Ethereum Price Prediction: Will ETH Surge Above $3,000 by May 2025?

Monicah W

The post Ethereum Price Prediction: Will ETH Surge Above $3,000 by May 2025? appeared first on Coinpedia Fintech News

The biggest altcoin in the crypto market, Ethereum (ETH), has historically performed well in April and May, gaining around 20% to 30% in a month. This year, ETH is already showing positive signs, rising by 3% on the first day of April. Meanwhile, prominent crypto analysts say if this trend continues, Ethereum could surge above $3,000 by May.

Worst Q1 For ETH Since Existence

Despite Ethereum’s promising outlook for the coming months, the first quarter of 2025 has been one of its most challenging yet. ETH ended Q1 in the red, making it the worst-performing first quarter in its history. 

January saw a modest decline of 1.28%, but February was especially rough, with a staggering drop of 31.95%. March didn’t offer much relief either, as Ethereum lost another 18.69% in value, marking the first time all three months in Q1 ended in losses for ETH.

However, historical trends suggest that Ethereum tends to recover strongly after difficult quarters. With April now underway, many traders are hopeful that ETH will stick to its seasonal trend of double-digit percentage gains.

Bullish Month For ETH: April & May

Looking at Ethereum’s price performance over the years, April has consistently delivered an average return of 20%, making it the second-best month for ETH. Meanwhile, May stands out even more, with an average return of over 30%. 

Meanwhile, these trends suggest that Ethereum could be heading for a strong rally in the coming weeks.

Crypto analyst Ash Crypto has pointed out that ETH’s historical patterns indicate the potential for a breakout. If past trends hold, Ethereum could cross the $3,000 mark by May, offering a significant opportunity for investors to buy the current dip.

Ethereum Price Movement 

As of now, Ethereum is trading at $1,874, showing a 3.5% increase in the past day. While the price is still far from its recent high of $2,104, ETH appears to be gaining momentum. The altcoin’s market cap is around $225 billion, with a 24-hour trading volume of $15.23 billion, indicating strong interest from traders and investors.

With Ethereum entering a historically bullish period, the coming weeks could be crucial in determining whether it will reclaim the $3,000 mark.

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Why Is the Crypto Market Up Today? Will Bitcoin Price Crash Again?

Why Is the Crypto Market Up? Will Bitcoin Price Crash Again

The crypto market is still facing capitulation as most digital currencies are reversing the selloffs registered in the past week. The price of Bitcoin (BTC) remains in the spotlight as the combined crypto market capitalization jumped 2.44% to $2.76 trillion. With sellers quietly exiting the market, whether the underlying factors can sustain the current outlook remains unknown.

Crypto Market Rebound, Here’s The Trigger

Uncertainty has defined the trajectory of the most assets thus far this month as top coins dropped to their lowest levels this year. While Bitcoin’s price has shown strength, it fell to a low of $76,624.24 before reclaiming the $80,000 mark according to CoinMarketCap data.

Altcoins like Ethereum (ETH) and Solana (SOL) also dropped to new multi-week lows earlier in the month. While Ethereum fell to a monthly low of $1,760.94, Solana bears dragged the coin down to a $113 low. As it stands, BTC and altcoins have bounced off key support, which was formed at their respective monthly lows.

Since the Digital Asset Summit earlier in the week, the crypto market has not witnessed any bearish negative news. Rather, investors are digesting the Trump promise of stablecoin legislation from Congress and a BTC reserve confirmation.

On the macroeconomic level, mainstream media updates regarding the tariff war have toned down, giving the stock market room to recover.

More Selloff Ahead for Bitcoin Price?

At the time of writing, the BTC price had changed hands for $84,295.18, up 2.4% in 24 hours. The coin has pared off the losses incurred in the past week. However, the BTC price still maintains its 30-day loss of 14.27%.

At the moment, shorter-term headwinds in the market are cleared, with ETF investors returning to the scene. Per an earlier CoinGape report, spot Bitcoin ETFs scored an inflow of $785 million after a tumultuous 7-day trend.

Unlike a typical weekend in the industry known for its volatility, BTC prices show stability. Should the positive regulatory shift continue, Bitcoin might turn the $84,000 level into sustainable support.

Where is the Crypto Market Heading?

The current bullish outlook also extends to other altcoins. Per an earlier Solana price analysis, the prospect of a $1000 breakout was explored as the coin formed a parabolic base.

XRP is also in the spotlight following the Ripple and SEC lawsuit resolution, which has carved a positive growth path for it. While most analysts have different price projections for top coins, including Cardano and Dogecoin, the visible outlook shows a tempered selloff for now.

The post Why Is the Crypto Market Up Today? Will Bitcoin Price Crash Again? appeared first on CoinGape.

Cardano Sinks 22% in a Week, But Long-Term Holders Remain Unfazed

Cardano’s price has seen a steep 22% decline over the past week, mirroring the broader market downturn. As of this writing, the eighth-largest cryptocurrency by market capitalization retails at $0.73.

However, its long-term holders (LTHs) remain unfazed. On-chain data shows that they are holding onto their assets rather than selling.

Cardano’s Long-Term Holders Double Down 

There has been a steady trend of HODLing among ADA’s LTHs, as reflected by its rising Mean Coin Age. According to Santiment, this metric’s value is up 1% since March 3. 

ADA Mean Coin Age
ADA Mean Coin Age. Source: Santiment

An asset’s Mean Coin Age tracks the average age of all its coins in circulation to provide insights into market trends and hodling patterns among investors. 

When it rises, it suggests that investors are holding onto their coins, signaling accumulation and confidence in the asset’s long-term value. This reflects strong hands and hints at a potential bullish outlook for ADA, especially in light of recent broader market headwinds.  

Moreover, ADA whales have increased their accumulation during the period under review, highlighting the surge in positive sentiment toward the altcoin. On-chain data from Santiment shows that large investors holding between 100,000 and 1,000,000 coins have collectively acquired 20 million ADA over the past week. 

ADA Supply Distribution
ADA Supply Distribution. Source: Santiment

When large investor holdings increase like this, it signals strong confidence among key holders. It reduces an asset’s available supply, creating upward price pressure. 

ADA Eyes $0.94 as Buyers Dominate 

On the daily chart, ADA’s Balance of Power (BoP) is positive at 0.30. This indicator compares the strength of buyers and sellers in the market.

When its value is positive, buyers dominate the market, exerting stronger pressure than sellers. The bullish signal suggests upward momentum, which, if sustained, will lead to further ADA price appreciation.

In this instance, the coin’s price could rally toward $0.94. If this resistance is flipped into a support floor, ADA’s price could jump to $1.16.

ADA Price Analysis
ADA Price Analysis. Source: TradingView

However, if sellers regain dominance, the coin’s price could fall to $0.60.

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