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July was bullish, with Bitcoin and Ethereum soaring and altcoins following suit. While the market is cooling off, ETH ETF recorded high inflows that defied the odds.

Does this renewed interest in the ETH ETF mean a 20-40x gain? What are analysts’ views on Ethereum price predictions? Bearish or bullish?

Ethereum Price Prediction: What The Chart & Technical Analysis Say

A few hours ago, Luciano, a popular cryptocurrency trader, revealed that ETH saw a $5.4 billion inflow during the past 20 days. He said, “Out of 31 days in July, $ETH ETFs saw net outflows on just one, that’s $5.43B flowing into #Ethereum in a single month.”

“$ETH is now on a 20-day ETF inflow streak, with BlackRock’s ETHA alone scooping up over $4B. The demand is relentless.”

ETH is trading at $3,474, below the $3500 support. An Ethereum price prediction by Unichartz suggests that the ETH price will see a short-term weakness.

“It has broken below a key support zone, confirming short-term weakness in price structure. At the same time, the RSI is showing bearish divergence, signaling slowing momentum while the price was making higher highs a classic early warning of a potential drop.”

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Now all eyes are on the strong demand zone below. If ETH finds support there, we could see a solid bounce or a complete trend reversal. But if this zone fails, deeper correction may follow.

While Ethereum price prediction seems bullish, ETH is an established token with a massive market cap of $419.66 billion. Its growth potential is limited; a 20x requires a high Inflow, which seems almost impossible.

The smart money looking for high gains are investing in Remittix (RTX), a PayFi solution offering an early entry opportunity to wise investors.

Remittix (RTX), The Better Investment Option

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