Ethereum is a decentralized blockchain platform that employs smart contracts, enabling developers to create and deploy decentralized applications (DApps). Ether (ETH) is the native cryptocurrency of the Ethereum blockchain. ETH is the second largest cryptocurrency, with a market capitalization of over $370 billion.
The crypto industry is attracting mounting global interest from financial market participants. This results in a consistent inflow of liquidity and an increasing popularity of digital currencies, including Ethereum. Many reputable analysts are confident in the future growth of ETH. The Ethereum blockchain has a lot of deployed applications, new developments are underway, and the launch of ETH 2.0 has further boosted interest.
This article analyzes the market potential of Ether based on expert forecasts, providing a comprehensive technical and fundamental analysis.
The article covers the following subjects:
Major Takeaways
- The current price of ETH is $3 343.73 as of 23.12.2024.
- The ETH price reached its all-time high of $4864.13 on 2021-11-10. Ether’s all-time low of $81.2 was recorded on 2018-12-07.
- Several analytical agencies predict that the ETHUSD cryptocurrency pair will continue its bullish trend within 12–14 months. According to the estimates, the token’s value may reach $7,223.05–$8,232.65 by the end of 2025. More conservative forecasts predict an increase to $4,048.85 by the end of December 2025. At the same time, some experts anticipate a decline in ETH quotes to $2,691.00.
- The majority of analysts expect ETH to continue its uptrend to $4,844.33–$6,332.12 by the end of 2026. Some expect a rapid surge to $9,642.00 with a yearly high of $13,272.00. According to pessimistic forecasts, the ETH rate may slump to $2,147.00.
- Most analysts see ETH continuing to soar between 2027 and 2030. According to the estimates, Ether’s value may increase to $23,207.52–$24,763.00 by the end of 2030. Some crypto industry experts believe that the price of the ETH coin will trade near $6,850.67.
- Long-term forecasts for the ETHUSD exchange rate in 2030–2050 are extremely approximate. Nevertheless, experts assume that ETH will grow to $101,479.12–$108,861.00 by 2040 and $139,547.00–$142,011.00 by 2050.
- ETHUSD: the Elliott wave analysis reveals that Ethereum may continue to trade in a bearish correction 4 this week. Thus, sell ETH at the current level, securing profits at 3083.00.
ETH Real-Time Market Status
The ETH price is trading at $3 343.73 as of 23.12.2024.
The following are key indicators and metrics that are crucial for tracking the ETH market:
Metric |
Value |
---|---|
Market capitalization |
$399.67 billion |
Trading volume over the last 24 hours |
$48.87 billion |
Volume/Market cap ratio |
12.2% |
All-time high |
$4864.13 |
Price change over the last 12 months |
61.22% |
Circulating supply |
120.42 million ETH |
Maximum supply |
N/A |
Fear and Greed index |
83 (Extreme Greed) |
ETH market dominance |
12.26% |
Weekly Elliott Wave Ethereum Analysis as of 23.12.2024
The ETHUSD pair is developing a global impulse wave, with the first three parts of this pattern finished. The first half of the prolonged correction (4) is unfolding as a double zigzag W-X-Y. The first motive wave W has ended. The linking wave X is underway, consisting of sub-waves [W]-[X]-[Y]. Let’s have a look at the H4 chart.
The impulse wave (A) and correction (B) have finished within the motive wave [Y]. An impulse sub-wave (C) is developing now. A wave 1 is an initial diagonal wave, correction 2 is a standard zigzag, and a wave 3 is a standard impulse wave. Correction 4 is developing as a standard zigzag [A]-[B]-[C]. The first impulse wave [A] has finished near 3083.00, and correction [B] has started to unfold. It is expected to finish soon, after which the price will likely continue to decline in the impulse wave [C] to a low of 3083.00.
Weekly ETHUSD Trading Plan:
Sell 3353.89, TP 3083.00
ETHUSD Elliott wave analysis is presented by an independent analyst, Roman Onegin.
ETH Price Forecast for 2024–2025 Based on Technical Analysis
Let’s examine the D1 and W1 charts to ascertain the ETHUSD pair’s future performance for the next 12 months.
The analysis employs the MACD, RSI, MFI, MA Cross, and tick volume indicators, as well as candlestick and chart analysis, to evaluate the ETH market. This comprehensive approach enables us to accurately identify key support and resistance levels, overbought and oversold zones, and potential pivot points.
Between August and October 2024, ETH quotes were consolidating in the range of $2,111.00–$2,819.99.
In early November, the ETH price exceeded the upper boundary of the accumulation channel on the background of Donald Trump’s victory in the US presidential election.
