- Bullish ETH price prediction ranges from $1,350 to $2,004.
- ETH price might also reach $2,084 this 2023.
- ETH’s bearish market price prediction for 2023 is $1213.37.
Ethereum blockchain has remained relevant after it entered the crypto and blockchain space. The native token of the Ethereum blockchain is called Ether, denoted with ETH. It uses the Solidify programming language to ensure that activities in its network are efficient and secured. It supports the development of decentralized applications (DApps). In the past 30 days, Ethereum (ETH) has gained 44%, according to CoinGecko data.
Ethereum investors are bullish on the coin since it has had a return on investment (ROI) of 3984 times in the past 7 years. The recent crypto winter in the first half of 2022 led to a dip in the price of ETH after it attained an all-time high (ATH) price of $4891.90 in November 2021. However, Ethereum whales confidence in the project remains bullish with recent developments.
If you are interested in the future of Ethereum (ETH) and want to know the price analysis and price prediction of ETH for 2023, 2024, 2025, 2026, up to 2030, keep reading this Coin Edition article.
Ethereum (ETH) Market Overview
Name | Ethereum |
Symbol | eth |
Rank | #2 |
Price | $1633.62 |
Price Change (1h) | -0.20834 % |
Price Change (24h) | 0.36711 % |
Price Change (7d) | 5.30484 % |
Market Cap | $196854413922 |
All Time High | $4878.26 |
All Time Low | $0.432979 |
Circulating Supply | 120517994.983 eth |
Total Supply | 120517994.983 eth |
What is Ethereum (ETH)?
Ethereum (ETH) was launched in July 2015 by co-founders Vitalik Buterin, Gavin Wood, Charles Hoskinson, and others. Investors can carry out transactions within the blockchain by paying fees with the Ether (ETH) used to reward Ethereum miners for keeping the blockchain active.
The number of transactions per second (TPS) within the Ethereum blockchain is 30. Ethereum developers are committed to ensuring that Ethereum 2.0 is released soon. This will solve the scalability challenge in the Ethereum blockchain. Once Ethereum 2.0 is released, the transaction per second will be over 10,000.
The launch of the Ethereum blockchain has enabled creators to earn online and empowers users to interact with over 1000 decentralized applications (Dapps) developed on the Ethereum blockchain. Developers can also build on the blockchain, while users can send and receive ETH from anyone worldwide.
The decentralized nature of the Ethereum blockchain has enabled its users to create accounts without being censored to send, receive, borrow, lend or stream funds from anywhere there is an internet connection. There are over 200 million unique Ethereum addresses presently.
Analysts’ Views On Ethereum
A bitcoin and Ethereum investor, Lark Davis tweeted that he believes that Ethereum will go as high as $10,000 in the next bull run.
Also there is another tweet by an analyst showing that a comprehensive analysis of Ethereum market trends reveals a recurring pattern of similar developments, reminiscent of the 2017 altcoin market rally.
A crypto trader also tweeted that the current technical indicators suggest the possibility of either an upward continuation or the formation of a double bottom pattern prior to the next bullish impulse move.
Although most of the analysts are believing that the bull run will start soon, there is a swing trader with over 700k followers tweeted that the bear run isn’t over yet.
Ethereum (ETH) Current Market Status
The total Ethereum (ETH) supply is infinite, while the circulating supply is 122,373,866 ETH. At the time of writing, ETH is trading for $1575.78, representing a 24 hours increase of 0.82%. The trading volume of Ethereum in the past 24 hours is $7,519,002,596, representing a 1.93% increase.
Some top cryptocurrency exchanges for trading Ethereum (ETH) are Binance, Coinbase, Kucoin, Gate.io, Kraken, Bitfinex, Gemini, and others.
Now that you know what Ethereum is and its current market status, we shall discuss the price analysis of Ethereum (ETH) for 2023.
Ethereum (ETH) Price Analysis 2023
Currently, ETH is ranked in the 2nd position on CoinMarketCap. Will developments and upgrades within the Ethereum blockchain lead to a rise in the price of Ethereum (ETH)? We shall see this in this Coin Edition price analysis 2023 article.
