Veteran trader Peter Brandt has made a bold prediction for Ethereum. He believes that the price of Ethereum could drop to $800. Brandt shared a chart showing a descending triangle pattern, which is a bearish pattern that often indicates a larger price drop.
Currently, the key support level for Ethereum is around $1,500. If the price falls below this level, Brandt believes it could crash all the way down to around $800, similar to its lowest point in 2022. Brandt’s prediction comes at a time when Ethereum is struggling with resistance and facing market uncertainty.
Ether has had a difficult year, with its price dropping over 46% in the past 12 months. This week, it dipped 4% after the Federal Reserve announced that it would keep interest rates unchanged, following a drop in Bitcoin’s price. When Brandt made his prediction, Ether was trading at $1,587. It is currently trading at $1,596, a slight increase of over 0.8% in the past day. Brandt has previously criticized Ethereum, calling it “worthless junk.”
In other news, XRP has surpassed Ethereum in terms of fully diluted market cap (FDV). As of April 2025, XRP’s FDV stands at approximately $208.4 billion, while Ethereum’s FDV is around $192.5 billion. However, it’s important to note that Ethereum still maintains a higher actual market cap based on its circulating supply.
Despite facing challenges from competing blockchains and changes in its tokenomics after recent upgrades, Ethereum remains a dominant force in the crypto ecosystem and continues to lead in actual market cap. Standard Chartered forecasts that XRP could reach $12.50 by 2028, potentially surpassing Ethereum’s market capitalization. This projection is based on anticipated regulatory clarity, institutional adoption, and the expected approval of an XRP ETF.
Analyst Ali Martinez has highlighted that Ethereum is currently stuck between two key price levels: $1,540 and $1,630. A breakout in either direction will determine whether Ethereum moves higher or lower in price. Martinez also noted that historically, the best time to buy Ethereum has been when its price drops below a certain level called the lower MVRV Price Band. Currently, Ethereum is at that position, making it a potentially good time to buy.
Lastly, here are some frequently asked questions about Ethereum’s price predictions:
– What will the price of Ethereum be in 2025? According to our prediction, the price of Ethereum could reach a maximum of $5,925.
– How much would the price of Ethereum be in 2040? Based on our latest analysis, Ethereum could reach a maximum price of $123,678.
– How much will the ETH coin price be in 2050? By 2050, a single Ethereum price could go as high as $255,282.
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