Ethereum's price momentum has improved in recent weeks. Analysts like Tom Lee, who is Fundstrat’s co-founder and the chairman of Bitmine, predict that the cryptocurrency could reach $15,000 by the end of 2025.
The token recently surpassed $4,000, which has attracted traders moving from Bitcoin to altcoins. Market watchers have noticed that Ethereum’s price chart often shows familiar patterns that tend to show up right before the start of major rallies.
According to crypto strategist Tracer, the Ethereum daily chart shows that the price spent approximately 60 days in two consolidation periods. The buyers were able to defend the price during volatility to maintain higher levels.
This constant demand formed a strong base, as the market settled before the ETH price movement upwards. Analysts believe that Ethereum has the strength behind the uptrend as it is capable of overcoming resistance at these points.
The technical indicators suggest that Ethereum's current consolidation may be the foundation for its next price increase. According to analysts, the similarity of the past movements and current ranges increases the probability of another rally.
Ethereum recently failed to sustain momentum above $4,500, declining below key support levels like $4,420 and $4,200, with temporary support around $4,000.
A possible downside may test between $3,900 and $4,100, with strong support at $4,000. On the upside, immediate resistance is at $4,220, with additional barriers placed at $4,300 and $4,500. Depending on the market situation, a breakout could send Ethereum to $6,000 or even Lee's prediction of $15,000.
Moreover, Ethereum has been holding above the key support at around $4,000. This stability is an indicator of resilience that is important to market analysis. The current demand at this point supports the predictions that Ethereum may reach a new all-time high. Meanwhile, the momentum indicators show that buyers are still bullish, and investors are continuing to accumulate ETH, hoping that the price will rise again.
Institutional interest in Ethereum has steadily increased in the past months. Companies like Bitmine and SharpLink have added over $10 billion worth of ETH to their portfolios. Analysts see this as proof of strong long-term confidence among professional investors. For these firms, Ethereum is becoming more than just a speculative trade; it is turning into a strategic asset.
Ethereum has also gained attention from political figures. Reports suggest that former US President Donald Trump owns roughly $500 million in ETH. While this amount is notable, the broader impact comes from the visibility it gives to Ethereum. Having a well-known figure associated with the asset could encourage further adoption among retail and institutional investors.
With technical indicators moving upward, institutional investors raising their exposure, and political visibility improving its profile, Ethereum seems ready for growth. Analysts think the $15,000 price target could be possible if current trends hold through 2025. As momentum builds, Ethereum stays a key focus in the digital asset market.
Also Read: Ethereum News Today: Ethereum Plunges 6.4% to $4,173 as $452M Liquidations Test $4,000 Support