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Amid the ongoing crypto market rally, fueled by the recently concluded US general election, Ethereum’s price has broken out, with signs of breaking out of the $3,000 major resistance zone in the coming days. According to popular analyst Ali Martinez, Ethereum’s price could hit $6000 in the coming weeks.
Sui and Cutoshi also witness positive predictions. Having broken out of the $2.2 mark, Sui’s price is expected to surge by over 100% in the coming weeks as technical indicators point towards a rally. Cutoshi’s recent launch of the Farming protocol is expected to drive its adoption, which will likely push the CUTO price high. Given the unique feature, CUTO could hit 40x in Q4.
Cutoshi Farming Protocol Goes Live
Barely 48 hours after the Cutoshi team launched the farming protocol, over 1300 people have begun farming and earning. Cutoshi farming is one of the unique features of the ecosystem designed to reward active community members. At the farming mechanism, users will accumulate points, which can be redeemed for CUTO tokens when the platform launches.
This comes barely two weeks after Cutoshi was listed on CoinMarketCap, allowing investors to learn more about the project. With the upcoming CoinGecko listing, Cutoshi’s price could be set for a massive pump in the coming days.
As a platform, Cutoshi is a project that follows core DeFi principles of privacy, anonymity, security, and monetary empowerment for the masses. The project is backed by a fantastic ecosystem with tools such as a multi-chain DEX, educational platform, NFTs and merch that are designed to ensure a seamless experience on the platform.
Early investors have already made 46% returns, barely a month after the presale launched. With 99% of the tokens allocated for stage 2 sold out, the CUTO price is about to increase again. Given the limited 440M total supply and the deflationary mechanism, Cutoshi’s price could hit 20x before the end of the presale and 100x on launching in exchanges like Uniswap.
Ethereum Price To Hit $6,000 Soon
Ethereum price has broken out of the $2,800 resistance level as it targets the $3k mark. Ali Martinez, a popular market analyst on X believes the Ethereum token is on its way to $6000. Ali believes the risk-to-reward for Ethereum is too attractive to ignore.
Source: Ali Charts on X
CoinMarketCap data shows that Ethereum’s price jumped by 18% in the past month and a further 14% in the past week. While this price increase is modest compared to other altcoins like Solana, it shows Ethereum’s resilience amid the ongoing sell-off by whales. Although the Ethereum trading volume has fallen by 8% in the past 24 hours, the market cap has hit $350B.
Ethereum trades above the 50-day SMA as per TradingView but still some cents below the 200-day SMA. Also, the Ethereum fear and greed index shows 69 (greed) while the price volatility stands at 3%. If Ethereum breaks the $2,968.72 resistance level, it will likely hit $3000 in a few days.
Sui Price Set To Hit $8.88, Expert Claims
Sui (SUI) has witnessed massive rallies in the past few months, surging by over 285% in the YTD price metrics. Looking at the Sui price movement, Investing Haven, a crypto expert on X, sees so much promise in the Sui token heading to 2025. According to the expert, Sui’s current momentum is strong, and if it continues, it could reach $8.88 soon.
Source: InvestingHaven on X
After breaking out some weeks ago, Sui’s price has risen by 18% in the past month, as per CoinMarketCap. The Sui token has also established support above $2 and might hit the $2.5 mark soon. However, both the Sui trading volume and market cap are down, which shows a slight correction might be imminent before it resumes its bullish momentum.
Meanwhile, the Sui coin has recorded 16 green days in the past month with the altcoin trading above the 50-day and 200-day SMA. Sui market sentiment is bullish with Coincodex projecting a rise to $7.64 in the short term. With the massive rise in the past month and the crypto market bullish momentum, Sui has high chances of flipping the $3 mark this month.
Which Coins Will Dominate The Market In Q4?
Although the crypto market is up, there is still time to invest in promising projects like Ethereum, Cutoshi, and Sui. The recent launching of the farming protocol and the CoinMarketCap listing is likely to drive the CUTO token price up. Adding to its strong utilities in the DEX and the educational platform.
For more information on the Cutoshi (CUTO) Presale:
https://cutoshi.com
Join and become a community member:
https://t.me/cutoshi
*This article was paid for. Cryptonomist did not write the article or test the platform.