Cryptocurrency market flashes red again as volatile waters drain market. Bitcoin is now trading at $110K. The cryptocurrency market has seen a wave of longs liquidated. As well, Ethereum has also ranked tremendously, exploring new lows at the moment. Will ETH be able bounce back faster than later, as it was experiencing major highs earlier?
You may also like: Why Soaring Retail Investor Confidence Could Move Crypto Markets
Ethereum Price Drops: Future Projections
Volatility has hit the cryptocurrency market hard. A series of shorts are being liquidated on the market, impacting both major cryptocurrency prices. Bitcoin is now below $110k, and Ethereum’s price stands at $3955.
According to the Kobeissi Letter’s latest posting, Ethereum is now down 23% from its earlier ATH four weeks ago.
“BREAKING: Ether extends its decline to -8% on the day and its lowest level since August 7th. Ether is now down -23% from its all-time high seen just 4 weeks ago.”
Experts have expressed positive future price predictions for ETH. Javon Marks believes that Ethereum will have a rapid rise, eventually reaching a high of $8000.
“$ETH (Ethereum) maintains a hidden bullish divergence with the MACD just under the key target level of $4,811.71. This indication continues to point towards a recovery back above that level, which then brings into play $8,500 and higher.”
What is the tentative timeframe for when asset prices will recover?
According to CoinCodex ETH statsEthereum’s price may stabilize in mid-October, when ETH might reach a new high price of $4500.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 11.61% and reach $4,415.93 by October 26, 2025. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 44 (fear). Ethereum recorded 12/30 (40%) green days with 3.43% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”
In December 2025 the price could rise to $6500.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 68.10% and reach $6,651.06 by December 25, 2025. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 44 (fear). Ethereum recorded 12/30 (40%) green days with 3.43% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a bad time to buy Ethereum.”
You may also like: Ethereum Hanging By a Thread at $4k, Lowest Level Since August
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