Ethereum (ETH) Price Analysis – Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Ethereum (ETH), it could be seen that the present bullish run could continue since the last candlestick is within the first half of the chart from the top. Also, since the last candlestick is bullish, it’s possible that the price of ETH will keep going up for a long time before any reversal could be expected.
Ethereum (ETH) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a widely used technical analysis indicator that evaluates the relative momentum of an asset by assessing the magnitude and velocity of its recent price movements. In the case of Ethereum (ETH) on the 1-day chart of ETH/USDT, the RSI value is currently at 84.14.
This value suggests that the asset may be overbought and may be at risk of a bearish trend reversal, as more sellers may be attracted to the market and push the price downward. It is important to note that the RSI value alone should not be used as the sole indicator for making trading decisions, but should be considered in conjunction with other technical indicators and market analysis.
Ethereum (ETH) Price Prediction – Moving Averages
The chart above shows the 1Day chart of Ethereum 200-day and 100-day Moving Average (MA). ETH is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce the price is bullish for long-term hodlers.
Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Ethereum (ETH) might experience a big rise or fall in the future.
Ethereum (ETH) Price Prediction 2023
From the chart above, we can observe that Ethereum (ETH) has been falling a lot since April 2023. Moreover, Ethereum has been trading inside an ascending triangle and now finally crossed over the 200-day moving average indicating a bullish era is starting. However, investors need to still wait for a clear breakout from one side of the ascending triangle for a clear pattern of the market.
If it breaks above the upper trendline, Ethereum can reach up to $1788.99. Another possible scenario is that if Ethereum breaks the lower trendline, it can fall back to the $1,100 price level.
Month | Minimum Price | Average Price | Maximum Price |
January 2023 | 1627 | 1662 | 1707 |
February 2023 | 1660 | 1695 | 1740 |
March 2023 | 1697 | 1732 | 1777 |
April 2023 | 1738 | 1773 | 1818 |
May 2023 | 1783 | 1818 | 1863 |
June 2023 | 1816 | 1851 | 1896 |
July 2023 | 1853 | 1888 | 1933 |
August 2023 | 1894 | 1929 | 1974 |
September 2023 | 1939 | 1974 | 2019 |
October 2023 | 1971 | 2006 | 2051 |
November 2023 | 2008 | 2043 | 2088 |
December 2023 | 2049 | 2084 | 2129 |
Ethereum (ETH) Price Prediction – Resistance and Support Levels
This bearish chart illustrates that the value of ETH has been fluctuating within a range of $1,160.38 to $1,594.04 over the past 30 days. If this price appreciation persists, it could potentially break through the $1684.83 resistance level, and possibly traverse to the $1661.98 level, indicating a bullish signal for 2023.
However, if the bears prevail, the price of ETH may relinquish its position in the current uptrend, resulting in a decline below the $1213.37 support level, potentially reaching lower levels in 2023, signaling a bearish sentiment.
Ethereum (ETH) Price Prediction 2024
The Bitcoin supply will be cut in half by 2024. Consequently, we should anticipate a favorable market trend due to user sentiment and investors’ desire to acquire more of the coin. Due to the impact of Bitcoin’s price swings on the value of other cryptocurrencies, it is reasonable to anticipate that ETH will be worth at least $2,534 by 2024.
Month | Minimum Price | Average Price | Maximum Price |
January 2024 | 2077 | 2112 | 2157 |
February 2024 | 2110 | 2145 | 2190 |
March 2024 | 2147 | 2182 | 2227 |
April 2024 | 2188 | 2223 | 2268 |
May 2024 | 2233 | 2268 | 2313 |
June 2024 | 2266 | 2301 | 2346 |
July 2024 | 2303 | 2338 | 2383 |
August 2024 | 2344 | 2379 | 2424 |
September 2024 | 2389 | 2424 | 2469 |
October 2024 | 2421 | 2456 | 2501 |
November 2024 | 2458 | 2493 | 2538 |
December 2024 | 2499 | 2534 | 2579 |
Ethereum (ETH) Price Prediction 2025
If most cryptocurrencies can overcome psychological barriers in the aftermath of Bitcoin’s price halving in 2024, we can expect ETH to trade at a premium to its 2024 pricing. As a result, ETH may be worth roughly $4,033 by the end of 2025.
