Ethereum is holding strong at over $3,300, hinting at a potential market shift. Crypto experts predict that Ethereum could hit a massive $14,000 by Q1 2025. These projections are based on trends during past Bitcoin Halving years, where significant price surges occurred in similar periods.
Historical data shows strong ETH gains in early months of prior halving years, and 2025 might see similar trends if ETH maintains its current levels. This could mean hitting $5,000 in January, $6,400 in February, and an impressive $14,336 in March.
Altcoins such as XRP, Solana, and Dogecoin might also rally, driven by this potential surge and market consolidation.
Analysts suggest $2,800-$2,900 as key support levels, with possible upward price trends supported by the Exponential Moving Average. Breaking above these support levels could pave the way for further gains, including surpassing the current all-time high of $4,878, opening doors for even more price discovery.
