Analyst: Ethereum's current trend is similar to that of 2016-2017, and it may be on the verge of a dramatic increase
Market analyst VentureFounder predicts that Ethereum will experience a "breakthrough surge" in the coming months. The analyst points out that Ethereum's current trend is similar to its cycle from 2016-2017, predicting a repeat of the explosive rise that drove ETH to new highs at that time.
VentureFounder's ETH price target is to reach $15,937 by May 2025, which would push Ethereum's market value past $1 trillion for the first time. To achieve this bullish scenario, the analyst emphasized the importance of Ethereum maintaining $3,800 as weekly support. Successfully holding this level could increase the possibility of retesting its all-time high of $4,878 in the short term and potentially continue rising afterwards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
James Wynn Activates Old Wallet and Opens ETH Position with 25x Leverage
Matrixport: If Ethereum Fails to Hold the $4,180 Level, Further Downside Risk Remains

James Wynn Reactivates Old Wallet to Open 25x Leveraged Long Position on Ethereum
Trending news
MoreCrypto prices
More








