The post Ethereum Price Prediction: New Crypto Tagged The DeFi King Set To Unseat Cardano appeared on BitcoinEthereumNews.com.

The Ethereum price is showing positive momentum and could claim the $3,000 level amid renewed market confidence. Meanwhile, all eyes are turning to Unilabs (UNIL), an AI-driven DeFi platform gaining traction as a potential “Cardano killer.”  With its AI and real-time analytics, Unilabs is transforming funds management. As the altcoin race heats up, the value of UNIL could surge to a new peak as adoption soars. Cardano (ADA) Price Consolidates in Symmetrical Triangle, Analyst Eyes Breakout Per crypto analyst Sssebi, a key technical pattern is forming on the Cardano price chart, which could lead to a breakout. He told his followers the Cardano price is currently consolidating inside a symmetrical triangle, a pattern that usually precedes a strong directional move. Meanwhile, multiple candle wicks are bouncing off the $0.70 area, which has been a key support for the Cardano price. Sssebi believes that the price of Cardano may retest the upper trendline of the triangle near the 0.80 level.  A successful retest with strong volume could produce a breakout that pushes the Cardano price into a new bullish phase. Potential targets include $1.5 and $2.1. However, a downtrend may begin if the ADA price breaks below the $0.70 support zone. At the moment, the Cardano price has just dipped by 2.8% at the weekly level. The DeFi coin is currently retesting the $0.74 support and could lose it in the coming days if selling pressure tightens. Ethereum (ETH) Price Soars, $3,000 In View While the Cardano price eyes an uptrend, the Ethereum price could be set for a huge rally in the coming months, according to recent data. In a recent X post, Mister Crypto revealed that massive amounts of funds are flooding into Ethereum. Also, the Ethereum price has risen by 4.7% on the weekly timeframe and 48.9% on the…

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Filed under: News - @ June 1, 2025 8:15 am