Ethereum January 2025 Outlook: Is $4000 Within Reach?
Tap the avatar to watch the live broadcast and chat!
Ethereum (ETH) is expected to continue its historical bullish trend in January 2025, pushing the price close to $4000 and potentially setting new highs. Recently, ETH successfully reclaimed the key support level of $35,000 and has shown signs of sustained recovery.
Market Performance and Target Price
ETH recently broke through the 20-day, 50-day, and 100-day moving averages, with the price stabilizing at $36,000, reinforcing the bullish trend. In the short term, the upward targets are $38,000 and $40,000. If the current momentum continues, capital inflow and market demand may further boost its rise. If the price corrects, the key support below is $33,000.
Historical Trends and Outlook
Historical data shows that Ethereum typically performs strongly in the first quarter, with average returns of 21% and 22% in January and March, respectively. If this pattern repeats, ETH is expected to achieve significant growth in January.
Summary
Current trends indicate that ETH has the potential to further challenge $38,000 and $40,000, while $33,000 will continue to provide key support. Positive performance in January may lay the foundation for long-term increases.
Tap the avatar to watch the live broadcast and chat!