Ethereum Price Prediction for 2025 Following Inclusion in Trump’s US Crypto Reserve
Ethereum's price prediction for 2025 has gained attention following its inclusion in Donald Trump's US Crypto Reserve. Analysts are divided on whether Ethereum will break out of its sideways trend or face further corrections.
Key Points on Ethereum's Price Prediction
- Major support zone on the weekly chart indicates bullish potential
- Respecting the $2K level and 200 EMA is a positive sign
- Current support zones are accumulation areas, also bullish
- Lower highs and lows on the daily chart suggest bearish trends
- Downward sloping moving averages indicate bearish sentiment
- Inclusion in Trump’s reserve adds bullish momentum
- Upcoming Pectra Upgrade expected to enhance functionality
Overall, despite some bearish signals, the long-term outlook for Ethereum remains positive, with a potential target of $6K if it breaks above $4K.
Technical Analysis Insights
Ethereum is currently at a significant support zone between $1.9K and $2.3K, which has historically served as a strong rebound point. The $2K level is crucial and has acted as a psychological barrier. The asset is also responding positively to the 200 EMA, indicating potential for upward movement.
Accumulation data shows over 1.82 million ETH purchased by long-term investors since August 2023. A breakout above the $4K ceiling could lead to new highs based on previous trading patterns.
Market Sentiment
Currently priced around $2,200, Ethereum is up 5.75% today, likely due to its recent inclusion in Trump's Crypto Strategic Reserve. Trump's firm, World Liberty Financial, holds over $200M in Ethereum, emphasizing strong institutional backing.
Additionally, Ethereum is one of the few cryptocurrencies with spot ETFs, enhancing investor interest. BlackRock’s choice of Ethereum for its tokenized fund further solidifies its market position.
Pectra Upgrade Details
The upcoming Pectra upgrade is set to launch in April after successful deployment on the Sepolia testnet. It aims to improve user experience with features like an increased staking limit and enhanced security measures.