Ethereum Price Prediction: ETH Finally Breaks Out, Here’s How High It Can Go In 2025

The second-largest cryptocurrency is finally showing strength, reigniting hopes of a full-blown altseason. 

The Ethereum price has breached its multi-month downtrend that started in December of last year, now trading at $1970 at press time. 

With significant whale buying, the deflationary impact of the recent Pectra upgrade and the soaring global liquidity, ETH appears poised to flip key resistance levels into support and eventually push towards new highs. 

However, Ethereum price predictions from prominent analysts reveal that sidelined investors should wait for just one more breakout above a key resistance level before buying. 

ETH’s bullish strength has provided the ideal backdrop for its beta coins to rally as well, with Ethena, ENS, Pepe and MIND of Pepe in high demand. 

Ethereum Price Prediction — How High Can It Go This Year?

Following a long-tailed hammer candle in April and a monthly close above the $1770 support level, the Ethereum price is showing significant bullish strength in May, trading at $1970 at press time.

After having breached its multi-month descending trendline, ETH appears poised for a bullish reversal to its macro range top near the $4100 mark, a possible price target for 2025. 

It has now reclaimed its 50-day Exponential Moving Average for the first time in four months, which typically indicates a strong bullish continuation is imminent. 

Ethereum’s weekly Relative Strength Index has also started to climb up after tagging the “oversold” level in April, which has historically marked its bottom. 

The bulls are now hoping for a weekly close above the $1990 – $2000 resistance zone, which would also trigger a rally to the next resistance zone at $2100 – $2140. 

Ethereum price predictions from prominent analysts suggest that sidelined investors should wait for this retest, as it would invalidate several bearish scenarios.

This bullish thesis is supported by the recent whale buying activity and a developing supply shock. Analyst Kyle Doops reveals that 85,000 ETH exited Binance just before the Ethereum price reclaimed the $1900 level, which typically indicates significant buying pressure from large wallets. 

The broader macroeconomic outlook is also conducive for the Ethereum rally. The US Dollar is in a downtrend, the Global M2 money supply is soaring, and the Federal Reserve is expected to start its Quantitative Easing this year, which provides the ideal backdrop for the highly anticipated altseason. 

Ethereum, as well as its beta coins like ENS, Ethena and Pepe, are suddenly among the best cryptos to buy now. 

Best Cryptos To Buy In The Ethereum Ecosystem

Smart money investors do not go all in on Ethereum. Instead, they bet on beta coins for outsized returns in the coming bull market. 

These beta coins typically have relatively smaller market capitalization and show a high degree of correlation with ETH. 

Ethereum Name Service (ENS) is an excellent example, considering it moves parallel to ETH with higher volatility. 

The ENS price is up by 13% today, owing to Ethereum’s bullish strength. 

The top Ethereum meme coin, Pepe (PEPE), is another excellent beta bet on ETH. The Pepe price is up by 15% and has finally breached the $0.000009 resistance level. Experts believe that it is headed to the $10 billion market capitalization during this bull run. 

In the high-demand AI agent space, Virtuals Protocol and MIND of Pepe (MIND) have emerged as attractive investments. 

MIND is a low-cap crypto, which makes it an excellent investment for investors looking for higher returns. It is not without any reason that whales continue to pour six-figure investments into it, pushing its presale fundraising past $8.8 million in short order. 

With its upcoming AI agent launch on May 10th and token launch on May 31st, MIND is currently one of the best cryptos to buy in the Ethereum ecosystem, with many eyeing up to 100x returns. 

Visit MIND of Pepe Presale