Ethereum is growing fast as more people use it for apps and smart contracts. Improvements to make it faster and safer are attracting many developers and businesses. With popular uses like DeFi and NFTs, Ethereum’s future looks very strong and exciting.
Ethereum (ETH) is currently trading at $2,521.18, down 1.72% in 24 hours. Trading volume also dropped sharply by 13.66%, now sitting at $21.99 billion. In the past week, ETH lost 8.66%, holding tight to its support zone. These numbers reflect a shaky sentiment across crypto markets.
Despite the dip, analysts spot something brewing on the charts. A potential triple bottom is forming, centered around the $2,485 mark. This classic bullish reversal signals that sellers might be losing steam. Every drop to that level sparked a quick rebound.
Volume decreases on dips show bullish strength
Crypto analyst Ahmad Mustafa says the entry point is right now. His play: enter at current levels, stop-loss below $2,485, and a target of $3,000. That would mean a solid 19% upside if the pattern holds. The risk? A close below $2,485 ends the trade.
Looking at the chart, the triple bottom spans late May to mid-June 2025. Three dips near $2,485 stand tall as buyers push back each time. The volume seems to decrease with each drop, a good sign for bulls. A breakout could see volume surge.
Ethereum price prediction for 2025
DigitalCoinPrice expects ETH to soar past $5,000 before 2025 ends. In fact, their first-week January data showed ETH hitting $3,715. But that came before a sharp correction. Still, they believe ETH could hit $5,494.68, a new all-time high.
Changelly, however, paints a cooler picture. Their 2025 outlook caps ETH’s max around $2,672. June forecasts place it between $2,566 and $3,008. With a possible -23% return, their tone is cautious. The divide between predictions adds to the market tension.