Month | Minimum Price | Average Price | Maximum Price |
January 2025 | 2566 | 2601 | 2646 |
February 2025 | 2599 | 2634 | 2679 |
March 2025 | 2636 | 2671 | 2716 |
April 2025 | 2677 | 2712 | 2757 |
May 2025 | 2722 | 2757 | 2802 |
June 2025 | 2755 | 2790 | 2835 |
July 2025 | 2792 | 2827 | 2872 |
August 2025 | 2833 | 2868 | 2913 |
September 2025 | 2878 | 2913 | 2958 |
October 2025 | 2910 | 2945 | 2990 |
November 2025 | 2947 | 2982 | 3027 |
December 2025 | 2988 | 3023 | 3068 |
Ethereum (ETH) Price Prediction 2026
As more and more institutional investors flock to the ETH platform, the cryptocurrency price will likely fall after a prolonged bull run ends in 2026. It would be a significant reversal of the trend, suggesting that the price of ETH may reach $3,665 by 2026, even though the coin has generally depreciated during the same period.
Month | Minimum Price | Average Price | Maximum Price |
January 2026 | 3054 | 3089 | 3134 |
February 2026 | 3097 | 3132 | 3177 |
March 2026 | 3134 | 3169 | 3214 |
April 2026 | 3175 | 3210 | 3255 |
May 2026 | 3220 | 3255 | 3300 |
June 2026 | 3253 | 3288 | 3333 |
July 2026 | 3310 | 3345 | 3390 |
August 2026 | 3356 | 3391 | 3436 |
September 2026 | 3431 | 3466 | 3511 |
October 2026 | 3499 | 3534 | 3579 |
November 2026 | 3569 | 3604 | 3649 |
December 2026 | 3630 | 3665 | 3710 |
Ethereum (ETH) Price Prediction 2027
The halving of Bitcoin in 2028 will likely trigger a bull market. As a result, if investors remain hopeful, the price of ETH may continue to rise and may even breach previously established hurdles. Ethereum (ETH) may be worth $4,463.
Month | Minimum Price | Average Price | Maximum Price |
January 2027 | 3671 | 3706 | 3751 |
February 2027 | 3714 | 3749 | 3794 |
March 2027 | 3786 | 3821 | 3866 |
April 2027 | 3867 | 3902 | 3947 |
May 2027 | 3936 | 3971 | 4016 |
June 2027 | 3989 | 4024 | 4069 |
July 2027 | 4060 | 4095 | 4140 |
August 2027 | 4126 | 4161 | 4206 |
September 2027 | 4201 | 4236 | 4281 |
October 2027 | 4269 | 4304 | 4349 |
November 2027 | 4339 | 4374 | 4419 |
December 2027 | 4428 | 4463 | 4508 |
Ethereum (ETH) Price Prediction 2028
Bitcoin will be halved in 2028, and a bullish run is anticipated before the market settles down in 2027. As a result, ETH’s potential value of $5,329 by 2028’s end is still being determined.
Month | Minimum Price | Average Price | Maximum Price |
January 2028 | 4497 | 4532 | 4577 |
February 2028 | 4560 | 4595 | 4640 |
March 2028 | 4632 | 4667 | 4712 |
April 2028 | 4713 | 4748 | 4793 |
May 2028 | 4792 | 4827 | 4872 |
June 2028 | 4855 | 4890 | 4935 |
July 2028 | 4926 | 4961 | 5006 |
August 2028 | 4992 | 5027 | 5072 |
September 2028 | 5067 | 5102 | 5147 |
October 2028 | 5135 | 5170 | 5215 |
November 2028 | 5205 | 5240 | 5285 |
December 2028 | 5294 | 5329 | 5374 |
Ethereum (ETH) Price Prediction 2029
By 2029, the majority of cryptocurrency values may have been stable for nearly a decade, owing to the application of lessons learned to secure the sustained faith of investors in the project. Because of this effect and the additional price increase that occurs a year after Bitcoin’s price halves, the price of ETH might reach $6,203 by 2029.
