$ETH price will face correction before rising to $20,000 in 2025, analysts say

Analyst: #Ether will reach a cycle top of USD 20,000 in 2025

While a short-term correction may occur before the end of the year, Ether is primed for further long-term momentum in 2025.

Based on emerging technical chart patterns, Ether price could reach a cycle top of over $20,000 over the next year, according to popular cryptocurrency analyst Wolf.

“Take this with a grain of salt, but the ETH chart is also shaping up to be a 3-year triangle consolidation in compression since November 2021,” Wolf wrote in a Nov. 22 X post to his 106,000 followers. "A measured move since the breakout of this massive triangle points to $20,000," he said.