Historical data shows that Ethereum price could enjoy big gains in the first quarter of 2025. Based on this data, cryptocurrency analyst Kaduna predicted that the second largest cryptocurrency by market capitalization could be launched. Altcoin season At the beginning of the new year
Historical performance shows what to expect from the Ethereum price
CryptoRank data It shows that Ethereum price could enjoy positive monthly gains during the first quarter of 2025. This is based on historical trends showing that Ethereum enjoyed monthly closes in the green during the first quarter of the 2017 and 2021 bull periods, the following years after the Bitcoin halving. 2025 is expected to follow 2017 and 2021 halving event It happened this year.
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In 2017, the Ethereum price increased by 34%, 47% and 215% in January, February and March respectively. Meanwhile, in 2021, Ethereum was up 78%, 7%, and 35% in the first three months of the year. So, ETH can do that Huge achievements In the first quarter of next year
Based on this historical trend, cryptocurrency analyst Kaduna suggested that now is not the time to bear down on the Ethereum price as he advised market participants not to rummage through their ETH wallets. The analyst added that ETH will lead Altcoin seasonpossibly as the implementation of the first quarter of 2017 and 2021 next year.
This historical trend provides a bullish outlook for the price of Ethereum, which has been weaker this year compared to other major cryptocurrencies. Ethereum has a modest year-to-date (YTD) growth of around 47%. Moreover, the second largest crypto has struggled to hold above the psychological level of $4,000 and has not reached anything close to its current level. All-Time High (ATH) 4800 dollars
However, it is worth noting that Ethereum price reached its current ATH in 2021. As such, if Ethereum repeats its 2021 run in 2025, it could easily reach a new ATH.
ETH's time will come
Crypto analyst Ted gave a bullish outlook for the price of Ethereum, stating that Ethereum's time will soon come. The analyst pointed to another piece of data that suggests the first quarter of 2025 will be huge for Ethereum. He noted that ETH and BTC mastery Move in reverse during the bull. Currently, Bitcoin's dominance is on the verge of a major collapse, which is why Ted is confident that Ethereum will soon reach an all-time high.
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In this regard, Ted boldly predicted that the price of Ethereum will reach $10,000 in 2025. Crypto analyst Trader Tardigrade also gave a bullish outlook for Ethereum. He stated that crypto has completed the contract triangle as a local bottom. His accompanying chart showed that ETH could Back to $4,000.
At the time of writing, Ethereum is trading around $3,380, which has fallen over the past 24 hours. data From CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