Month | Minimum Price | Average Price | Maximum Price |
January 2029 | 5371 | 5406 | 5451 |
February 2029 | 5434 | 5469 | 5514 |
March 2029 | 5506 | 5541 | 5586 |
April 2029 | 5587 | 5622 | 5667 |
May 2029 | 5666 | 5701 | 5746 |
June 2029 | 5729 | 5764 | 5809 |
July 2029 | 5800 | 5835 | 5880 |
August 2029 | 5866 | 5901 | 5946 |
September 2029 | 5941 | 5976 | 6021 |
October 2029 | 6009 | 6044 | 6089 |
November 2029 | 6079 | 6114 | 6159 |
December 2029 | 6168 | 6203 | 6248 |
Ethereum (ETH) Price Prediction 2030
The cryptocurrency market was stable because early investors held on to their assets so they would take advantage of future price gains. By the end of 2030, the price of Ethereum (ETH) could be around $7,086, despite the bearish market that followed a market boom in the early years.
Month | Minimum Price | Average Price | Maximum Price |
January 2030 | 6254 | 6289 | 6334 |
February 2030 | 6317 | 6352 | 6397 |
March 2030 | 6389 | 6424 | 6469 |
April 2030 | 6470 | 6505 | 6550 |
May 2030 | 6549 | 6584 | 6629 |
June 2030 | 6612 | 6647 | 6692 |
July 2030 | 6683 | 6718 | 6763 |
August 2030 | 6749 | 6784 | 6829 |
September 2030 | 6824 | 6859 | 6904 |
October 2030 | 6892 | 6927 | 6972 |
November 2030 | 6962 | 6997 | 7042 |
December 2030 | 7051 | 7086 | 7131 |
Ethereum (ETH) Price Prediction 2040
According to our long-term Ethereum price estimate, Ethereum prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $15,500 by 2040. If the market becomes bullish, the price of Ethereum may increase beyond our 2040 forecast.
Minimum Price | Average Price | Maximum Price |
$12,500 | $15,500 | $17,328 |
Ethereum (ETH) Price Prediction 2050
According to our Ethereum forecast, the average price of Ethereum in 2050 might be above $30,283. If more investors are drawn to Ethereum between these years, the price of Ethereum in 2050 could be far higher than our projection.
Minimum Price | Average Price | Maximum Price |
$25,000 | $30,283 | $33,000 |
Conclusion
ETH might reach $2,084 in 2023 and $7,086 by 2030 if investors decide that ETH is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Ethereum is one of the top-ranked blockchains for decentralized applications (DApps) development. The native token of the Ethereum network is denoted as ETH. Ethereum is an open-source platform that the Ethereum Foundation funded.
Like other cryptocurrencies, Ethereum (ETH) can be traded in cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, FTX, Kraken, and others.
Since Ethereum provides its investors with mining rewards, it has a possibility of surpassing its present all-time high (ATH) price of $4891.70 in 2028.
It was launched in July 2015.
Ethereum’s (ETH) price is expected to reach $2084 by 2023.
Ethereum’s (ETH) price is expected to reach $2534 by 2024.
Ethereum (ETH) price is expected to reach $3023 by 2025.
Ethereum’s (ETH) price is expected to reach $3665 by 2026.
Ethereum (ETH) price is expected to reach $4463 by 2027.
Ethereum’s (ETH) price is expected to reach $5329 by 2028.
Ethereum’s (ETH) price is expected to reach $6203 by 2029.
Ethereum (ETH) price is expected to reach $7086 by 2030.
Ethereum’s (ETH) price is expected to reach $15500 by 2040.
Ethereum (ETH) price is expected to reach $30283 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
More Crypto Price Predictions:
Post Views: 2,138
Source: https://coinedition.com/ethereum-eth-price-prediction/