The cryptocurrency trader, known under the pseudonym Merlijn The Trader, answered the question of many people about how the Ethereum course in 2025 will rise high.
On August 8, for the first time since December 2024, the price of ETH exceeded $ 4,000 and continued to increase until it reached a peak at $ 4.332, but on August 10, correction began. Nevertheless, Merlijn the Trader is sure that the bull rally will resume.
The trader published a schedule for changes in the value of the Ethereum, which depicts the ascending channel. For seven years, the coin course twice touched its upper border, after which a bear trend started. In connection with the recent pamp, the price of ETH overcame the reducing triangle indicated by white lines, so the cryptocurrency merchant believes that the cost of altcoin will again rush to the upper line of the canal.
If the ETH course reaches this border in 2025, then its value will be about $ 20,000. At the moment, the coin costs $ 4.239, that is, the peak of the cycle will be 372% higher than the current indicator. In this regard, you can earn an impressive profit if you buy digital assets now and sell them at a rate of $ 20,000.
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Source: Cryptocurrency
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