empty
19.02.2025 10:41 AM
Will Ethereum Rally? Next Target – $3000

This image is no longer relevant

According to analysts, the recent price action of Ethereum (ETH) indicates a shift toward a positive trend. Experts anticipate a potential rally in the second-largest cryptocurrency, with $3000 remaining a key target.

Over the past month, Ethereum has declined by 15.5%. Currently, the asset is attempting to break above critical resistance levels. If successful, ETH could surpass $3000 and recover recent losses.

On the evening of February 18, Ethereum was trading at $2698, marking a 2.3% decline over the past 24 hours. The following morning, ETH opened higher, reaching $2674 but remaining below key resistance. At present, Ethereum is holding above the $2654 support level, with the next significant resistance at $2793. A break above this level would pave the way for a rally toward $3000 and beyond.

Bullish and Bearish Scenarios

In an optimistic scenario, Ethereum could turn $2793 into new support, allowing for further growth toward the next resistance level at $3303. Such a sharp increase would boost investor confidence and accelerate the altcoin rally, according to analysts.

However, if Ethereum fails to break through $2793, consolidation will likely continue. Under worsening market conditions, ETH could face a sharp decline, potentially dropping to $2546 or lower, putting the bullish outlook in jeopardy and delaying the uptrend indefinitely.

Currently, assets like Bitcoin are under downward pressure, yet Ethereum has managed to hold its ground. The second-largest cryptocurrency has shown slight positive momentum, briefly surpassing $2700. Given this price movement, many analysts believe Ethereum is gaining momentum for a potential breakout.

Key Support Levels and Institutional Interest

Crypto analyst Ali identifies $2425 as a critical support level, highlighting it as a key accumulation zone for 10.33 million wallets holding 62.43 million ETH.

Market intelligence firm Santiment has also observed a strong performance from Ethereum. Analysts note that ETH has outperformed many altcoins this week, attributing this to increased transfers from exchanges to cold wallets, which often signals long-term accumulation. The firm believes Ethereum's growth is largely driven by renewed interest from the crypto community.

This image is no longer relevant

Despite lagging behind other leading assets, Ethereum continues to attract investors' attention. As market conditions improve, analysts expect ETH to recover, potentially surpassing last week's low and climbing back to $3000 and beyond.

Long-Term Outlook: Could Ethereum Rebound by 72%?

Many crypto strategists remain optimistic about Ethereum's trajectory. Crypto analyst Javon Marks suggests that ETH is emerging from a prolonged consolidation phase, with the potential to recover by 72% or more, returning to its all-time highs. Such a move could trigger a broader bullish wave across the altcoin market, reinforcing Ethereum's position as the leading altcoin.

In February 2025, spot Ethereum ETFs attracted significant institutional investments, totaling 145,000 ETH worth over $387 million. Compared to January 2025, capital inflows increased sevenfold, signaling growing institutional interest in Ethereum. If this trend continues, ETH is likely to challenge key resistance levels, paving the way for new all-time highs in the near future.

Larisa Kolesnikova,
Experto analítico de InstaForex
© 2007-2025
Summary
Urgency
Analytic
l Kolesnikova
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El Bitcoin enfrenta predicciones de caída. Trampas para los traders en el BTC

Actualmente, el mercado de criptomonedas experimenta cierta volatilidad, aunque muchos analistas anticipan una intensificación de la tormenta. Advierten a los traders sobre posibles trampas de precios en la dinámica

Larisa Kolesnikova 13:03 2025-07-24 UTC+2

15 % en lugar de 30 %: Trump y la UE están cerca de un acuerdo sobre aranceles

La UE y Estados Unidos finalmente se acercan a la línea de meta en las negociaciones sobre los aranceles comerciales: se está discutiendo una tarifa de compromiso del 15 %

Аlena Ivannitskaya 07:59 2025-07-24 UTC+2

Nuevo récord en Wall Street: el S&P 500 y el Nasdaq se disparan gracias a Alphabet

Los índices bursátiles estadounidenses S&P 500 y Nasdaq cerraron el lunes en máximos históricos. La razón fue un aumento del interés de los inversores en las acciones de los líderes

11:58 2025-07-22 UTC+2

Los índices estadounidenses irrumpen en el verano: sexto récord del S&P 500 y auge de los chips

El S&P 500 estableció su sexto récord. El Nasdaq mostró seis de los mejores resultados. Las acciones de empresas de chips se dispararon. Las acciones de PepsiCo y United Airlines

11:20 2025-07-18 UTC+2

Turbulencia del bitcoin: de $123 000 a $115 000. El criptomercado se mantiene en silencio

La primera criptomoneda volvió a demostrar maravillas de volatilidad: en un par de días el Bitcoin experimentó un ascenso hasta los $123 000 y una caída hasta los $115

Larisa Kolesnikova 11:47 2025-07-16 UTC+2

El Bitcoin supera los $120 000, el Nasdaq alcanza nuevos máximos: el mercado ansía impulso

El martes abre una serie de datos económicos clave y la temporada de informes. El Nasdaq muestra su séptimo cierre récord desde el 27 de junio. Las acciones de criptomonedas

11:59 2025-07-15 UTC+2

Boom bursátil: Nvidia supera los $4 billones, el Bitcoin no se queda atrás, Dow y S&P suben

Los índices suben: el Dow Jones creció un 0,43 %, el S&P 500 un 0,27 %, y el Nasdaq un 0,09 %. Nvidia cerró la sesión. Pronóstico positivo de Delta

10:33 2025-07-11 UTC+2

Trump vuelve al ataque: arancel del 50% sobre el cobre y nuevos golpes a China y la UE

Trump anunció aranceles del 50% sobre la importación de cobre, nuevos aranceles sobre semiconductores y productos farmacéuticos. Declaró que las negociaciones con la UE y China son exitosas. Japón

10:28 2025-07-09 UTC+2

De $4 a $100 mil por moneda – ¿por qué están despertando las carteras BTC «antiguas»?

Siete carteras de Bitcoin «antiguas», creadas en abril y mayo de 2011, se activaron repentinamente. En conjunto, movieron 70 000 BTC – el equivalente a $7,6 mil millones al tipo

Svetlana Radchenko 07:25 2025-07-07 UTC+2

S&P, Nasdaq y Dow suben al unísono: los mercados reaccionan a las sorpresas en el empleo y la política comercial

S&P 500 subió un 0,83%; Nasdaq subió un 1,02%; Dow subió un 0,77%. El crecimiento del empleo en EE. UU. superó las expectativas en junio. Tripadvisor sube tras el informe

11:15 2025-07-04 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.