AI’s Bold Ethereum Call: Where ETH Could Land by Mid-May 2025
Machine learning models crunch the numbers—throwing gasoline on the crypto hype fire. Here’s where algorithms think ETH’s price is headed.
Prediction or pure speculation? Even Wall Street’s crystal balls look clear compared to crypto’s volatility. Buckle up.
How High Is Ethereum Faring Today?
The price of Ethereum saw a modest rise today. The world’s largest altcoin rose by 1.54% throughout the past 24 hours. Just earlier today, ETH was trading at a low of $1,766.65 before jumping to $1,849.66. At the time of writing, the asset was priced at $1,803.64.
While most assets pocketed notable gains during the past year, ETH witnessed a drop during this period. Ethereum dipped by 41% over the past 12 months. But things could be looking up for the altcoin sooner rather than later. According to an analyst on CryptoQuant, the fact that Ethereum spot volume is decreasing might be a positive indication. The analyst explained that seeing volume drop in such a context should assist lower volatility, given Ethereum has recently been undergoing a correction. As a result, this may help alleviate the selling pressure that has been exerted on the market.
Mid-May Prediction
Ethereum could be witnessing a rise as early as next week. According to data from CoinCodex, the leading altcoin will record a 21% rise during the next few days. On May 15, ETH will surge to a high of $2,081 following a 15.20% uptick. It should be noted that the asset will trade at $2,203 on May 13. This marks a notable increase from its current price level.