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Cryptocurrency News Articles
Ethereum (ETH) Price Could Break $3,000 If Historical Trends Continue
Apr 01, 2025 at 07:55 pm
Historically, April and May bring 20-30% gains, boosting Ethereum's market momentum. ETH experienced its worst Q1 ever, with all three months seeing losses.
The first quarter of 2025 was one of the most challenging for the biggest altcoin in the crypto market, Ethereum (ETH).
The crypto is known for its strong performance in April and May, usually gaining around 20% to 30% in a month. This year, ETH is already showing positive signs with a 3% rise on the first day of April.
If this trend continues, one crypto analyst predicts that Ethereum could break $3,000.
Worst Q1 For ETH Since Inception
While Ethereum is showing promising signs with a promising outlook for the coming months, the first quarter was one of its most challenging.
The crypto ended Q1 in the red, making it the worst-performing first quarter in its history.
January saw a modest decline of 1.28%, but February was especially rough, with a staggering drop of 31.95%. March didn’t offer much relief as the crypto lost another 18.69% in value. This marks the first time all three months in Q1 ended in losses for ETH.
However, historical trends suggest that Ethereum tends to recover strongly after difficult quarters. With April now underway, many traders are hopeful that ETH will stick to its seasonal trend of double-digit percentage gains.
April & May A Benign Month For ETH
Looking at Ethereum’s price performance over the years, April has consistently delivered an average return of 20%, making it the second-best month for ETH.
However, May stands out even more with an average return of over 30%.
These trends suggest that Ethereum could be heading for a strong rally in the coming weeks.
APRIL AND MAY HAVE BEEN 2 OF THE BEST PERFORMING MONTHS FOR $ETH.SINCE INCEPTION, ETHEREUM HAS AVERAGE 20% AND 30% RETURNS IN APRIL AND MAY.IF HISTORY REPEATS ITSELF, $ETHWILL TRADE ABOVE $3,000 BY MAY. pic.googleapis.com/url?url=https://s3.eu-central-1.amazonaws.com/cph-assets/images/2023/12/14/b5c77178-d498-4240-a005-060587c83111.jpg&w=630&h=399
Crypto analyst Ash Crypto has pointed out that ETH’s historical patterns indicate the potential for a breakout.
If past trends hold, Ethereum could cross the $3,000 mark by May, presenting a great opportunity for investors to buy the current dip.
Ethereum Price Movement
At the time of writing, Ethereum is currently trading at $1,874, showing a 3.5% increase in the past 24 hours.
While the price is still lagging behind its recent high of $2,104, it seems to be gaining momentum.
The altcoin’s market cap is stands at $225 billion, with a 24-hour trading volume of $15.23 billion, suggesting significant activity from traders and investors.
As Ethereum enters a historically bullish period, the coming weeks will be crucial in determining whether it can reach the $3,000 milestone.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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