Following the news of the Hoodi Testnet launch, can Ethereum attain a bounce-back bullish price prediction? Some are wondering if ETH could rise again given the positive network’s developments in spite of its 9.2% decline in the last seven days bringing its price to $1,809.05.
While Ethereum bulls and bears butt heads over ETH price forecast announcements, the new altcoin JetBolt (JBOLT) climbs fast, selling over 346 million tokens since its debut. This newcomer has ignited the interest of whales while older altcoin ETH battles uncertainty.
This article will discuss whether or not Ethereum can rise again after the Hoodi testnet success using Ethereum price predictions from reliable experts. In light of these ETH forecasts, we’ll also look to uncover why JetBolt is rising so fast. Keep reading to learn more.
Ethereum Price Prediction: Can ETH Bounce Back?
Ethereum made headlines due to the success of its Hoodi testnet on March 26. Hoodi is the third testnet of the network’s Pectra upgrade after the two failed activations of Holesky and Sepolia last February.
Despite the success, it wasn’t enough to push ETH’s price action higher, currently trading in the $1,800 line.
Chart illustrating Ethereum’s (ETH) price declining in the last seven days. (Source: CoinGecko)
Analysts say that Ethereum’s price prediction downtrend is the result of US President Trump’s new tariff rules and the massive liquidations across the broad crypto market in the last few weeks.
From a technical standpoint, Ethereum displays a bear flag pattern now that bears are taking over its market. This indicates ETH could possibly decline to $1,200 and $1,300. However, if Ethereum breaks above $2,000 and $2,100, more bullish price forecasts suggest the coin could mount a strong recovery from its current bearish trend.
Ethereum may rise again, but it won’t happen right away. For now, the Pectra upgrade is set to roll out on April 30, given the Hoodi testnet doesn’t encounter any bugs. If the upgrade goes well, this could bring renewed sentiment on ETH price and possibly start a price reversal.
JetBolt climbs fast as ETH forecasts pit bulls against bears
JetBolt (JBOLT) has become a trending crypto today because of its jaw-dropping presale success while Ethereum price forecasts paint a mix picture for Vitalik Buterin’s coin.
As ETH dipped, new altcoin JetBolt has sold more than 346 million tokens, a remarkable feat for a newcomer in the fast-paced world of blockchain. But what’s behind JetBolt’s impressive triumph?
Everything boils down to JetBolt’s blockchain innovation—zero-gas technology. This completely resolves the painstaking costs of sky-high gas fees, which are commonly required during transactions or interactions on other networks. With zero gas tech, users can trade cost-effectively while developers can create decentralized projects without worrying about gas costs.
Besides this revolutionary leap forward, all transactions in the JetBolt platform are fast and unalterable to ensure no delays. Users also can enter the network easily, thanks to its Web3 wallet with biometric authentication that allows seamless logins and token management.
To fuel fun and excitement on its platform, JetBolt has a reimagined staking system that rewards token holders when they stake their tokens and interact on its platform.
With all these features readily available, it’s no wonder why crypto whales are buying JetBolt’s Alpha Boxes. These are presale perks that grant buyers up to 25% extra JBOLT tokens, which can be purchased through JetBolt’s official website.
Showcasing its zero-gas technology, Web3 wallet, and enhanced staking system, JetBolt’s presale news in the crypto market continues to spread out while larger cap altcoins like Ethereum show mixed price forecasts.
Summary: Will ETH Rise Again with Hoodi Testnet Success as JetBolt climbs rapidly
While Ethereum’s bounce back remains uncertain despite the successful Hoodi testnet launching, newcomer JetBolt (JBOLT) is climbing fast with over 346 million tokens bought up. As Ethereum faces mixed reactions and varying price predictions from experts, the younger zero-gas altcoin could be changing the game for next-gen cryptocurrencies. With its zero-gas technology and other features, JetBolt showcases futuristic appeal while Ethereum’s price moves sideways below $1800.
Find out more about JetBolt by heading over to its official website and X page today.
This content is not cryptocurrency trading or financial advice. All cryptocurrencies are highly unpredictable and the crypto market may change in an instant. Please do a profound research on your side first before buying any digital asset.
