Analyst Predicts Ethereum Could Reach $12,000 by Q4 2025
According to a crypto analyst, Ethereum's price is poised for a breakout, with predictions of reaching $12,000 in the current bull cycle. Key points include:
- Analyst Captain Faibik warns investors to buy Ethereum now or risk missing potential gains.
- Current price action suggests a bullish breakout, with an estimated timeline for hitting $12,000 set for Q4 2025.
- Ethereum has likely bottomed at $2,648, presenting a buy-the-dip opportunity.
- A projected rebound could lead to a 353.7% increase from current levels.
- Another analyst, Kazi, forecasts Ethereum could reach $12,203, citing a symmetrical triangle breakout as a trigger.
In related news, Ethereum gas fees have significantly decreased to 0.794 gwei ($0.04) from 0.873 gwei ($0.05), raising speculation about an upcoming price rally. Analyst Merlijn the Trader highlighted this development and its potential implications for Ethereum's market movement.
