In the last 24 hours, cryptocurrencies faced a liquidation of $172 million while BTC prices remain stagnant at $104,000. Open positions decreased by 1% compared to yesterday, with short-selling dominating the scene. Investors awaiting a price correction are motivated by Trump’s lack of emphasis on cryptocurrency. So, what will ETH price be this year? What are the predictions for BNB Coin?
Ethereum (ETH) in 2025
The situation for Ether is becoming challenging. While the Ethereum $2,704 Foundation leads development efforts, the founder of LDO has initiated a new structure. If this discussion triggers a fork in the network, we might witness an interesting period with two networks, which would weaken Ethereum’s position. Speculations about Vitalik Buterin’s next steps remain.
The year 2024 has not favored Ether, failing to close above $4,100. Currently, the price has dipped below $3,300, forming an unsettling chart pattern. Nonetheless, based on Washigorira’s expectations, $7,400 remains a target.
“ETH is moving within an upward channel, where an inverse Head and Shoulders pattern could appear soon. $7,400 may be this year’s target.”
MisterCrypto emphasizes that ETH must reclaim and maintain the 100-day moving average to confirm its upward trend.
In this scenario, the $4,000 level could be breached again.
Altcoin Surge and BNB Coin
Mister Crypto offers hope to altcoin investors whose patience is wearing thin. The following cyclical chart indicates that a prolonged boring period may have already ended. Although it may take months, we could be on the brink of significant surges. The cyclical calendar suggests that this may have already begun.
BNB Coin has been experiencing fluctuations for 319 days. Its ability to maintain support at $473 for a long time is quite positive. Additionally, there is strong support at $672 following the elections. With price closures above this level, new all-time highs may continue to be tested.
The $735 mark serves as a significant resistance point. As volumes increase and Binance grows, BNB Coin could become more profitable. The initial major target in an upward trend is the last all-time high, with the possibility of seeing four-digit prices before the year concludes.