For Ethereum (ETH) price to hit $5,000, it would need to rally approximately 46% from No data found for ethereum on 18 minutes ago, where ETH currently trades. Considering that ETH shot up 71% in just 30 days starting on November 5, there is a high chance Ethereum price will hit $5,000 in the first three months of 2025. Ethereum is up No data found for ethereum on 18 minutes ago% in the past 24 hours and will likely continue this bullish outlook. Can Ethereum Hit $5,000 in First Three Months of 2025? As mentioned above, Ethereum price can hit $5,000 in the first three months of 2025. ETH’s historical returns show that the first quarter has yielded an average return of 82.72% in the past eight years. Therefore, if history were to repeat, then 82.72% from the current price of No data found for ethereum on 18 minutes ago, Ethereum would be trading at roughly $6,276. Ethereum Quarterly Returns Let’s explore what technical analysis has to say about Ethereum price in the short term. ETH Technical Analysis From a price action perspective, Ethereum is stuck between the $3,600 and $3,000 barriers. Only a swift breakout relative to these levels will confirm the trend. To make matters worse, ETH’s value has been stuck inside a symmetrical triangle for the past two weeks. The recent uptick in Bitcoin’s price has revived optimism after weeks of consolidation. Many top altcoins have bounced up double digits. As a result, investors are bullish and expect Ethereum to follow suit. ETH/USDT 12-hour chart Ethereum Price Targets Although the symmetrical triangle breakout direction is uncertain, let’s assume a bullish one, considering the recent recovery. A decisive daily candlestick close above the triangle’s upper limit forecasts a 12% move to $3,800. This target is the result of adding the symmetrical triangle’s 12% height to the breakout point of $3,445. Concluding Thoughts With a fresh start to 2025, the outlook shows promise, especially for Ethereum and altcoins. With historical returns averaging 82.72% in the first quarter of the past eight years, it is highly likely that Ethereum will unpause the consolidation and kickstart an uptrend. ETH is already up 3% on the day, and technical analysis indicate a bullish future. All of these signs suggests that Ethereum price will easily tackle the $4,000 hurdle and reach $5,000, a key psychological level, in the first three months of 2025. The post Will Ethereum Price Reach $5,000 In First 3 Months of 2025? appeared first on CoinGape .
