Veteran trader Peter Brandt has surprised the community with his bold prediction for Ethereum. He predicts that Ethereum could fall back to $800 and shared a chart showing a descending triangle pattern, which is a bearish pattern that often signals about a bigger price drop ahead.
Currently, the key support level is around $1,500. If ETH falls below this level, Brandt believes it could crash all the way down to around $800, similar to its 2022 low. Brandt’s prediction comes as ETH continues to struggle with resistance and market uncertainty.
Ethereum is Having A Rough Time
Ether has had a rough year, dropping over 46% over the past 12 months. This week, it dipped 4% after the Fed announced that it would keep the interest rates unchanged, following Bitcoin’s drop. When brandt posted his prediction, Ether was trading at $1,587. It is currently trading at $1,596, up over 0.8% in the past day. Previously, Peter Brandt slammed the Ethereum as “worthless junk”.
Recently, Scottie Pippen, the famous NBA player, predicted that the biggest altcoin season will start this Sunday, following a historical pattern after Bitcoin halvings. He is optimistic over Ether as he is building a project focused on AI, gaming, and tokenizing real-world assets. Meanwhile, Justin Sun, the founder of Tron will keep its Ethereum holdings and work with Ethereum developers to improve the crypto space.
XRP Flips Ether in FDV
Besides, XRP has recently surpassed Ethereum in terms of fully diluted market cap (FDV). As of April 2025, XRP’s FDV stands at approximately $208.4 billion, while Ether’s is around $192.5 billion. However, its worthwhile to know that FDV represents the total value of all possible tokens including the ones not yet in circulation. However, Ethereum still maintains a higher actual market cap based on its circulating supply
XRP’s FDV has surged as a result of positive regulatory developments, increased institutional interest, and its growing role in cross-border payments. Although Ether faces challenges from competing blockchains and changes in its tokenomics after recent upgrades, it continues to lead in actual market cap and remains a dominant force in the crypto ecosystem.
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 recently highlighted that Ether is currently stuck between two key price levels: $1,540 and $1,630. He notes that a breakout in either direction will determine whether Ethereum moves higher or lower in price.
Besides, in a latest X post, he noted that 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 the same position which makes it a good time to buy.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed