Ethereum is experiencing a major breakthrough in the first quarter of 2025, and altcoins are expected to follow suit.
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With Ethereum (ETH) steadily trading above $3,300, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape.
Currently trading at $3,321, ETH’s resilience is particularly noteworthy amid the broader market correction led by Bitcoin (BTC). this recent descent ETH tested its critical support level at $3,290, effectively preventing a decline towards the psychologically important $3,000 barrier.
Can Ethereum reach $14,000 by March 2025?
Crypto expert Crypto Rover made headlines with his bold prediction that ETH is ready to “explode” in the first quarter of 2025 (Q1). His confidence is bolstered by historical trends observed in previous Bitcoin halving years, particularly 2017 and 2021. where ETH It recorded a double-digit increase from January to March.
In 2017, Ethereum recorded incredible monthly gains of 31.9% in January, 48% in February, and 214% in March. Likewise, in 2021, ETH has seen significant gains of 78.5% in January, 8.4% in February, and 34.7% in March.
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According to experts analyzeThese historical trends indicate that Ethereum could experience a similar path in 2025 if it maintains its current price levels for the remainder of the year.
Based on these historical numbers and the average price increase between 2017 and 2021, ETH could soar to around $5,000 in January, around $6,400 in February, and as high as $14,336 per token in March.
This increase would not only represent a recovery, but also potentially a tripling of Ethereum’s all-time high of $4,878 reached in November 2021.
Besides 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 integration.
Crypto Rover also warning Altcoin holders say, “Now is the worst time to sell. Our portfolio still has the potential to outperform 10x from here. The next three months are going to be truly amazing.”
Key support levels for ETH price
In addition to these optimistic predictions, analyst Gabriel Maur weighed in on Ethereum’s current price action, highlighting key support levels between $2,800 and $2,900.
The analyst points out that the support structure has turned into resistance, which, once broken, becomes an important support level. Uptrend appearing in 55 cycles exponential moving average (EMA) further supports the optimistic sentiment.
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As long as ETH stays above this important support area at the close of the week, the possibility of continued upward momentum is in favor of buyers.
Maur identify Imminent targets of $4,093 and $4,868 (previous highs) suggest that ETH may enter a price discovery phase with a Fibonacci extension indicating further upside potential if it closes above the all-time high.
Featured image of DALL-E, chart from TradingView.com
