ETHEREUM PRICE FORECAST FOR 2025: CAN PECTRA UPGRADE DRIVE ETH TO NEW HEIGHTS?

Tina Collins

31 Dec 2024 — 1 min read

ETHEREUM PRICE FORECAST FOR 2025: CAN PECTRA UPGRADE DRIVE ETH TO NEW HEIGHTS?

Ethereum gained about 48% in 2024, but underperformed compared to other major cryptocurrencies due to declining revenue and inflation concerns.

The Pectra upgrade and Unichain's launch are expected to influence ETH's price trend in 2025.

Ethereum could reach a new all-time high near $7,000 if it breaks above a three-year symmetrical triangle pattern.

Ethereum's price rose to $3,390 by December, with notable fluctuations including a high of $4,093 in Q1 and a downtrend through Q2 and Q3.

ETH faced a downtrend in Q3, breaching key support levels, in line with slow growth patterns in the crypto market.

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