Ethereum Price to Skyrocket in 2025, If This Bullish Scenario Plays Out: Crypto Trader

News
Fri, 12/27/2019 - 11:45
Yuri Molchan
Ethereum remains in the $125 area, unable to surge any higher yet, still a crypto trader explains how ETH could hit an astronomic price of $45,000 in 2025
Cover image via 123rf.com
Contents

Comparing the return on investments (ROI) between Bitcoin and Ethereum during the first cycle of both, a crypto trader finds that the second circle could take the ETH price to the moon in 2025.

‘Between $10,000 and $45,000 per ETH in 2025’

In his recent tweet, analyst ‘CryptoWolf’ writes that the price of the second biggest cryptocurrency may hit a breathtaking level in 2025 – between $10,000 and $45,000 (something that is even Bitcoin is far away from so far).

To let it happen, the return on investments for ETH must show a 500% offset.

Image via Twitter

Previously, another crypto trader predicted a similar price surge for Ethereum in the next bull run - $10,000. He did not specify any more or less specific time periods when it may happen, though.

‘24 months of pain for $XRP & $ETH’

Another crypto analyst and trader, ‘Filbfilb’, points out that unlike ETH and XRP, Bitcoin has shown an over-100-percent growth throughout 2019.

Users in the comment thread are expressing hopes that ETH will regain its previous highs soon.

Image via TradingView

Related
Bitcoin Price to Reach $9,000 Before 2020 Ends, Crypto Analysis Says

‘Huge opportunity or huge oof?’

Usually, the community considers price dumps optimistically as opportunities to buy the dip and reap profits later on, after 'hodling'. Bitcoin fans keep talking about it, when the price dumps. Ripple retail investors tweet about it all the time when XRP sees another decrease after a release from Ripple's escrow.

However, now, it seems, some start feeling tired of seeing their favourite ETH in the lows and are now doubtful whether this is a good buying opportunity or a disaster.

Image via Twitter

$25 mln worth of Ether hits major exchanges

Earlier, U.Today reported that a whopping $25 mln in Ethereum had been sent to three major exchanges – Kraken, Huobi and Binance.

The data came from ViewBase and they also assumed that the coins were sent possibly by Vitalik Buterion himself. However, later on the Ethereum founder denied that, saying that the address was mistaken with his.

Still, seeing this massive ETH transaction, the community now expects an ETH price dump.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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