TLDR
- Since 2022, Ethereum has shown a pattern of ascending lows, with projections suggesting a possible rally to surpass $4,000.
- Analysts propose targets for Ethereum's price, ranging between $5,000 and $13,000 by the year 2026.
- In December 2024, Trump's DeFi initiative, World Liberty Financial, made headlines by acquiring 722 ETH worth $2.5 million.
- Ethereum's current trading level is around $3,095, with identified support levels between $2,900 and $2,700.
- Despite not matching Bitcoin's performance, Ethereum retains its strong fundamentals as the dominant smart contract platform.
Ranked as the second-largest cryptocurrency globally, Ethereum continues its proximity to the $3,000 level, as market specialists weigh its 2025 growth prospects.
Renewed interest in Ethereum's price trajectory has been sparked by recent technical analyses and market dynamics, even though it remains far beneath its peak of $4,800.
Patterns observed by various crypto analysts suggest Ethereum could be gearing up for an upward trend. Crypto expert Titan highlights Ethereum's pattern of higher lows on weekly charts since 2022, indicating a positive outlook.
#Ethereum 2025 Roadmap 🗺️ #ETH There is anticipation for a significant move upwards within this year.
Profit-taking zones are mapped out clearly on the chart. 🫡 pic.twitter.com/GotwwawDAa
— Titan of Crypto (@Washigorira) January 28, 2025
Ethereum's battle against the $4,000 resistance is crucial for paving the way to further highs. According to Trader Ted, surpassing this barrier could lead to. Ethereum could surge Ethereum reaching $9,000 in the coming three to four months, though it's wise to approach such forecasts with caution.
Ethereum's long-term charts reveal a trend of forming elevated lower points.
$4,000 acts as the pivotal barrier, and breaking through it will trigger $ETH to new ATH.
I'm anticipating that once this happens, Ethereum could soar to between $9,000 and $10,000 within 3-4 months. Keep an eye out as Trump is likely to keep investing more 🔥 pic.twitter.com/c3fFVXh8Xl
— Ted (@TedPillows) January 29, 2025
A notable driver of market interest is the involvement of Trump-linked World Liberty Financial (WLF). This DeFi project gained attention in December 2024 by purchasing 722 ETH, roughly estimated at $2.5 million at current valuations.
Technical analyst Alex Clay has observed a completed falling wedge pattern, coupled with the defense of the $3,000 support level, as encouraging signals.
Imo it's the dip on #ETH 💁♂️
Completion of compression (falling wedge) is confirmed ✅
$3k Major Support has held✅It's time to reverse the short-term trend! Commit $ETH to $4k $4.5k $5k📈 pic.twitter.com/TTDHwrPbOP
— Alex Clay (@cryptclay) January 29, 2025
Eth trades at $3,095 currently, reflecting a 2.2% decline over the last 24 hours. Martinez advises utilizing dips to $2,900 as purchasing openings while keeping stop-loss levels in the $2,700 - $2,500 bracket.
ProjectW, a market analyst, noted a lengthy period of accumulation within a wide trading range, which often heralds significant price movements according to historical market patterns.
The correlation between Ethereum's and Bitcoin's prices draws substantial interest as Bitcoin achieves new historic peaks, while Ethereum's gains lag, experiencing sharper downturns amid market corrections.
World Liberty Financial garners attention through recent Ethereum acquisitions. December 2024 saw the organization buy 722 ETH in one of the larger institutional trades in recent months.
Some analysts speculate on potential market manipulation facilitated by negative media narratives, suggesting this could be tactical accumulation at lower prices by bigger players. However, these remain speculative theories lacking proof.
Ethereum faces pricing hurdles but holds its dominance as the top platform for smart contracts, hosting most DeFi applications and leading in DeFi liquidity.
The Ethereum network's technical strengths hold steady, with ongoing development and a robust ecosystem of developers creating on the platform, providing context for present market actions.
Market analysts pinpoint several critical price levels for Ethereum. Support seems to exist around $2,900 with further backing at $2,700, while $4,000 remains the pivotal resistance that must be crossed for upward momentum.
The latest Ethereum price trends reveal a tight trading range with daily volatility stabilized compared to historical patterns. Trading volume consistency suggests sustained investor interest despite price consolidation.
Fibonacci extension forecasts point to possible long-term price targets, though these should be approached with caution.
Some analysts forecast Ethereum prices between $5,000 and $13,000 by 2026, relying on technical analysis models.