With the ETH ETF outflowing nearly $460 million in the last 2 days, the current Ethereum price prediction seems challenging, with experts claiming a rebound following the FED rate cut. However, an emerging PassiveFi platform is stealing the spotlight with its powerful presale debut, hinting at a potential upside that could double up its weekly gains.
Ethereum Price Prediction for August: Uptrend Might Resume
The recent Ethereum price prediction indicated a fresh increase from the $3,540 support zone. While the ETH ETF is regaining traction, the ETH price has recovered above the $3,550 and $3,580 resistance levels. The bulls even pushed the price above the $3,700 resistance zone. However, the bears remained active near the $3,750 zone.
The price tested the 50% Fib retracement level of the upward move from the $3,350 swing low to the $3,733 high. This formation instills hope for ETH ETF holders and investors closely monitoring the Ethereum price prediction. Meanwhile, there was a break above a bearish trend line with resistance at $3,625 on the hourly chart.
Ethereum Price Prediction & Future Outlook
The latest Ethereum price prediction shows that it’s now trading above the $3,800 mark and the 100-hourly Simple Moving Average. On the upside, the price could face backing from the recovering ETH ETF as buyers rejoin with renewed confidence. The next key resistance for Ethereum is near the $3,720 level. The first major resistance is near the $3,750 level.
An upside break above the $3,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,120 in the near term. For traders observing the Ethereum price prediction, if ETH fails to clear the $3,720 resistance, it could start a fresh decline. Initial support on the downside is near the $3,620 level.
Unilabs Finance Presale Breakout: 10x Surge In Coming Weeks?
As the ETH ETF faces a massive outflow in the last 2 days, Unilabs Finance (UNIL) soars ahead with another million added to its ongoing presale frenzy. As the world’s first AI-backed DeFi asset manager, Unilabs Finance holds over $30 million in AUM. The platform utilizes advanced AI to track thousands of emerging projects to determine early investments.
Unilabs Finance uses its proprietary Launchpad, real-time market data, and machine learning to highlight projects with promising fundamentals before they skyrocket in popularity. The platform tracks thousands of emerging projects, helping users invest early and confidently. It combines deep financial analysis with advanced machine learning to diversify portfolios.
ETH ETF Outflow Alarms Investors: Unilabs Finance Tops Charts
As Ethereum took a hit after a significant ETH ETF outflow recently, most ETH holders showed concern over the network activity through their sluggish buying and trading behavior. Meanwhile, the emerging AI asset manager Unilabs Finance (UNIL) witnessed a huge inflow in its presale following this activity, signalling a shift in the investor community.
Some analysts say the recent ETH ETF downturn could show a potential comeback in the near term, while some claim it to drive Ethereum’s native token towards a bearish zone. However, Unilabs Finance is carving its own path by offering premium access and benefits to UNIL holders, including enhanced yield rates, reduced fees, and access to institutional-grade tools.
Conclusion
Unilabs Finance is rushing towards completion as institutional investors shift high-volume capital into its ongoing presale. So far, the presale has raised over $11.9 million in stage 6 at $0.009 per token, with only 50% UNIL tokens left before it advances to the next round.
Discover More About Unilabs Finance:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
Disclaimer
The information provided in this article is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. Cryptocurrencies and blockchain investments are highly volatile and involve significant risk, including the potential loss of capital. Always conduct your own research (DYOR) and consult with a qualified financial advisor before making any investment decisions.
