Loading...

Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?

Key takeaways

  • Our Ethereum price prediction anticipates a high of $6899 by the end of 2024.
  • In 2025, it will range between $6824 and $6899, with an average price of $6634.
  • In 2030, it will range between $21408 and $23486, with an average price of $22325.

The Ethereum blockchain is accessible to everyone and built to support scalability, programmability, security, and decentralization, allowing for the creating of any secure digital technology.  Its native digital currency, ether (ETH), has attracted investors’ recognition and interest, while developers appreciate its utility in developing blockchain and decentralized finance applications.

So, what can traders and investors expect in the coming months and years? “Is ETH likely to go up? What will ETH be worth in 5 years?”

Let’s get into the details by exploring Ethereum’s price predictions from 2024 through 2030.

Overview

CryptocurrencyEthereum
TokenETH
Price$3,410
Market Cap$410,049,500,764
Trading Volume$11,829,995,623
Circulating Supply120,182,706
All-time High$4891 on Nov 16, 2021
All-time Low$0.4209 on Oct 22, 2015
24 High$3482
24 Low$3399

Ethereum price prediction: Technical analysis

MetricValue
Volatility (30-day variation)3.85%
50-day SMA$3,490
200-day SMA$3,046
SentimentNeutral
Fear and Greed Index47 (Neutral)
Green days12/30 (40%)

Ethereum price analysis

  • It has been in a gradual bear run this month.
  • Ethereum is gearing up for consolidation.

ETH/USD 1-day chart

ETH/USD chart. Source TradingView.

Ethereum is gearing up for consolidation as the William Alligator trendlines—an indicator that measures volatility using moving averages—converge. Everything still looks on track for ETH, and it’s playing ball with the other strong altcoins. At the time of writing, Ethereum is trading for $3,400, a marginal drop in the last 24 hours.

ETH/USD 4-hour chart

ETH/USD chart. Source TradingView.

This chart highlights the ETH movement in the recent past, which has been in a gradual decline. Like the daily chart, it is consolidating despite registering positive momentum over the last two days.

Ethereum technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 33432SELL
SMA 53441SELL
SMA 103500SELL
SMA 213570SELL
SMA 503490SELL
SMA 1003392BUY
SMA 2003046BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 33415BUY
EMA 53442SELL
EMA 103488SELL
EMA 213538SELL
EMA 503500SELL
EMA 1003367BUY
EMA 2003067BUY

What can you expect from ETH price analysis next?

The Ethereum (ETH) charts show that the short-term outlook appears neutral. The recent inability to hold above key support levels suggests that ETH may remain range bound, with possible further downward movement.

Is ETH a good investment?

Ethereum is the largest DeFi hub with a vibrant layer-two ecosystem. The blockchain constantly develops, making it a go-to choice for many web3 developers. ETH, its native token, shows promise, and the possibility of an Ethereum ETF approval makes it favorable for day traders. Over the long term, explore our price predictions.

Why is ETH down?

Ethereum’s price decreased by 4.34 percent over the last 24 hours as it reached support at $3,100. ETH has stepped below its first local support level. However, if the selling impulse continues, it will challenge the $3,000 support.

Will ETH reach $5,000?

If the broader cryptocurrency market turns bullish, ETH will also join the rally. As the coin runs mostly on positive developments in its ecosystem, it is expected to touch this level by August 2024.

Will ETH reach $20,000?

Considering Ethereum’s current value, $20,000, it is still a far-reaching target. However, the robust community support and favoritism for this specific coin can push it to the $20,000 level by 2029.

Will ETH reach $25,000?

Despite the risk involved with crypto pairs like Ethereum, they can still shoot up on positive momentum. The market speculates that Ethereum will reach the $25,000 level by 2033. Though the time is considerable, it is worth holding for handsome profits.

Does Ethereum have a good long-term future?

Most well-known altcoins are trading at lower levels, but looking at ETH, it is trading above its average price of the last two years. However, a a positive outbreak can be expected. The ETH/USD pair is expected to reach the $25,000 mark by 2030, so holding it for a longer period can be beneficial.

Recent news/ updates

Ethereum recently implemented visual epic testing on ethereum.org. This development provided support for storybook to do testing on ethereum.org.

“We would like to be able to catch visual regressions before they reach production, helping bus build confidence so that we can improve stability of ethereum.org through testing suite”, said in a post by ehereum.org.

The layer-2 ecosystem IS growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X. The comment was in response to a post from Movement Labs founder Rushi Manche, who said, “EVM L2s will go to zero. they mostly all suck compared to SOL.”

Berckmans commented that the L2 ecosystem is still “growing like crazy,” citing ecosystem analytics platforms such as L2beat before adding, “Coinbase made an EVM L2. So did Worldcoin. So did Immutable X.”

Ethereum price prediction July 2024

The Ethereum price is likely to remain stable throughout July. Currently, it is trading at $3,465, which is speculated to be the average price across the month.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
2024$ 3,465.88$ 3,565.88$3569

ETH price prediction 2024

The Ethereum market price recovered significantly in the first quarter of the year. According to Investors and market experts, Ethereum will soon break its $4,891.70 all-time high, which could amplify the bullish trend into 2024.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
20243,108.567,238.477,527.58

Ethereum price prediction 2025 – 2030

YearPotential Low ($)Average Price ($)Potential High ($)
20257,446.198,816.758,971.68
202610,218.8312,228.4812,580.52
202713,320.7215, 657.2215, 734.07
202813,320.7215, 657.2215, 734.07
202916,420. 5617, 819.5718, 853.53
203023, 358.5924, 358.8625, 626.37

ETH price prediction 2025

Ethereum network is expected to continue its upward trend in 2025, potentially reaching an all-time high of $8,971.68. However, there could be fluctuations, and the ETH coin price might dip to $7,446.19, with an average price of around $8,816.75.

