Ethereum Faces 20.75% Price Crash by August 2025, Says CoinCodex
1min read Ethereum, the second-largest cryptocurrency by market capitalization, is facing a potential price crash according to a machine learning algorithm developed by CoinCodex. The algorithm predicts that Ethereum's price could plummet to $1,500 in the coming weeks, following four consecutive months of bearish closes. This prediction comes as technical indicators and sentiment data suggest an impending correction in the cryptocurrency market.
The algorithm's bearish projection is based on Ethereum's recent price performance, which has seen the cryptocurrency experience significant declines in the past few months. According to data from Cryptorank, Ethereum's price dipped by 1.27% in January, followed by sharper losses of 32.2% in February and 18.4% in March. The downtrend continued into April, with the cryptocurrency closing the month in red with another 1.58% decline. Despite brief intra-month rallies, Ethereum has consistently failed to sustain gains, closing each month with rising selling pressure.
CoinCodex's data further highlights that Ethereum has recorded 16 green days out of the last 30, signaling unstable market strength. Its price volatility, measured at 6.43%, also reflects a choppy market that lacks clear bullish conviction. Moving forward, CoinCodex not only predicts that Ethereum could break down to $1,526 but also expects a steeper price crash to $1,447.96 by August 1, 2025. This would represent a decline of approximately 20.75% from current market prices.
Ask Aime: "Could Ethereum's price plummet to $1,500 in the coming weeks, following four consecutive months of bearish closes?"
The machine learning algorithm has declared that broader market sentiment for ETH is currently bearish, implying that traders and investors still anticipate further corrections and limited upward momentum in the near term. Overall, this indicates a cautious outlook for Ethereum’s price prospects. Given its bearish forecast for the Ethereum price, CoinCodex suggests that now may not be the best time to buy Ethereum. Interestingly, while investor sentiment remains cautious, the Fear and Greed index is at 65, reflecting a state of “Greed” and suggesting that market optimism may be outpacing the underlying bearish fundamentals.
Building on this, crypto whales are still buying ETH in droves, capitalizing on low prices despite the possibility of a continued downtrend. Recent reports reveal that a single whale purchased 30,000 ETH tokens worth approximately $54 million. With price momentum fading and macro uncertainty still high, ETH bulls may need to wait for market stabilization and clearer reversal signals before re-entering the market. According to CoinMarketCap’s data, the Ethereum price is currently trading at $1,827, marking a yearly decline of over 38%.
