

Ethereum (ETH) Price Rallies 8% as Cutoshi (CUTO), Dai (DAI), and Uniswap (UNI) Show Bullish Momentum
Ethereum price found a key support level at the ascending trendline, rallying by over 8% to trade above the $2,600 level.
Ethereum price showed promising signs of recovery on Monday, rallying by over 8% to trade above the $2,600 level. This rally was supported by a key ascending trendline on the 4-hour chart. If Ethereum maintains this momentum, it could retest the 200-day EMA at $2,700 and extend an additional 15% rally above its weekly resistance at $3,236.
Notably, the top altcoin will experience more upside if the demand for Layer-2 blockchains grows. As such, Ethereum based coins like Cutoshi, Dai, and Uniswap could help Ether record new highs as they gain traction from the wide market bullish momentum. This is why crypto whales are showing high interest in these three coins before the next bull market.
Crypto Whales Showing Interest In Cutoshi (CUTO)
Like DAI and UNI, crypto whales are showing interest in CUTO due to the fun back story behind its conception. It draws inspiration from the Chinese Lucky Cat and Satoshi Nakamoto’s core principles of blockchain technology. Cutoshi intends to tokenize good fortunes and bring them into the blockchain. It has adopted the power of decentralization, privacy, and financial freedom to build an ecosystem where decision making powers and control lie in the hands of its users.
Its ecosystem will feature superior tools that will bring DeFi to the masses. These include a multichain decentralized exchange, enabling users to trade and swap crypto assets seamlessly across multiple blockchains. Outside the DEX platform, there is also a learning academy that will offer users educational materials in DeFi and cryptocurrency to help them navigate their way through financial freedom.
The project has also prioritized its community with its farming protocol. Here, users who complete challenges and participate in the project’s events will be rewarded with CUTO tokens. So far, Cutoshi has successfully completed stage one and is in stage two, where CUTO tokens are available at a low-price entry point of $0.022. This marks a 46% leap from its initial offering of $0.015. It has also surpassed the $600K milestone as investors continue to be bullish about the project.
Uniswap Price Analysis: Can UNI Breakout To $20?
The price of UNI has seen a notable increase amid a wide market relief rally. It’s been fluctuating between $7.83 and $8.26, highlighting growing investor interest. This altcoin remains far below its all-time high of $44.97 witnessed in May 2021, roughly an 81.68% drop. On-chain technical indicators indicate that the Uniswap token faces resistance around the $10 level.
With an additional barrier at the $15 and $20 levels, if Uniswap’s price were to breach these resistance zones, it could push it toward the $20 target, a 134% rally from its current value. Additionally, Uniswap’s moving average convergence divergence (MACD) indicates a slight bullish momentum. The MACD line has moved above the signal line, and the histogram indicates green bars, further highlighting a positive sentiment.
Source: TradingView
Notably, Coinglass data reports that UNI derivatives have witnessed an uptick in trading activity. It highlights a strong rise in trading volume and open interest, which reflect heightened investor interest. This further suggests a strong upward potential for the UNI token.
Could DAI Price Breach The $1 Mark?
DAI stablecoin is another Ethereum-based coin that could change Ether’s bearish trends. While its value is pegged to the US Dollar, the DAI token has managed to uphold its worth without a centralized trust, setting it apart from other stablecoins like Tether (USDT) and Paxos (PAX). Its decentralized nature, coupled with a lack of regulating authority, suggests that no government can influence or shut it down.
Additionally, the DAI coin was also created by Maker, an autonomous company with another project known as Makercoin (MKR), which is also an ERC 20 decentralized token. Notably, the stability of the coin is upheld through a lending system based on the Ethereum network. Users will need to deposit their ETH into a collateralized debt position.
The Maker offers DAI stablecoins by initiating a series of balancing mechanisms that usually push the price of DAI above the Dollar. On-chain technical indicators from TradingView suggest the stablecoin could breach the $1 mark for the long term as key resistance levels have been identified. Dai’s price is expected to reach $1.2993 by 2030.
Best Token To Buy
As the market prepares for a big surge, these three Ethereum-based altcoins are on the brink of parabolic runs. Cutoshi’s diverse market appeal will foster greater adoption, propelling its value to exponential heights.
For more information on the Cutoshi (CUTO)
The above is the detailed content of Ethereum (ETH) Price Rallies 8% as Cutoshi (CUTO), Dai (DAI), and Uniswap (UNI) Show Bullish Momentum. For more information, please follow other related articles on the PHP Chinese website!

This sharp drop happened as investor interest faded and a major scandal hit the highly speculative market.

Despite being pretty much the iconic example of “random” – well, that and dice rolls – we can't help but feel like there's some element of skill involved. Especially when we lose.

Bitwise, a leading digital asset manager, has announced the listing of four of its crypto Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE).

Bitcoin may be poised for a massive rally—but only if gold continues its upward climb, according to Joe Consorti, Head of Growth at Theya.

The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. By Samuele Piar. Updated April 14, 2025.

The joint motion of Ripple and U.S. Securities and Exchange Commission (SEC) to hold the appeal in abeyance has been granted by the Circuit Judge Jose A. Cabranes.

Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors.

Today, AB DAO officially announced the launch of a dual reward campaign in collaboration with Bitget (bitget.com), the world's second-largest digital asset trading platform.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

PhpStorm Mac version
The latest (2018.2.1) professional PHP integrated development tool

SublimeText3 English version
Recommended: Win version, supports code prompts!

SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment