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Historical performance predicts the price of Ethereum
Cryptorank statistics indicate that Ethereum may rise weekly in the first quarter of 2025. Based on historical patterns, Ethereum achieved positive monthly closes in the first quarter of the upward movements in 2017 and 2021, following Bitcoin's halving. Since 2017 and 2021 witnessed the halving event, 2025 should follow suit.
The price of Ethereum rose by 34%, 47%, and 215% in January, February, and March 2017. Ethereum achieved gains of 78%, 7%, and 35% in the first three months of 2021. Therefore, Ethereum may replicate such significant gains in the first quarter of next year.
A digital currency analyst warned players in the market not to rush to sell their Ethereum assets based on this historical trend. The expert predicted that Ethereum would lead the season of alternative currencies if it repeated the results of the first quarters of 2017 and 2021.
This historical trend bodes well for Ethereum, which lagged behind other major cryptocurrencies this year. Ethereum has gained 47% so far. The second largest digital currency has struggled to maintain its value above $4,000 and is far from its historical high of $4,800.
Ethereum reached its all-time high in 2021. If Ethereum repeats its performance in 2021 in 2025, it may easily achieve a new all-time high.
Time for Ethereum
Ted expects Ethereum to rise, saying its time is coming. Other evidence suggests that Ethereum will have a significant first quarter in 2025, as the expert said. He pointed out that Ethereum and Bitcoin dominate inversely during periods of rise. Ted is optimistic that Ethereum will rise when Bitcoin dominance decreases.
Ted confidently stated that Ethereum will surpass $10,000 by 2025. Crypto trader Tardigrade, an expert in digital currencies, also predicted Ethereum's success. He referred to the crypto triangle contraction as a local bottom. His chart indicated that Ethereum could reach $4,000.
Ethereum is now trading at $3,380, down from the previous 24 hours, according to CoinMarketCap.
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#Crypto Market Year-End Predictions