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Ethereum price prediction 2024-2030: Will ETH reach $8000 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$3,503
Market Cap$428,308,760,700
Trading Volume$9,040,137,759
Circulating Supply122,276,217
All-time High$4891 on Nov 16, 2021
All-time Low$0.4209 on Oct 22, 2015
24 High$3542 
24 Low$3475

Ethereum price prediction: Technical analysis

Volatility3.13%
50-Day SMA$3,443
200-Day SMA$2,974
SentimentBearish
Fear & Greed Index53 (Greed)
Gren days14/30 (47%)

Ethereum price analysis

  • The William alligator trendlines indicate low market volatility.
  • Ethereum is consolidating at current levels.

Ethereum 1-day Price Chart: Momentum and volatility slows

ETH/USD 1-day price chart By TradingView

The 1-day chart for Ethereum (ETH) against the US Dollar (USD) reveals a recent price drop to $3,502. The William alligator trendlines indicate little volatility. The Relative Strength Index (RSI) is at 45.87, slightly below the neutral 50 mark, indicating a neutral market. Traders should exercise caution when trading, as ETH’s momentum slows.

Ethereum 4-hour price analysis: Ethereum (ETH) fails to maintain bullish sentiment at $3,500

ETH/USD 4-hour price chart By TradingView

The 4-hour chart shows Ethererum in consolidation as it trades sideways. Also, the William alligator indicates little volatility. The Moving Average Convergence Divergence (MACD) reveals a bearish crossover. 

Ethereum technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 33,612SELL
SMA 53,570SELL
SMA 103,556SELL
SMA 213,568SELL
SMA 503,443BUY
SMA 1003,385BUY
SMA 2002,975BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 33,649SELL
EMA 53,688SELL
EMA 103,692SELL
EMA 213,578SELL
EMA 503,409BUY
EMA 1003,252BUY
EMA 2002,942BUY

What can you expect from the ETH price analysis next?

The charts for Ethereum (ETH) 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.

Recent news/opinion on Ethereum 

Bloomberg sources have revealed that the British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for Bitcoin and Ethereum. The venture will operate within its foreign exchange (FX) division.

Ethereum price prediction June 2024

In June Ethereum price will range between $3064 and $3900. The average price for the month will be $3498.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
2024$3,064.09$3498.61$3900.12

ETH price prediction 2024

In the first quarter of 2024, the Ethereum market price significantly recovered, demonstrated by an ascending triangle pattern on the weekly chart. Should the price surpasses the $5000 mark, it could amplify the bullish trend into 2024.

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
2024$2,849.03$6,634.13$6,899.11

Ethereum price prediction 2025 – 2030

YearPotential Low ($)Average Price ($)Potential High ($)
2025$6,824.52$6,634.13$6,899.11
2026$9,365.67$8,080.65$8,222.65
2027$11,207.54$11,530.18$12,208.59
2028$12,208.59$14,350.01$14,420.44
2029$15,049.63$16,331.83$17,279.46
2030$21,408.41$22,325.17$23,486.85

ETH price prediction 2025

In 2025, Ethereum is expected to continue its upward trajectory, potentially reaching a new all-time high of $6,899.11. However, there could be fluctuations, and the ETH coin price might dip to $6,824.52, with an average price around $6,634.13.

ETH price prediction 2026

By 2026, Ethereum’s price is expected to peak at $8,222.65. On the lower end, it might fall to $9,365.67, with an average sitting at $8,080.65.

ETH price prediction 2027

For 2027, the forecast suggests Ethereum could reach a new all-time high of $11,530.18. However, corrections may pull the price down to $12,208.59, with an expected average trading price of around $11,207.54.

ETH price prediction 2028

In 2028, Ethereum’s potential to dominate the crypto market might push its price to a new high of $14,420.44. Conversely, the price might decrease to $12,208.59, with an average price of $14,350.01.

ETH price prediction 2029

Approaching the end of the decade, in 2029, Ethereum is projected to hit a high of $17,279.46. In the event of a market correction, the price could drop to $15,049.63, with an average price expected to be $16,331.83.

ETH price prediction 2030

By 2030, Ethereum is anticipated to reach a new all-time high of $23,486.85. However, it could potentially fall to $21,408.41, with an average price of $22,325.17.

Ethereum market price prediction: Analysts’ ETH price forecast

Firm Name20242025
Gov.Capital$3767.26$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 $6,899, with a minimum price of $2,849.03   and an average price of $6,634

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

We expect the Bitcoin price to reach a high of $6,899 by the end of 2024.

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.

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