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Historical Data Suggests Ethereum Price Could Enjoy Huge Gains in 2025
Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year.
Historical Performance Shows What to Expect from Ethereum Price
CryptoRank data shows that the Ethereum price could enjoy positive monthly gains throughout the first quarter of 2025. This is based on historical trends that show that Ethereum enjoyed green monthly closes in Q1 of the 2017 and 2021 bull runs, the following years after the Bitcoin Halving. 2025 is expected to follow 2017 and 2021, as the Halving event occurred this year.
In 2017, the Ethereum price enjoyed gains of 34%, 47%, and 215% in January, February, and March, respectively. Meanwhile, in 2021, Ethereum recorded gains of 78%, 7%, and 35% in the first three months of the year. Therefore, ETH could replicate such massive gains in the first quarter of next year.
Based on this historical trend, crypto analyst Kaduna suggested that this isn’t the time to be bearish on the Ethereum price, as he advised market participants not to fumble their ETH bags. The analyst added that ETH will lead the altcoin season, possibly as it replicates the 2017 and 2021 Q1 performances next year.
ETH’s Time Will Come
Crypto analyst Ted provided a bullish outlook for the Ethereum price, stating that ETH’s time will soon come. The analyst cited another data, which shows that the first quarter of 2025 will be huge for Ethereum. He noted that ETH and BTC’s dominance move inversely during a bull run. Currently, Bitcoin’s dominance is on the verge of a big leg down, which is why Ted is confident that ETH will soon pump to new highs.
Conclusion
In conclusion, historical data suggests that the Ethereum price could enjoy huge gains in the first quarter of 2025. With crypto analysts predicting a potential altcoin season and Ethereum’s historical trend of replicating its Q1 performances, investors may want to consider holding onto their ETH bags. However, it is essential to note that the cryptocurrency market is inherently volatile, and prices can fluctuate rapidly.
FAQs
Q: What is the predicted Ethereum price in 2025?
A: According to crypto analyst Ted, the Ethereum price could reach $10,000 in 2025.
Q: What is the current Ethereum price?
A: At the time of writing, the Ethereum price is trading at around $3,380.
Q: What is the historical trend of Ethereum’s Q1 performance?
A: Ethereum has historically enjoyed positive monthly gains in Q1, with gains of 34%, 47%, and 215% in January, February, and March, respectively, in 2017, and gains of 78%, 7%, and 35% in the first three months of 2021.
Q: What is the relationship between Bitcoin’s dominance and Ethereum’s price?
A: According to crypto analyst Ted, Bitcoin’s dominance and Ethereum’s price move inversely during a bull run, with a big leg down in Bitcoin’s dominance potentially leading to a pump in Ethereum’s price.
Q: What is the current state of the cryptocurrency market?
A: The cryptocurrency market is inherently volatile, and prices can fluctuate rapidly. It is essential to stay informed and make informed investment decisions.