Will ETH Price Hit $2000 Soon?

  • 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

NameEthereum
Symboleth
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 Supply120517994.983 eth
Total Supply120517994.983 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

ETH/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

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

ETH/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

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

ETH/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

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

ETH/USDT 1Day Chart (Source: Tradingview)

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2023162716621707
February 2023166016951740
March 2023169717321777
April 2023173817731818
May 2023178318181863
June 2023181618511896
July 2023185318881933
August 2023189419291974
September 2023193919742019
October 2023197120062051
November 2023200820432088
December 2023204920842129

Ethereum (ETH) Price Prediction – Resistance and Support Levels

ETH/USDT 1Day Chart (Source: Tradingview)

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. 

MonthMinimum PriceAverage PriceMaximum Price
January 2024207721122157
February 2024211021452190
March 2024214721822227
April 2024218822232268
May 2024223322682313
June 2024226623012346
July 2024230323382383
August 2024234423792424
September 2024238924242469
October 2024242124562501
November 2024245824932538
December 2024249925342579

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2025256626012646
February 2025259926342679
March 2025263626712716
April 2025267727122757
May 2025272227572802
June 2025275527902835
July 2025279228272872
August 2025283328682913
September 2025287829132958
October 2025291029452990
November 2025294729823027
December 2025298830233068

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. 

MonthMinimum PriceAverage PriceMaximum Price
January 2026305430893134
February 2026309731323177
March 2026313431693214
April 2026317532103255
May 2026322032553300
June 2026325332883333
July 2026331033453390
August 2026335633913436
September 2026343134663511
October 2026349935343579
November 2026356936043649
December 2026363036653710

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2027367137063751
February 2027371437493794
March 2027378638213866
April 2027386739023947
May 2027393639714016
June 2027398940244069
July 2027406040954140
August 2027412641614206
September 2027420142364281
October 2027426943044349
November 2027433943744419
December 2027442844634508

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2028449745324577
February 2028456045954640
March 2028463246674712
April 2028471347484793
May 2028479248274872
June 2028485548904935
July 2028492649615006
August 2028499250275072
September 2028506751025147
October 2028513551705215
November 2028520552405285
December 2028529453295374

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2029537154065451
February 2029543454695514
March 2029550655415586
April 2029558756225667
May 2029566657015746
June 2029572957645809
July 2029580058355880
August 2029586659015946
September 2029594159766021
October 2029600960446089
November 2029607961146159
December 2029616862036248

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.

MonthMinimum PriceAverage PriceMaximum Price
January 2030625462896334
February 2030631763526397
March 2030638964246469
April 2030647065056550
May 2030654965846629
June 2030661266476692
July 2030668367186763
August 2030674967846829
September 2030682468596904
October 2030689269276972
November 2030696269977042
December 2030705170867131

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 PriceAverage PriceMaximum 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 PriceAverage PriceMaximum 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

What is Ethereum (ETH)?

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. 

How to buy Ethereum Token?

Like other cryptocurrencies, Ethereum (ETH) can be traded in cryptocurrency exchanges like Binance, Coinbase, Kucoin, Gate.io, FTX, Kraken, and others.

Will Ethereum surpass its present ATH?

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.

When was Ethereum launched?

It was launched in July 2015.

What will be the Ethereum (ETH) price by 2023?

Ethereum’s (ETH) price is expected to reach $2084 by 2023.

What will be the Ethereum (ETH) price by 2024?

Ethereum’s (ETH) price is expected to reach $2534 by 2024.

What will be the Ethereum (ETH) price by 2025?

Ethereum (ETH) price is expected to reach $3023 by 2025.

What will be the Ethereum (ETH) price by 2026?

Ethereum’s (ETH) price is expected to reach $3665 by 2026.

What will be the Ethereum (ETH) price by 2027?

Ethereum (ETH) price is expected to reach $4463 by 2027.

What will be the Ethereum (ETH) price by 2028?

Ethereum’s (ETH) price is expected to reach $5329 by 2028.

What will be the Ethereum (ETH) price by 2029?

Ethereum’s (ETH) price is expected to reach $6203 by 2029.

What will be the Ethereum (ETH) price by 2030?

Ethereum (ETH) price is expected to reach $7086 by 2030.

What will be the Ethereum (ETH) price by 2040?

Ethereum’s (ETH) price is expected to reach $15500 by 2040.

What will be the Ethereum (ETH) price by 2050?

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.

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