Long Or Short? Hyperliquid Meta Trader Gives Ethereum Price Prediction As Prices Tumble

Source Cryptopolitan

Ethereum’s (ETH) price prediction has become a hot topic as the market struggles to interpret mixed signals from on-chain metrics and ETF flows. Despite a flood of bullish developments in June, the token still ended the month with a 1.5% loss. 

Traders now question if the rally is merely delayed or altogether derailed. Meanwhile, lesser-known tokens like Remittix are quietly drawing attention for their real-world payment use cases.

Hyperliquid: Cooling Momentum After a Massive Rally

Hyperliquid (HYPE) soared in recent weeks but now faces a key test near the $41.55 resistance. The level aligns with a Golden Pocket Fibonacci retracement and prior price ceilings, suggesting a potential reversal zone.

Technical analysts believe HYPE may have completed its impulsive rally and could now enter an ABC correction phase. Once that is seen, a pullback to the price of 26.53 can be expected, which is a strong support area. Still, the correction appears healthy and orderly, with no signs of panic selling.

Unless bulls reclaim $41.55 with volume, sideways movement or a dip remains the probable path. Yet, this zone may offer a fresh entry point for traders looking to accumulate.

Source: Tradingview

Ethereum: Bullish Tailwinds Struggle to Lift Price

Ethereum’s June metrics looked promising on paper. US spot ETFs recorded their second-best month since launch, pulling in over $1.1 billion in net inflows. Accumulation addresses, wallets that have never sold ETH, saw their highest monthly increase in history, signaling long-term holder conviction.

Large companies such as SharpLink Gaming and Bit Digital bought ETH and added it to their treasuries, and staking reached an all-time high of 35.52 million ETH. However, in spite of it, ETH could not record a positive trend, being trapped between the levels of $2,300 and $2,500.

Traders attribute the underperformance to global market jitters, political tensions and whale offloading. One whale recently pulled 95.3K ETH from staking, sending over 68K ETH to exchanges, a potential precursor to sell pressure.

Source: Tradingview

Remittix: The Utility Token Turning Heads

While ETH struggles for momentum, Remittix (RTX) is emerging as a stealth contender in the utility token space. Its crypto-to-fiat bridge lets users send tokens like ETH or USDC directly to bank accounts in minutes, a real breakthrough in payments.

Take Paulo, a gig worker in Brazil. Instead of losing 6–8% using traditional exchanges to off-ramp earnings, he uses Remittix to receive reais straight into his bank at just 1% cost. With upwards of $15.8 million already raised and RTX trading at $0.0811, its upside potential remains massive.

Backers believe Remittix could follow, or even exceed, early-stage Ripple’s trajectory. With the $190T payments market ripe for disruption, RTX may be one of the most overlooked opportunities of 2025.

What Traders Are Betting on Next

Ethereum’s long-term fundamentals are strong, but short-term price action remains underwhelming. Hyperliquid’s chart setup suggests a pause, not a crash. Meanwhile, real-world use cases like those offered by Remittix are capturing investor imagination. For traders seeking practical blockchain solutions with breakout potential, RTX may be worth a close look.

Join the Remittix (RTX) presale and community: 

Join Remittix (RTX) Presale

Join the Remittix (RTX) Community

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Ripple says XRP reports will look different moving forward, avoiding an SEC repeat-case scenarioRipple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
Author  Cryptopolitan
May 06, Tue
Ripple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
placeholder
Dogecoin Closes June In The Red With 14% Losses, Will July Be Any Better?With the close of June, the Dogecoin price has once again confirmed the bearish trend of the month.
Author  Bitcoinist
Jul 02, Wed
With the close of June, the Dogecoin price has once again confirmed the bearish trend of the month.
placeholder
Solana (SOL) Cools After Recovery — Resistance Proving Difficult to CrackSOL price is now correcting gains and might struggle to rise above the $155 resistance.
Author  NewsBTC
Jul 04, Fri
SOL price is now correcting gains and might struggle to rise above the $155 resistance.
placeholder
Silver Price Forecast: XAG/USD consolidates right below $37.00 in risk-off marketsSilver consolidates the previous two days' gains and remains pinned near $37.00.
Author  FXStreet
Jul 04, Fri
Silver consolidates the previous two days' gains and remains pinned near $37.00.
goTop
quote