As Ethereum (ETH) prices continue to push above the $3,300 mark, market analysts are starting to predict a potential recovery that could change the altcoin landscape.

Currently trading at $3,321, ETH’s resilience is notable, especially amid a broader market correction led by Bitcoin (BTC). It’s recent deterioration tested ETH’s critical support level at $3,290, successfully preventing a decline towards the psychologically significant $3,000 barrier.

Can Ethereum hit $14,000 by March 2025?

Cryptocurrency expert Crypto Rover made headlines with his bold prediction that ETH is poised to “explode” in the first quarter (Q1) of 2025. His confidence is confirmed by historical trends observed in the previous years of the Bitcoin Halving, especially in 2017 and 2021, Where ETH recorded significant double-digit growth between January and March.

In 2017, Ethereum recorded impressive monthly gains of 31.9% in January, 48% in February, and a staggering 214% in March. Similarly, in 2021, ETH saw significant growth – 78.5% in January, 8.4% in February and 34.7% in March.

According to the expert analysisthese historical trends indicate that if Ethereum maintains its current price levels for the rest of the year, it could follow a comparable path in 2025.

Based on this historical data and average price increases from 2017 to 2021, it is possible that ETH could reach around $5,000 in January, around $6,400 in February, and could raise to $14,336 per token by March.

Such gains would not only represent a recovery, but also potentially triple Ethereum’s all-time high of $4,878 reached in November 2021.

Apart from Ethereum, other altcoins such as XRP, Solana (SOL), Binance Coin (BNB), and even meme coins such as Dogecoin (DOGE) are expected to benefit. market correction and consolidation.

Crypto Rover has it too warned altcoin holders, stating: “Now is the worst time to sell. Our portfolios still have the potential to grow 10x from here. The next three months are going to be amazing.”

Key support levels for the ETH price

In addition to these bullish predictions, analyst Gabriel Maur covered Ethereum’s current price action, highlighting key support levels between $2,800 and $2,900.

The analyst notes that the support structure has turned into resistance, which, once broken, becomes a key support level. An upward trend indicated by the period of 55 Exponential moving average (EMA) further supports bullish sentiment.

As long as ETH remains above this critical support area during weekly closes, the likelihood of the uptrend continuing will remain in favor of buyers.

Maura identifies near targets at $4,093 and $4,868 (previous all-time high), suggesting that if ETH closes above its all-time high, it could enter a price discovery phase, and Fibonacci extensions indicate further upside potential.

Featured image from DALL-E, chart from TradingView.com