bitcoin
bitcoin

$94930.131572 USD

0.85%

ethereum
ethereum

$3396.242494 USD

2.71%

tether
tether

$0.998259 USD

-0.03%

xrp
xrp

$2.194747 USD

2.73%

bnb
bnb

$722.955845 USD

5.13%

solana
solana

$193.917608 USD

5.39%

dogecoin
dogecoin

$0.322612 USD

4.11%

usd-coin
usd-coin

$1.000083 USD

0.02%

cardano
cardano

$0.890347 USD

1.82%

tron
tron

$0.257792 USD

-0.09%

avalanche
avalanche

$37.763560 USD

3.54%

toncoin
toncoin

$5.802048 USD

1.90%

chainlink
chainlink

$22.078036 USD

1.84%

shiba-inu
shiba-inu

$0.000022 USD

2.72%

sui
sui

$4.182714 USD

2.38%

Cryptocurrency News Articles

Ethereum (ETH) Primed for an 'Explosion' in Q1 2025, Expert Predicts a Trip to $14K

Dec 28, 2024 at 12:30 pm

As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape.

Ethereum (ETH) Primed for an 'Explosion' in Q1 2025, Expert Predicts a Trip to $14K

Market analysts are predicting a potential recovery in the cryptocurrency market, with Ethereum (ETH) showing resilience in a recent price correction.

While Bitcoin (BTC) led the recent downturn, ETH has managed to hold critical support. This has sparked optimism among analysts, who are now predicting a strong first quarter (Q1) for altcoins.

Crypto expert Crypto Rover is boldly predicting an “explosion” in ETH price in Q1 of 2025. His prediction is based on historical trends observed in previous Bitcoin Halving years, particularly 2017 and 2021, where ETH experienced substantial double-digit increases from January through March.

In 2017, Ethereum recorded impressive monthly gains of 31.9% in January, 48% in February, and a staggering 214% in March. Similarly, in 2021, ETH saw significant gains of 78.5% in January, 8.4% in February, and 34.7% in March.

According to the expert’s analysis, these historical trends indicate that if Ethereum sustains its current price level for the rest of the year, it could experience a comparable path in 2025.

Based on these historical figures and averages from the price increases between 2017 and 2021, it is possible that ETH might reach about $5,000 in January, around $6,400 in February, and by March, it could soar to $14,336 per token.

Such increases would not only signify a recovery but also potentially triple Ethereum's all-time high of $4,878 reached in November 2021.

Beyond Ethereum, other altcoins such as XRP, Solana (SOL), Binance Coin (BNB), and even meme coins like Dogecoin (DOGE) are also expected to benefit from this market correction and consolidation.

Crypto Rover has also warned altcoin holders against selling their holdings at this stage, stating, “Now is the worst time to sell. Our portfolios still have the potential to do a 10x from here. The next three months are going to be incredible.”

News source:www.newsbtc.com

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!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 29, 2024