Ethereum Price Forecast Indicates Potential Surge to $4,500 by 2025
Ethereum's price is poised for a significant move that may reshape its market trajectory by the end of 2025. Recent bearish trends have seen Ethereum lose key support levels, with the latest low at $1,415 on April 9. Current analysis indicates the cryptocurrency is near a support level around $1,629, which could trigger an upward bounce towards $4,000.
Key Observations
- Ethereum has faced multiple structural breakdowns since December 2024.
- The price fell below critical support levels, including $2,000 and $1,700.
- A high-demand zone has been identified, correlating with past bullish reversals.
Price Targets to Watch
- First target: $2,507, linked to a previous bearish order block.
- Second target: $3,708, aligned with a fair value gap from January.
- Ultimate target: above $4,500.
Currently, Ethereum is trading at $1,795, reflecting a 10.7% increase in the past 24 hours, benefiting from Bitcoin’s recent performance.
