ETH, which got investors excited after reaching an all-time high of $4000 in December 2024, has assumed a bearish trend, with investor optimism being dashed out. According to analysts, ETH was meant to break past $4000 a second time; however, this was not the case.
This has led investors to seek better alternatives, and analysts have predicted 1Fuel as one of the best cryptocurrencies to buy in 2025 as it gains massive attention.
With its whooping token sales, which have almost reached $1.5 million even while selling at a discounted rate of $0.017. Read on to find out why.
What you'll learn 👉
ETH bullish hopes wane as investors leave positions
During the brief price surge in the cryptocurrency market on January 20, ETH holders wondered when it would join in on the uptrend. On that day, their excitement was welling up as ETH looked bullish; however, this wasn’t long-lived. Within a few hours, ETH started dropping from $3453 and now stands at $3263 per TradingView.
This price decline is evidenced by the descending channel ETH has formed on the charts.
This bearish channel is characterized by two falling trendlines; the upper trendline forms the resistance zone, while the lower trendline forms the support zone.
According to TradingView, ETH’s has a resistance zone currently at $3474, which it has been unable to break past this zone, and it is currently heading towards its support zone of $3131. If ETH breaks below its support zone, there’s a high possibility it will continue downwards.
Data from CoinMarketCap on the 24-hour chart further reveals that ETH’s volume has declined by 36.51%. This shows that investors are beginning to leave their positions, seeking better cryptocurrencies to buy, like 1Fuel, as analysts have predicted early adopters could bag 5000% during its presale alone.
1Fuel: A new way to earn passively
Its high potential has attracted investors seeking massive ROIs. Coupled with its potential to give massive returns on investments is its strong use case. 1Fuels aims to introduce a new cryptocurrency wallet that will transform the DeFi space.
This cryptocurrency wallet will allow users to have access to multi-chain transactions; this means that they will be able to perform multiple transactions on one wallet without having to juggle multiple cryptocurrency wallets.
Also, 1Fuel will enable the use of virtual and physical debit cards, allowing users to make easy daily transactions. That’s not all; in the 1Fuel cryptocurrency wallet, users will be allowed to perform P2P transactions and also eliminate third-party interference that delays transactions. Fast transactions indicate lower gas fees and a satisfied consumer.
It will integrate an enhanced security system that ensures investor’s funds are kept safe. Also, the introduction of a staking program that allows users to earn passively is a top perk. These staking programs will allow investors to earn up to 30% APR on every staked token.
Conclusion
Unlike ETH, which has refused to deliver as predicted, 1Fuel, although in its development stage, has seen massive momentum outpacing ETH due to its strong use case.
Over the weeks, it has made $1.4 million in token sales selling at a discounted rate of $0.017 and is still in the third stage of its presale. Experts have predicted that 1Fuel’s high potential could result in a price surge reaching $1 within a few weeks.
Get 1Fuel while it still sells cheap.
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