With the broader market sell-off picking up pace, the biggest altcoin, Ethereum’s price prediction, is gradually taking a bearish shift. As the underlying shift in sentiments highlights a FUD-driven market, the ETH price is trading below the $3,000 mark.
Additionally, the growing bearish momentum in the market, bolstered by Bitcoin’s drop under $60,000, further drives Ethereum’s downtrend. So, what’s the deal? Will Ethereum go up beyond $5,000? Embark on this analytical journey as we dive deep into these questions and Ethereum price predictions from 2024 to 2030.
Cryptocurrency | Ethereum |
Token | ETH |
Price | $ 2,918.50999213 |
Market Cap | $ 350,534,384,323.0341 |
Trading Volume | $ 11,576,519,499.2922 |
Circulating Supply | 120,107,309.9863 |
All-time High | $4,891.70 Nov 16, 2021 |
All-time Low | $0.4209 Oct 22, 2015 |
24 High | $ 3,059.0000 |
24 Low | $ 2,950.7700 |
As Bitcoin undergoes a correction, Ethereum feels the brunt of the increased market supply. Further, Ethereum’s price fails to sustain above the critical $3,000 level, suggesting a massive increase in supply.
The downfall in Ethereum price tests the 200D EMA and the rising support trendline with three consecutive bearish candles. Currently, the ETH price trades at $2850, an intraday drop of 5.44%.
The downtrend could hit the $2,500 mark if the rising supply fractures the support trendline amidst the crashing market. However, a positive cycle in the channel could revive the bull run and reclaim the $3,000 mark.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
May 2024 | $2,500 | $3,150 | $3,800 |
As the volatile 2023 concludes, the Ethereum market price recovers remarkably, forming an ascending triangle pattern in the weekly chart. Bouncing from the psychological barrier of $1000 in November 2022, the uptrend continues to gain momentum in the Ethereum weekly chart.
Blazing past the overhead resistance, the ETH price pushes beyond the $4000 barrier. Moreover, the breakout rally signals a longer uptrend and avoids a death cross in the weekly chart. If the buyers cross the Ethereum market value above $5000, the bull run continuation can exponentially increase in 2024. With potential Spot ETF approvals and the Bitcoin Halving effect on altcoins, the price of ETH can reach $10,000.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | $2160 | $5871 | $10000 |
Also Read: Ethereum Price Analysis: With ETH Price Struggling Above $1800, What’s Next? $1600 or $2000?
Bullish factors
Bearish factors
In like fashion, Ethereum, the second-largest cryptocurrency, is expected to maintain its upward trajectory and form higher highs in 2025. Moreover, with increased adoption and the demand for ETH, the ETH coin price can create a new all-time high $14,925.
However, on the flip side, the ETH coin price can dip to $8,917, with an average ETH price of $10,421.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 8917 | 10421 | 14925 |
ETH Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 5,566.77 | 8,713.12 | 16,610.75 |
2027 | 6,800.10 | 15,246.74 | 28,705.44 |
2028 | 12,613.01 | 24,482.48 | 36,410.87 |
2029 | 26,192.00 | 35,010.77 | 41,994.32 |
2030 | 30,647.23 | 23,563.01 | 56,575.21 |
By 2026, the Ethereum coin price is expected to reach a high of $6,610. Conversely, the ETH price might drop to $5,566 with an average of $5,713.
Similarly, the Ethereum 2027 forecast expects the ETH coin price to make a new all-time high at $8,705. However, a correction based on market shortcomings may drive the ETH crypto to $6,800, with an average of $7,246.
In 2028, the chances of Ethereum dominating the crypto market rise up as the ETH coin price will potentially reach a new high at $16,140. Conversely, the altcoin might fall to $12,613, making an average of $14,482.
Approaching its all-time high of $21,994.32 in 2029, the Ethereum price is expected to surpass the psychological barrier of $20,000. Conversely, in case of a correction, ETH may reach a low of $16,192.00, with an average price of $19,010.77.
Lastly, the ETH crypto price is projected to reach a new all-time high of $26,575.21 in 2030. Conversely, with a potential low of $20,647.23 and an average price of $23,563.01.
Factors like the successful change to PoS and the upcoming Danksharding upgrade will incline stars in favor of the protocol. If the Ethereum network manages to scale remarkably with the upcoming upgrades and ace the adoption race, then the ETH crypto price will skyrocket.
Potentially, the Ethereum (ETH) coin price will reach a new swing high of $3582 before the end of 2024. Conversely, increasing FUD amongst investors and a lack of updates could curb the value of 1 ETH at $2160.
ETH Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | $2160 | $5871 | $10000 |
Firm Name | 2024 | 2025 |
DigitalCoinPrice | $4760 | $6763 |
Gov.Capital | $6622 | $8893 |
*The aforementioned targets are the average targets set by the respective firms.
Ethereum 2.0 is an updated version of the existing Ethereum blockchain, which aims to increase the efficiency, scalability, and speed of the Ethereum network.
This upgrade allows Beacon Chain staked ether (stETH) withdrawals.
Gas is the small type of work processed on the Ethereum network. Gas measures the amount of work to be done by miners in order to include transactions in the Block.
The price of ETH might surge to a maximum of $3825 by the end of 2024.
Ethereum Shanghai Upgrade scheduled for the first half of 2023.
According to our Ethereum price prediction. The largest altcoin’s price could propel to a maximum of $4616.77 by the end of 2025. ETH is expected to cross the $26,000 mark by 2030.
With its dominance in DeFis, NFTs, and widespread prominence, Ethereum will continue to hold the crown of the largest altcoin. With the merger with ETH 2.0, Ethereum’s hold would further grow stronger.
Yes, the Ethereum network will eventually welcome more projects to be built on its chain, following its merger. It will also receive many improvements that will fundamentally strengthen the chain.
During the time of publishing, the price of 1 ETH was $1,528.21.
Considering you invested in Ethereum in January 2020, the value of your ETH crypto investment has increased by 1300%. In short, the $100 would be worth $1400 now.
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