Ethereum price

Ethereum Price Prediction, Whales Are Bagging This DeFi Coin and Dogecoin

Last Updated: May 2, 2025By

The crypto market has experienced a little rush of positive sentiment over the weekend, with the Ethereum price recovering by more than 10%. The rally began after the President of the United States announced a US Crypto Reserve which sparked a buying spree in the community. Going forward, MerlijnTrader forecasts the value of ETH could rise to $6k soon.

Meanwhile, whales have bought a large amount of Dogecoin and a new rising gem called DTX Exchange (DTX). DTX Exchange is gaining investors’ attention due to its innovative hybrid trading system. With over $15.5 million in funding, the price of DTX is expected to double upon launch, positioning it as a top crypto to buy.

Ethereum (ETH) Price Rises But Bears Remain in Control

The Ethereum price has witnessed a notable uptick over the weekend thanks to positive sentiment from Donald Trump’s announcement of a US crypto reserve. CoinMarketCap data shows the Ethereum price has risen from $2,190 to $2,540. Despite the uptick, the Ethereum price continues to trade in the red region.

The Ethereum price has declined by 12.4% on the weekly timeframe and 27.5% on the monthly chart. Looking ahead, Ali Martinez notes the Ethereum price could pump to $2.5k or even $3k if the cryptocurrency’s value remains above $2.2k. Another expert called MerlijnTrader says the Ethereum price is loading up.

They predict the Ethereum price could soar to $6k just in a matter of time. Notably, Ethereum’s relative strength index is in the oversold region. If this is rock bottom, the Ethereum price has enough room to increase in the coming weeks.

Dogecoin (DOGE) Whales Buy 140M DOGE

The Dogecoin price also witnessed a little uplift. It rose to a weekly peak of $0.24 before retracing to lower levels. Apart from the positive sentiment in the general market, whale action could also contribute to the Dogecoin price surge. Santiment data shows that whales have bought over 140 million DOGE over the past 24 hours.

However, the Dogecoin price is still down by 5.4% on the weekly timeframe, per CoinMarketCap. Yet Ali Martinez is optimistic about the Dogecoin price movement. He posted a chart where the memecoin traded in an ascending triangle. Ali predicts the Dogecoin price could remain on the path to $4 if it holds above the $0.16-$0.19 support.

In another tweet, CryptoKaleo noted the Dogecoin crypto has broken out of a descending trendline. The analyst expects the Dogecoin price to keep rising in the coming days. Potential targets for the memecoin include $0.30 and $0.45.

DTX Exchange (DTX) Investors Eyes a 2x Price Surge

While the Ethereum price aims for $6k, the DTX Exchange (DTX) coin has already increased by 800% to reach $0.18. Investors are rushing to join the DTX crypto ICO because they will get a 2x ROI as $DTX will be listed at $0.36. DTX Exchange is set to disrupt the financial trading market by providing a hybrid trading platform that combines centralized and decentralized finance, catering to all types of traders.

DTX Exchange offers more than 120k asset classes such as cryptocurrencies, stocks, forex, and ETFs, in one integrated trading ecosystem. This list enables traders to invest in various products and markets without having to open accounts in different trading platforms. This makes it one of the best DeFi projects.

DTX Exchange is the first industry participant to introduce tokenized ETF trading where users from more than 80 countries can invest in various ETFs using blockchain. This feature makes ETFs more accessible to the general public as they can invest in them in small portions and diversify their portfolios. In this way, DTX increases the liquidity of these assets and makes the investment market more open.

Top Altcoins To Keep An Eye On

With the recent bounce, positive sentiment is brewing in the crypto market. The Ethereum price and that of Dogecoin could rise to new levels in the coming months. Meanwhile, DTX Exchange is not left out of the race given its terrific presale figures. As one of the rising stars in the market right now, the value of the DeFi coin could skyrocket to new levels in the coming weeks as adoption rises.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Buy Presale

Visit DTX Website

Join The DTX Community

Stay informed with daily updates from Blockchain Magazine on Google News. Click here to follow us and mark as favorite: [Blockchain Magazine on Google News].

 

Disclaimer

Blockchain Magazine publishes content submitted by third-party agencies, partners, and clients. Any such posts are categorized and tagged accordingly:

  • Sponsored Content: Posts labeled as "Sponsored" are paid placements submitted by third-party agencies or clients. Blockchain Magazine does not endorse or express any views regarding the information contained in these posts. The opinions expressed belong solely to the respective authors and do not reflect the official policy or position of Blockchain Magazine.
  • Press Releases: Posts labeled as "Press Release" are paid PR submissions provided by our partners and clients. These are published as received and should be considered as promotional content.

The information provided in such posts is strictly for informational purposes only and should not be interpreted as financial, investment, or professional advice. Blockchain Magazine does not recommend, endorse, or promote any specific products, services, or companies mentioned. Readers are strongly encouraged to conduct independent research and consult with a qualified professional before making any financial or investment decisions.

Additionally, all featured images accompanying such posts are intended as creative depictions of the subject matter. There is no intent to offend or misrepresent any individual, institution, or entity. If any content or imagery is found to be objectionable, please reach out to us at [email protected], and we will promptly review the concern.

About the Author: Rebecca Idan

Avatar
Newsletter icon

Get Blockchain Insights In Inbox

Stay ahead of the curve with expert analysis and market updates.