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Ethereum price has rebounded above $1,800 on Wednesday, April 30, as fresh crypto adoption headlines from Trump Media fuel market-wide interest.
Ethereum bulls hold $1,800 support amid market rotation
Ethereum (ETH) is showing signs increased investor interest on Wednesday, as it floats near $1,803, up 0.4% in the last 24 hours. The mild uptick, comes after dipping to a weekly low of $1,784 on Tuesday.
According to Coingecko data, the second-largest cryptocurrency by market cap rose to a new monthly timeframe peak of $1,837.
Ethereum price action, April 30 | Coingecko
Zooming out, Ethereum’s seven-day price action reflects a 2.1% gain. ETH Market cap currently sits near $217 billion, holding Ethereum’s position as the second-largest crypto asset.
Meanwhile, trading volume has declined modestly but remains consistent with previous consolidation phases, suggesting a patient accumulation by market participants rather than outright sell-offs.
The ETH/BTC pair is also steady at 0.01905 BTC, up 0.4% over the last 24 hours. This stability relative to Bitcoin shows ETH is holding its own in the broader rotation out of BTC towards altcoins.
Trump Media token launch revives sentiment as ETH tests support range
A shareholder letter from Trump Media & Technology Group (TMTG) this week introduced plans for a new utility token and native Truth wallet, sparking speculative interest in political and media-linked blockchain assets. The news has had a subtle spillover effect on Ethereum, which often benefits from increased media attention around crypto infrastructure.
The token from TMTG is not launching on Ethereum, but the broader theme of media-token integration may renew investor focus on ETH’s role in hosting enterprise-grade apps, NFTs, and tokenized communities.
The broader altcoin market has moved cautiously amid ETF decision delays from the SEC, but Ethereum has managed to avoid deeper losses. With institutional attention now split between meme tokens and serious Layer-1s, ETH’s consistent liquidity continues to act as a stabilizer.
Looking at the 3-month window, Ethereum remains up over 12.9%, reflecting strength from its March rally above $2,100. Still, investor sentiment remains mixed as long as ETH stays below the psychologically important $2,000 level. Short-term volatility may continue, particularly as Bitcoin dominance edges higher and regulatory clarity remains elusive.
Looking ahead: What’s ahead for ETH traders?
While the Trump Media token launch has limited impact on Ethereum’s fundamentals, it emphasises a growing trend of mainstream entities, sovereign governments entering the cryptocurrencies sector.
If this adoption wave gains momentum, ETH price is well-positioned to benefit as the leading network decentralized finance applications.
As of now, traders are watching whether Ethereum can reclaim $1,850–$1,880 in the coming days, with $1,735 remaining the key support to hold.
Ethereum price forecast today: Elliot Wave pattern points to $1,857 target before possible retracement
The Ethereum price forecast chart below displays a clean 5-wave Elliott structure, and price has now reclaimed territory above the mid-range baseline of the Donchian Channel, suggesting bullish control.
Ethereum price forecast
The current uptrend from the April 13 swing low formed a base near $1,681, which aligns with the 0.5 Fibonacci retracement of Wave (1). This level now acts as strong support.
More so, the ETH Volume Delta has cooled significantly, printing –9.58K, signaling reduced bearish pressure rather than decisive profit-taking.
However, ETH candles continue to close above the 20-day moving average line within the Donchian Channel.
The upper band of $1,857 marks the likely target for this impulse wave’s completion. If broken, a rally towards $2,000 becomes plausible.
Still, the breakout prospect is not confirmed without a decisive break above $1,857. A pullback from here could trigger instant retracement toward the 0.382 Fibonacci at $1,735, aligning with Wave (4) corrective targets.
In summary, ETH bullish thesis remains intact if prices stay above $1,681, but a close below this level would challenge the Elliott bullish count, possibly breaking below the $1,500 terittory.
Solana (SOL) and SUI have experienced impressive market growth, each carving out its place with unique features and strong performance. Solana’s scalability and speed, alongside SUI’s focus on high efficiency, have made them stand out as projects from which early adopters have benefited.
Platforms like Unilabs (UNIL) aim to offer the same kind of early access to emerging crypto projects. It assists investors in spotting the next big opportunities before they gain mainstream attention.
By prioritizing the next wave of blockchain innovations, Unilabs offers savvy investors the opportunity to stay ahead in the fast-paced world of crypto investment.
Unilabs: Discover Tomorrow’s Top Cryptocurrency Today
Unilabs is transforming how investors invest in DeFi, thanks to its first asset manager, which leverages artificial intelligence to assist retail traders in managing their portfolios efficiently and increasing profits.
The asset manager currently holds over $30 million in AUM, enabling users to access sufficient liquidity to rebalance their portfolios or swap assets. Unilabs has distributed these funds across various investment vehicles, including Bitcoin, real-world assets, AI, and crypto mining.
Each specialized fund offers investors a balanced exposure to the decentralized finance market. Even more interesting is the meme coin identification tool that enables investors to identify early-stage meme tokens with high potential growth by tracking exchange listing, liquidity, and market trends.
This tool assists users in spotting promising meme coins early to maximize potential returns. In addition, Unilabs features an AI Market Pulse, which scans the market for on-chain and off-chain data. With this, Unilabs can track the performance of the Solana price or even SUI, to give a clearer, data-driven insight into the market.
UNIL Presale Gains Momentum
Unilabs’ presale has drawn investor interest, raising over $859K, with stage two presale tokens almost selling out, with over 165 million UNIL tokens sold.
