Ethereum (ETH), the second-largest cryptocurrency by market cap, is showing signs of a major rally, with analysts predicting that the price of ETH could surge to $15,000 by 2025. This bullish outlook comes after Ethereum’s recent price rebound and the discovery of a key “impulse breakout” in its price action. Despite a dip earlier in December, Ethereum’s upward trajectory has remained intact, drives excitement among investors and analysts alike.
At the time of writing, Ethereum is trading at approximately $3,988, just below its all-time high of $4,878 reached in November 2021. ETH has shown a 2.22% increase in the last 24 hours, despite being 18.2% lower than its peak price. However, Ethereum’s price is still robust, with daily trading volumes reaching $47.4 billion, indicating strong market interest and activity.
One of the key factors fueling optimism around Ethereum is the appearance of an impulse breakout—a technical signal that suggests the cryptocurrency is set for an upward trend. An impulse breakout occurs when an asset breaks through a major resistance level with high volume, often marking the beginning of a powerful rally.
The anonymous analyst behind this prediction, known as “venture founder,” highlighted that Ethereum has been on a steady rise since November 18, surging by 28%. Despite a brief dip to $3,615 on December 5, ETH quickly rebounded and surged past the $4,000 mark, posting an 8.4% increase in just one week. This recovery, along with the three-year ascending triangle pattern Ethereum has been following, suggests that the cryptocurrency is nearing a “paradigm shift”.
However, for the bullish momentum to continue, analysts stress that Ethereum needs to maintain a weekly closing price at or above $3,800. This level of support would confirm the breakout and solidify ETH’s path toward higher price targets.
The analyst further speculates that Ethereum could see a massive rally, potentially reaching $15,000 by 2025. While the exact timeline remains uncertain, Ethereum’s technical setup and market momentum suggest that ETH is gearing up for a significant surge in the coming years. If the bullish trend continues, the cryptocurrency could exceed its previous all-time highs and potentially enter a new price range, pushing toward new all-time highs.
Ethereum’s price forecast is also bolstered by a golden cross pattern that is expected to form soon. Honey, a swing trader, pointed out that the last time this occurred, in November 2023, Ethereum experienced a 100% price increase in the following months. She believes that Ethereum is currently in the early stages of another significant rally, with Stage 1 being the initial pump, followed by Stage 2, a period of correction, and finally Stage 3, a massive surge to new all-time highs.
Ethereum’s bullish outlook is further supported by the growing interest from institutional investors, particularly in Ethereum Exchange-Traded Funds (ETFs). On December 5, spot Ether ETFs saw an enormous inflow of $431.5 million, marking the highest daily total since their inception in July. In total, Ethereum ETFs have accumulated more than $1.3 billion in net inflows since November 21, with BlackRock’s iShares Ethereum Trust leading the charge. This fund alone has received over $500 million this week, signaling a growing appetite for exposure to Ethereum among large institutional investors.
Additionally, other significant contributions came from Fidelity’s Ethereum Fund, Grayscale’s Ethereum Mini Trust, and Bitwise Ethereum ETF, showing a broadening interest in Ethereum across various institutional players. These inflows into Ethereum-based ETFs reflect increasing confidence in the long-term potential of the cryptocurrency, especially as the Ethereum network continues to evolve.
Another bullish factor for Ethereum is the continued expansion of its DeFi (Decentralized Finance) sector. According to data from DefiLlama, Ethereum’s total value locked (TVL) within its ecosystem has reached a new annual peak of $77 billion, showcasing the growing dominance of Ethereum in the decentralized finance space. The robust DeFi sector, combined with institutional interest and positive technical indicators, positions Ethereum for substantial growth in the coming years.
With the increasing interest in Ethereum ETFs, the strong technical signals pointing toward an impulse breakout, and the continued growth of Ethereum’s DeFi ecosystem, the future looks incredibly bright for Ethereum. Analysts believe that $15,000 is not out of reach by 2025, but it will depend on how the market evolves in the next few years.
Ethereum investors should remain vigilant, as market conditions can change rapidly. However, with the current momentum, Ethereum could potentially set new records in the near future. As always, investors should do their own research and stay updated on the latest market developments.
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