes
that
Ethereum
ETF
(exchange-traded
fund)
inflows
could
reach
$10
billion
after
they
are
launched
as
early
as
this
month.

According
to
Dunleavy,
this
surge
could
send
the
ETH
price
to
a
new
all-time
high,
possibly
in
the
fourth
quarter
of
the
year. 

Analyst:
Up
to
$10B
inflow
expected
after
launch
of
ETH
ETFs

Tom
Dunleavy,
a
macro
analyst
at
cryptocurrency
investment
company
MV
Global,
predicted
in
an
interview
with
Cointelegraph
that
the
price
of
Ethereum
(ETH)
will
hit
a
new
high
at
the
end
of
the
year.
Dunleavy
claims…

—
CoinNess
Global
(@CoinnessGL)

July
11,
2024

Earlier
this
year,
BTC
ETFs
saw
an
inflow
of
$15
billion. Eight
Ether
ETFs
are
awaiting
final
approval,
with
Bloomberg
Intelligence
predicting
that
it
may
happen
by
July
18.

Ethereum
Price
Set
For
A
Rebound
Over
The
Falling
Wedge

The
Ethereum
price
in
the
last
day
soared
from
$3,068
support
to
as
high
as
$3,200
yesterday,
according
to
data
from


GeckoTerminal.
However,
the
bears
have
since
taken
control,
driving
the
token
down
within
a
falling
wedge
pattern.

ETH
price
has
crossed
below
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
which
coincides
with
the
current
downtrend.
Moreover,
the
selling
pressure
has
driven
the
Relative
Strength
Index
(RSI)
down
towards
the
30-oversold
level,
currently
at
31.

If
the
selling
pressure
continues,
the
price
of
Ethereum
may
retrace
further
to
the
next
strong
support
around
$$3,000
in
the
short
term.

However,
rising
interest
from
investors
in
anticipation
of
Ether
ETF
approvals
could
lead
to
a
bullish
reversal.
The
golden
cross
around
$3,120
may
also
encourage
the
bulls
to
add
more
buying
positions,
potentially
pushing
ETH
to
its
target
of
$3,200.

Meanwhile,
as
the
Ethereum
price
continues
to
struggle
to
regain
momentum,
some
investors
are
turning
to
projects
like


eTukTuk
(TUK),
which
has
raised
more
than
$3.5
million
and
now
has
only
2
days
left
in
its
presale. 

Crypto
analysts
Crypto
Boy
says
TUK
has
the
potential
to
soar
100x
after
its
launch.

Hottest
Buy
–
eTukTuk
Raises
Over
$3.5
Million
As
Presale
End
Nears

Currently
in
the
final
days
of
its
successful
presale,
eTukTuk
has
raised
over
$3.5
million,
with
only
2
days
remaining
until
the
ICO
ends.

eTukTuk
is
an
exhilarating
play-to-earn
game
in
which
players
drive
the
flagship
eTukTuk
vehicle
through
the
bustling
streets
of
Sri
Lanka.
It’s
inspired
by
the
Crazy
Taxi
game,
with
players
picking
up
and
dropping
off
passengers
to
earn
rewards,
upgrading
their
vehicles,
and
unlocking
new
cities
for
endless
adventures.

TukTribe,
are
you
ready
to
customize,
race,
and
earn
with
your
virtual
eTuktuks
in
the
most
eco-friendly
and
exhilarating
game
ever?
????????

Every
race
you
win
helps
us
drive
sustainability,
innovation,
and
carry
us
through
the
end
of
the
presale
and

$TUK
listing
on
a
major…

pic.twitter.com/kM1OVfp75i

—
eTukTuk
(@eTukTukio)

June
4,
2024

It
blends
the
thrill
of
high-speed
racing
with
the
opportunity
to
earn
real
rewards,
enhancing
the
overall
gaming
experience.

So
far,
it
boasts
over
3,000
downloads
on
the
App
Store
and
Google
Play
Store
even
before
the
official
launch
of
the
token.
By

purchasing
TUK
tokens
in
the
presale,
players
gain
early
access
to
exclusive
in-game
rewards
and
special
upgrades. 

Happy
weekend,
TukTribe!
????

We’re
thrilled
to
announce
that
we’ve
had
over
3000
new
app
downloads
this
week
alone!
????

We’re
loving
the
excitement
and
support.
Our
team’s
almost
done
prepping
for
the
DEX
&
CEX
launch.
Ready
to
moon,

$TUK
holders?
????#Sustainability
????♻️

pic.twitter.com/8nOe5lhED4

—
eTukTuk
(@eTukTukio)

June
22,
2024

Additionally,
you
can
earn
a
passive
income
of
80%
annually
by
staking
your
TUK
tokens.

You
can
join
in
the
action
by
buying
TUK
tokens
for
$0.0345
each
using
ETH,
USDT,
BNB,
or
a
credit/debit
card.
But
hurry
as
this
is
the
last
chance
to
buy
before
the
presale
closes
in
less
than
3
days.

Visit
the
official
eTukTuk
website
to
make
your
purchase.

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