Ethereum (ETH) Price Prediction: CoinCodex Machine Learning Algorithm Predicts a Crash to $1500

The Ethereum price could face another significant crash, as the machine learning algorithm, CoinCodex, predicts a sharp decline toward $1500.

The Ethereum (ETH) price could face another significant crash, as the machine learning algorithm, CoinCodex, predicts a sharp decline toward $1,500. After enduring four consecutive months of sideways trading and bearish closes, technical indicators and sentiment data are flashing warning signs of an impending correction in the coming weeks.

Ethereum Price Crash To $1,526 Incoming

According to CoinCodex’s latest Ethereum price prediction, ETH is expected to decline by 16.47% over the coming weeks, potentially reaching $1,526.06 by June 2, 2025. This bearish projection comes amidst a turbulent market cycle in which investor sentiment and confidence have wavered due to rising macroeconomic pressures and unexpected declines in Bitcoin.

This prediction also follows a period of sluggish price action in the cryptocurrency market, with Bitcoin struggling to break through the $40,000 mark and altcoins remaining largely stagnant.

However, despite the pessimistic outlook, CoinCodex’s algorithm predicts that Ethereum could experience 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.

Furthermore, 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.

CoinCodex Says Now Is A Bad Time To Buy ETH

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%.

News data source: kdj.com

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