At the moment, a large Bullish Pennant pattern is forming. If the price breaches the upper boundary of the pattern, ETH will likely soar to $3,879.58.
Notably, the price is located above the MA50 and MA200, which are located at $2,651.09 and $2,955.06, respectively. These levels offer support.
Tick volume is decreasing, which is typical when the Pennant is being formed. A sharp surge in tick volume during a breakout will confirm the pattern.
MACD values are decreasing to the zero boundary but still holdong within the positive zone. RSI values have reversed to the downside in the overbought zone, hovering near 61.
The MFI indicator shows an outflow of liquidity from the asset, pointing to probable profit-taking after the price soared significantly.
On the daily chart, the ETHUSD pair has formed the Hammer and Morning Star reversal candlestick patterns, which indicate that the price hit the lows and signal an increased buying activity.
A Golden Cross pattern should also be noted, as it indicates the strength of bulls.
MACD values have overcome the zero boundary to the upside and are increasing in the positive zone, suggesting that the uptrend is gaining traction. The RSI is above 56, confirming the bullish trend and generating a buy signal. The MFI shows a significant inflow of liquidity, which also indicates that market participants are willing to buy ETH.
In light of the current market conditions, ETH will likely continue its upward trajectory, reaching the key resistance level of $3,441.88 after the downward correction ends. A recovery and consolidation of the price above this level may provide an opportunity to open long positions with targets in the area of $3,879.58–$4,790.96.
An alternative scenario suggests that the ETH price will plunge below the key support level of $2,740.37, allowing traders to open short positions with the target in the area of $2,374.62–$1,085.50.
Month |
ETHUSD Projected Values |
|
---|---|---|
Minimum, $ |
Maximum, $ |
|
December 2024 |
2,990.08 |
3,503.34 |
January 2025 |
3,441.40 |
3,972.75 |
February 2025 |
3,529.89 |
3,996.36 |
March 2025 |
3,432.55 |
3,936.66 |
April 2025 |
3,857.31 |
4,246.68 |
May 2025 |
3,795.37 |
4,273.08 |
June 2025 |
3,724.57 |
4,467.91 |
July 2025 |
4,140.99 |
4,521.01 |
August 2025 |
4,113.94 |
4,742.24 |
September 2025 |
4,600.65 |
4,936.92 |
October 2025 |
4,733.39 |
5,388.24 |
Long-Term Trading Plan for ETHUSD
The current market sentiment points to the continuation of the ETHUSD pair’s upward trend within the next 12 months.
- The daily chart displays a large bullish Pennant. If the price pierces the pattern’s upper boundary, ETH will likely reach $3,879.58 within the next month.
- On the weekly time frame, the Hammer and Morning Star candlesticks have emerged, pointing to a potential trend reversal over the next six to twelve months.
- If the price settles above the key resistance level of $3,441.88, bulls will likely push the ETH price towards $4,149.40–$4,790.96 and beyond.
- Should the price decline below the support level of $2,740.37, it may drop to the $2,374.62–$1,085.50 range, although this scenario is considered unlikely.
- Key support levels: $2,927.06, $2,740.37, $2,392.43, $2,374.62, $1,984.88, $1,553.18, and $1,085.50.
- Key resistance levels: $3,441.88, $3,879.58, $4,149.40, $4,449.19, and $4,790.96.
Analysts’ ETH Price Projections for 2024–2025
Most experts predict an uptrend for the ETHUSD in 2024–2025.
Panda Forecast
Price range in 2024–2025: $1,900.00–$4,343.00 (as of 22.11.2024).
Panda Forecast assumes that the asset’s value will surge to $3,688.00 by the end of 2024. The yearly high will be near $4,343.00.
In the first half of 2025, the ETH rate will decline to $2,713.00. From June through September, experts predict a short-term rise to $3,423.00.
In November, the price may reach a yearly low of $1,900.00. By the end of 2025, the average price will hover around $2,691.00.
Month |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
2024 |
|||
November |
3,437.00 |
2,357.99 |
3,546.00 |
December |
3,688.00 |
3,080.00 |
4,343.00 |
2025 |
|||
January |
3,541.00 |
3,107.00 |
4,178.00 |
February |
3,133.00 |
2,765.00 |
3,627.00 |
March |
2,530.00 |
2,056.00 |
2,998.00 |
April |
2,834.00 |
2,310.00 |
3,082.00 |
May |
2,713.00 |
2,564.00 |
3,175.00 |
June |
3,229.00 |
2,785.00 |
3,657.00 |
July |
2,979.00 |
2,755.00 |
3,232.00 |
August |
3,016.00 |
2,835.00 |
3,619.00 |
September |
3,423.00 |
2,961.00 |
3,723.00 |
October |
2,807.00 |
2,519.00 |
3,207.00 |
November |
2,196.00 |
1,900.00 |
2,323.00 |
December |
2,691.00 |
2,267.00 |
2,839.00 |
LongForecast
Price range in 2024–2025: $2,395.00–$8,604.00 (as of 22.11.2024).
