Is Ethereum Coming Back Thanks To Donald Trump? ‘$5,000 By March,’ Trader Vows
Posted On January 24, 2025
Ethereum (CRYPTO: ETH) is rallying amid a combination of improved scalability developments, accumulation by wallets connected to the Trump family and growing optimism among traders.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Ethereum (CRYPTO: ETH) | $3,390.73 | $408.6 billion | +3.6% | -1.5% |
| Bitcoin (CRYPTO: BTC) | $106,031.95 | $2.1 trillion | +0.3% | +1.2% |
| XRP (CRYPTO: XRP) | $3.16 | $181.9 billion | +0.09% | -2.8% |
Trader Notes: Trader Cold Blooded Shiller predicts Ethereum will hit $5,000 by March, noting the altcoin is breaking into new territory after months of consolidation.
Jelle highlighted a nearly four-year bullish pennant formation on Ethereum’s chart, suggesting a breakout is imminent.
He noted that with Trump-related wallets reportedly buying ETH heavily, it could signal insider confidence in Ethereum’s long-term potential.
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