Standard Chartered Revises ETH Target Amid Mixed Signals for Top Cryptos
Mar 17, 2025, 4:00 p.m.
12 sources
Standard Chartered has dramatically lowered its 2025 price target for ETH from $10,000 to $4,000, citing increased competition from layer-2 solutions such as Coinbase's Base. The bearish outlook on ETH contrasts with other market signals, as BTC receives bullish long-term price targets and support from influential investors like Michael Saylor, despite recent market outflows hitting BTC, ETH, and SOL. Meanwhile, ADA appears poised to gain momentum relative to DOGE, and XRP shows technical promise with indications from Bollinger Bands that it could achieve a new all‐time high. The news highlights a period of short-term volatility but also points to potential long-term upward trajectories for certain coins, emphasizing the importance of institutional credibility, technical indicators, and evolving regulatory measures in shaping market performance.
In the short term, ETH may see immediate pressure due to the dramatic cut in its price target and rising competition from layer-2 solutions. Long-term prospects hinge on potential regulatory changes; however, the low likelihood of favorable measures could prolong its bearish trend.
BTC is expected to benefit in the long term from optimistic price targets and influential investor moves like Michael Saylor's acquisition strategy. Short-term volatility may occur due to market outflows and the relative underperformance of altcoins such as ETH.
SOL faces short-term pressure from ongoing market outflows and investor uncertainty. Without strong institutional endorsements, its recovery is largely dependent on broader market trends and a reversal in current outflow patterns.
ADA appears relatively strong, bolstered by momentum that positions it to potentially overtake DOGE. Its market performance might continue if community support and innovation foster further adoption, although it remains vulnerable to overall market volatility.
DOGE could experience further declines if ADA continues to gain market share. While it benefits from an established community, its long-term outlook depends on maintaining that support in the face of shifting market preferences.
XRP may see a technical rally in the near term given positive signals from Bollinger Bands suggesting a breakout. However, long-term performance remains uncertain as broader market trends and regulatory factors will likely play a significant role in its trajectory.
Sources
Ether in Structural Decline, Year-End Price Target Slashed to $4K: Standard Chartered
CoinDesk
17.03.2025 13:18
Standard Chartered slashes ETH price target by 60%, predicts $4k by year-end
crypto.news
17.03.2025 15:05
Ethereum Price Will Continue 'Structural Decline' in 2025: Standard Chartered
Decrypt
17.03.2025 15:53
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