Historical Data Shows What To Expect From Ethereum Price In Q1 2025 – It’s Very Bullish
Historical data shows that Ethereum price may rise significantly in the first quarter of 2025. Based on this data, cryptocurrency analyst Kaduna predicts that the second largest cryptocurrency by market capitalization may usher in Altcoin Season At the beginning of the new year.
Historical performance shows what to expect from Ethereum price
Encrypted ranking data It shows that Ethereum price may achieve positive monthly returns in the first quarter of 2025. This is based on historical trends showing Ethereum achieving green monthly closes during the first quarter of the bull run in 2017 and 2021, a few years after Bitcoin’s halving. 2025 is expected to follow 2017 and 2021 as Halving event Happened this year.
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In 2017, Ethereum price increased by 34%, 47% and 215% in January, February and March respectively. At the same time, Ethereum’s gains in the first three months of 2021 were 78%, 7%, and 35% respectively. Therefore, ETH can replicate something like this huge gain First quarter of next year.
Based on this historical trend, cryptocurrency analyst Kaduna said that now is not the time to be bearish on Ethereum prices, and he advised market participants not to fumble in their Ethereum bags. The analyst added that ETH will lead Altcoin Seasonlikely because next year it will replicate the performance of 2017 and the first quarter of 2021.
This historical trend provides a bullish outlook for the price of Ethereum, which has underperformed this year compared to other major cryptocurrencies. Ethereum’s year-to-date (YTD) gains are only around 47%. Additionally, the second-largest cryptocurrency has struggled to stay above the psychological $4,000 level and is nowhere near its current levels All Time High (ATH) $4,800.
However, it is worth mentioning that Ethereum price reached its current highest level in 2021. Therefore, if ETH replicates the trend of 2021 in 2025, it could easily reach new highs.
The era of ETH will eventually come
Cryptocurrency analyst Ted gave a bullish outlook on Ethereum prices and said that ETH’s time will soon come. The analyst cited another data showing that the first quarter of 2025 will be huge for Ethereum. He noted that ETH and BTC Dominance Moves in the opposite direction during a bull market. Currently, Bitcoin dominance is on the verge of a major drop, which is why Ted believes ETH will hit new highs soon.
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In line with this, Ted boldly predicted that the Ethereum price will reach $10,000 by 2025. Cryptocurrency analyst Trader Tardigrade also gave a bullish outlook on Ethereum. He stated that the cryptocurrency has completed a contracting triangle serving as a local bottom. The chart he attached shows that ETH can Rally to $4,000.
According to the data, Ethereum price is around $3,380 at the time of writing, having fallen in the past 24 hours data From CoinMarketCap.
Featured image created using Dall.E, chart from Tradingview.com
