Historical data shows that the price of Ethereum could have significant gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second largest crypto by market cap could go- into the market. altcoin season at the beginning of the new year.
Historical Performance shows what to expect from the price of Ethereum
CryptoRank data shows that the price of Ethereum could have positive monthly gains through the first quarter of 2025. This is based on historical trends that show that Ethereum's green monthly close in Q1 enjoyed the bull run of 2017 and 2021 , the years after Bitcoin Halving. 2025 is expected to follow 2017 and 2021, as the Copy event happened this year.
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In 2017, Ethereum price gained 34%, 47%, and 215% in January, February, and March, respectively. Meanwhile, in 2021, Ethereum recorded gains of 78%, 7%, and 35% in the first three months of the year. Therefore, ETH could represent such great benefits in the first quarter of the following year.
Based on this historical trend, the crypto analyst Kaduna suggested that this is not the time to influence the price of Ethereum, as he advised market participants not to shrink the ETH bags they have The analyst said that ETH will lead the altcoin seasonperhaps because it repeats 2017 and 2021 Q1 performances next year.
This historic move provides a positive outlook for the price of Ethereum, which has been lower this year compared to other major digital currencies. Ethereum has a modest year-to-date (YTD) gain of around 47%. In addition, the second largest crypto has been difficult to keep above the psychological level of $ 4,000 and has not come close to today. all time high (ATH) from $4,800.
However, it is worth mentioning that Ethereum price hit its current ATH in 2021. Therefore, if ETH repeats its 2021 run in 2025, it could easily reach a new ATH.
The Hour of ETH will come
Crypto analyst Ted gave a bullish outlook for the price of Ethereum, saying that ETH's time will come soon. The analyst announced another data, which shows that the first quarter of 2025 will be very big for Ethereum. He noted that ETH and The dominance of BTC to move casually during a bull run. Right now, Bitcoin's dominance is near a major downtrend, which is why Ted is sure ETH will be pumping to new highs soon.
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According to this, Ted boldly predicted that the price of Ethereum will reach $10,000 in 2025. Crypto Trader Tardigrade analyst also gave an optimistic outlook for Ethereum. He said that the crypto has completed the contracting triangle as a local base. The accompanying chart showed that ETH to go back to $4,000.
At the time of writing, the price of Ethereum is trading at around $3,380, down in the last 24 hours, according to data from CoinMarketCap.
Featured image created by Dall.E, chart from Tradingview.com