Crypto whales are quietly accumulating more tokens and taking advantage of the low entry point of just $0.0051, which could soon increase to $0.0062. This could mark a 55% return on investment for investors who bought the token at its initial offering of $0.004.
The explosive presale momentum has sparked experts to forecast potential gains of up to 100x. It has caused traders to shift focus from tokens like SUI and SOL to UNIL.
Solana Price Prediction: SOL Could Retrace to $120
Solana price has been in the headlines again, with many analysts forecasting it could drop to $120 soon. Afterwards, the Solana price could skyrocket even higher to new all-time highs. SOL is now testing support near the 200-day EMA around the $162.42 level.
Some market insiders have suggested that a sustained close below the $160 level could spark a significant decline that would drop the Solana price to $141.41 or even $120. This reflects an increasingly bearish sentiment for SOL in the market.
Source: CoinMarketCap
Meanwhile, technical indicators are flashing red, further cementing this Solana price prediction. SOL’s relative strength index hovers near the neutral area as the MACD nears a bearish crossover.
Per Coinglass’ insights, the long-to-short ratio for SOL has declined, marking the lowest level in a month. However, MetaMask’s upcoming native support for SOL could shift the narrative and attract broader adoption.
SUI Price Eyes New All-Time High
With the pioneer crypto trading above $106K, SUI is preparing for a bounce back. Backed by an ongoing network expansion, SUI price has been trading within a rising channel and now targets the $6 level and a new all-time high.
The token has recently broken out of a falling wedge pattern that has sustained the uptrend. SUI is now forming higher lows in the rising channel. This bullish recovery has sparked a golden crossover.
Source: TradingView
Moreover, the altcoin has showcased a positive crossover between the 50-day and 100-day EMAs, cementing its bullish momentum.
Adding to the bullish continuation, SUI’s daily RSI line has signaled a hidden bullish divergence. The divergence has formed a lower low while the SUI price continues to rise inside the channel. As such, SUI could be gearing up for further upside.
Conclusion
SUI and Solana prices continue to benefit from network developments and broader adoption, driving bullish sentiment. Yet Unilabs draws investors with explosive presale momentum, rewarding community incentives, and innovative AI tools.
With its ICO scaling upwards and a protocol that can spot the next SOL or SUI, Unilabs is positioning itself as a notable contender for significant upside in the DeFi market.
The post Unilabs Offers Unique Crypto Early Investment Platform, Could Identify the Next Solana & SUI in 2026 appeared first on Coinpedia Fintech News
Solana (SOL) and SUI have experienced impressive market growth, each carving out its place with unique features and strong performance. Solana’s scalability and speed, alongside SUI’s focus on high efficiency, have made them stand out as projects from which early adopters have benefited. Platforms like Unilabs (UNIL) aim to offer the same kind of early …
Dogecoin price is attracting renewed attention from technical analysts, with several chart formations pointing to a meme coin rally. According to multiple analysts, DOGE price is displaying a combination of technical indicators and structures that suggest the potential for a 10X rally. These include a breakout from a triangle pattern, a developing “cup and handle” formation, and historical pattern similarities to the 2017 bull market.
Dogecoin Price Prediction: Chart Patterns Point to 10X Meme Coin Rally
In a recent post on X, analyst Trader Tardigrade shared a chart showing the MACD indicator breaking out from a triangle formation. This setup has historically been linked with strong upward momentum in Dogecoin price. The MACD breakout is accompanied by a rounded bottom pattern, often seen as a preparatory phase before bullish moves.
Notably, during previous instances in September and March, similar MACD triangle breakouts occurred. In both cases, the breakout led to a rapid acceleration in Dogecoin price. These historical movements suggest that the current meme coin rally may lead to a new all-time high.
Source: X
The MACD lines have crossed again in recent sessions, with the indicator moving above the triangle’s downtrend line. Analysts are observing similar conditions that were present during previous rallies. The upward curl in the price structure reinforces the breakout narrative.
Meanwhile, following the recent move by House of Doge, market analysts are forecasting a 16% rise in Dogecoin price as bullish momentum builds.
Cup and Handle Pattern Suggests Upside Toward $2.00
Additionally, according to Crypto Elites, DOGE price is forming a cup and handle pattern, a technical formation often associated with bullish continuation. The rounded bottom of the cup has already developed, and the handle phase is underway. This formation typically leads to a breakout once the price surpasses the neckline resistance.
The key resistance level is positioned near $0.185. A confirmed break above this threshold could open the door to a sharp upward movement. Based on this chart pattern, the projected target is in the $1.85 to $2.00 range. The projection is calculated using the depth of the cup formation.
Source: X
However, the analyst noted that the current retracement to the handle’s lower range may act as a support zone. This area has historically been where momentum builds ahead of breakouts.
Historical Behavior Resembling 2017 Cycle
Concurrently, analyst KrissPax has identified similarities between the current Dogecoin price movement and the 2017 bull run. KrissPax posted a chart on X that compares both periods, showing the current phase aligning closely with the structure before DOGE price previous surge. According to the chart, the current meme coin cycle could extend beyond the previous all-time high.
KrissPax projected that the top meme coin could rise to $4 if the second major breakout occurs, similar to the 2017 pattern. While this is a longer-term scenario, it is based on recurring patterns observed in past market cycles.
A recent CoinGape report supports the bullish outlook on DOGE price, noting that a breakout above the $0.18 resistance could ignite a meme coin rally toward the $20 mark.