ETH price prediction 2026

The Ethereum market price is expected to peak at $12,586.52. However, it might fall to $10,218.83, with an average of $13,228.48.

ETH price prediction 2027

The forecast speculated that ETH might hit a new all-time high of $15,734.07 by 2027. On the lower end, corrections may pull the price to $13,320.72, with an expected average trading price of around $15,657.22.

ETH price prediction 2028

In 2028, Ethereum’s market price might stabilize at $15,734.07 while maintaining the same average trading price of around $ 25,657.22, the same as in 2027.

ETH price prediction 2029

Ethereum is expected to reach an all-time high of $18,853.53 by 2029. However, it could fall to $16,420.56, with an average price of $17,819.57.

ETH price prediction 2030

At the end of this decade, 2030, Ethereum is projected to hit a high of $25,626.37. In the event of a price correction, it could drop to $23,358.59, with an average of $34,358.86.

Ethereum market price prediction: Analysts’ ETH price forecast

Firm Name20242025
Gov.Capital$3,767.26$5853.142
CryptoPredictions$3,763.067$3,667.158

Cryptopolitan’s Ethereum (ETH) price prediction

At Cryptopolitan, we are bullish on Ethereum future price as the historical market sentiment is extremely impressive. By the end of 2024, Ethereum might record a maximum price of $7,527, with a minimum price of $ 3,108.56 and an average price of $ 7,238.47

However, the future market potential for Ethereum entirely depends on its buying demand, regulation, and investor sentiment in long-term holding.

Ethereum historic price sentiment

2016

  • March 13: Gradual price climb with Ethereum trading at around $1.83.
  • June 16: Ethereum surpasses a $1 billion market cap, price spikes to $14.48.
  • June 18: Price crashes by over 45% after the DAO hack, resulting in a $50 million loss, falling to $11.33.
  • December 5: Ethereum hard fork in response to DAO hack, price drops to $6.83​​.

2017

  • March 16: Prices rebound to around $46.35, driven by enterprise adoption news.
  • May 6: Price more than doubles to $97.81, amid broader industry growth.
  • June 12: Sharp increase to $401.49, spurred by ICO boom.
  • July 16: Price drops to $157.36, amidst concerns of a crypto bubble.
  • September 15: Price recovers to $253​​.

2018

  • January 10: Ethereum breaks the $1,000 mark; prices later slide to $357.89 by April 1.
  • December 6: Price dips below $100 to $91.01​.

2020 to 2022

  • Throughout 2020: Fluctuating prices with a high of $735 and low of around $130.
  • 2021: Significant growth, starting the year at $737, peaking at $4,293.56, and facing a turbulent end with a decline to $3,679.01.
  • 2022: Volatility continues, with prices eventually dropping to $1,196 by year-end​​.

2023 to 2024

  • Early 2023: Prices start around $2,539, with minor fluctuations.
  • Late 2023 to early 2024: Gradual decline to around $2,237 in January 2024, followed by minor recoveries.
  • March 2024: Prices surge briefly to around $3,595.
  • Early May 2024: Price stabilizes around $3,117​

FAQs

Will the Ethereum price go up?

Bitcoin and altcoins are positively correlated. If the BTC price edge is higher, the price of Ethereum will likely soar as it is the second most valuable coin in market capitalization. This possibility increases the odds of ETH's upsides over downsides. Another thing, DeFi is roughly three years old, but most are based in Ethereum. ETH is collateral. The more DeFi is used as an alternative channel for financing, the more the demand for ETH will rise. This effect is a net positive trading volume for institutional investors in the immediate term and a boost now that the total locked maximum price of ETH denominated in USD is rising after dropping from over $1.5 billion per statistics from DeFi Pulse

Is Ethereum better than Bitcoin?

Ethereum is a solid platform, and ETH is a good investment, and there are many reasons for this. The project's foundation shapes Ethereum Forecast 2025, and ETH is worth holding in any portfolio. The return on Investment (ROI) of Ethereum (ETH) is the first indicator. Even after 95 percent of the price falls, early investors are deep in the money. They are based on current fundamentals, making price predictions for digital coins by considering online.

What is an ERC20 token?

The critical distinction between ERC20 tokens and other cryptocurrencies is that ERC20 tokens are produced and hosted on the Ethereum blockchain. At the same time, bitcoin and bitcoin cash are the native currencies of their blockchains. An Ethereum address is used to hold ERC20 tokens, and gas is used to pay transaction fees.

What is gas?

On the Ethereum network, the smallest labor unit is called a gas unit. A specific quantity of gas is needed to validate and confirm each transaction on the Ethereum blockchain. For a transaction to be included in a block, miners must make a certain amount of effort

How can I back up my ETHER account?

Your backup phrase for your wallet should be written down and kept. Your 12-word mnemonic phrase contains your ether private key and cash. The Security section of your wallet is the best place to start if you haven't already. Thanks to your backup phrase, you can always access your money if anything goes wrong. You may follow this instruction as you work your way through the steps.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Share link:

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

Crypto just got significantly more accessible with Alchemy Pay's Google Pay integration
Cryptopolitan
Subscribe to CryptoPolitan