Ethereum (ETH) is currently holding steady above $3,300, prompting analysts to predict a major price surge. This is especially interesting considering the recent market dip led by Bitcoin.
A $14,000 ETH by March 2025?
Crypto expert Crypto Rover is making some bold predictions. He believes ETH is set for a huge price increase in the first quarter of 2025, drawing parallels to the post-Bitcoin Halving rallies of 2017 and 2021.
During those years, ETH saw massive gains in the first three months:
- 2017: 31.9% in January, 48% in February, and a whopping 214% in March!
- 2021: 78.5% in January, 8.4% in February, and 34.7% in March.
Based on these historical trends, Rover suggests ETH could reach:
- ~$5,000 in January 2025
- ~$6,400 in February 2025
- A potential ~$14,336 by March 2025!
This would not only be a significant recovery but could also more than triple ETH’s all-time high.
Altcoins Riding the Wave
This potential ETH surge isn’t just good news for Ethereum holders. Other altcoins like XRP, Solana (SOL), Binance Coin (BNB), and even Dogecoin (DOGE) are expected to benefit from this market recovery. Crypto Rover advises against selling now, suggesting significant potential gains are still ahead.
Key Support Levels for Ethereum
Analyst Gabriel Maur highlights crucial support levels for ETH between $2,800 and $2,900. He points out that breaking through this support would confirm a strong upward trend, supported by the 55-period Exponential Moving Average (EMA).
Maur’s price targets are $4,093 and $4,868 (the previous all-time high). A break above the all-time high could lead to even higher prices.