Based on LongForecast projections, the trading instrument is anticipated to reach a value of $4,884.00 by the end of 2024.
In the first quarter of 2025, analysts anticipate the ETH price to increase to a new all-time high of $5,501.00. The anticipated average value of the asset will stand between $4,318.00 and $5,170.00 between April and June.
In the second half of 2025, ETH is expected to continue the bull market, with prices reaching $8,041.00 by the end of December.
Month |
Open, $ |
Min–Max, $ |
Close, $ |
---|---|---|---|
2024 |
|||
November |
2,658.00 |
2,395.00–4,721.00 |
4,210.00 |
December |
4,210.00 |
3,585.00–5,226.00 |
4,884.00 |
2025 |
|||
January |
4,884.00 |
4,543.00–5,227.00 |
4,885.00 |
February |
4,885.00 |
4,781.00–5,501.00 |
5,141.00 |
March |
5,141.00 |
4,016.00–5,141.00 |
4,318.00 |
April |
4,318.00 |
4,045.00–4,653.00 |
4,349.00 |
May |
4,349.00 |
4,145.00–4,769.00 |
4,457.00 |
June |
4,457.00 |
4,457.00–5,532.00 |
5,170.00 |
July |
5,170.00 |
4,909.00–5,647.00 |
5,278.00 |
August |
5,278.00 |
5,094.00–5,860.00 |
5,477.00 |
September |
5,477.00 |
5,477.00–6,798.00 |
6,353.00 |
October |
6,353.00 |
5,917.00–6,807.00 |
6,362.00 |
November |
6,362.00 |
6,362.00–7,618.00 |
7,120.00 |
December |
7,120.00 |
7,120.00–8,604.00 |
8,041.00 |
WalletInvestor
Price range in 2024–2025: $2,726.85–$4,750.40 (as of 22.11.2024).
WalletInvestor experts give more conservative forecasts regarding the further performance of the ETHUSD pair in the next 12–14 months.
By the end of 2024, the price will reach $3,256.91. At the beginning of 2025, the ETH token will grow to $3,358.95.
In the first half of 2025, the cryptocurrency is expected to rise as high as $3,740.22, with a high of $4,338.37 in May.
In the second half of the year, the upward movement will continue toward $4,048.85 by early December, with a yearly high in the area of $4,750.40.
Date |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
2024 |
|||
01.12.2024 |
3,256.91 |
2,726.85 |
3,808.79 |
2025 |
|||
01.01.2025 |
3,358.95 |
2,852.00 |
3,856.50 |
01.02.2025 |
3,400.35 |
2,880.54 |
3,903.47 |
01.03.2025 |
3,572.94 |
3,079.48 |
4,070.00 |
01.04.2025 |
3,684.68 |
3,139.69 |
4,189.64 |
01.05.2025 |
3,791.36 |
3,198.24 |
4,338.37 |
01.06.2025 |
3,740.22 |
3,222.85 |
4,302.60 |
01.07.2025 |
3,577.43 |
2,988.16 |
4,146.81 |
01.08.2025 |
3,700.60 |
3,088.78 |
4,323.20 |
01.09.2025 |
3,758.27 |
3,152.20 |
4,341.12 |
01.10.2025 |
3,722.73 |
3,034.60 |
4,382.42 |
01.11.2025 |
3,938.84 |
3,289.00 |
4,681.22 |
01.12.2025 |
4,048.85 |
3,309.22 |
4,750.40 |
Gov Capital
Price range in 2024–2025: $2,366.68–$8,074.25 (as of 22.11.2024).
According to Gov Capital, the average price of Ether could plunge to $2,629.64 by the end of 2024.
In 2025, the ETH rate is expected to grow from $3,989.61 to $7,223.05. The yearly low and high will be $2,366.68 and $8,074.25, respectively.
Date |
Average, $ |
Least Possible Price, $ |
Best Possible Price, $ |
---|---|---|---|
30.11.2024 |
2,806.60 |
2,525.94 |
3,087.26 |
31.12.2024 |
2,629.64 |
2,366.68 |
2,892.60 |
31.01.2025 |
3,989.61 |
3,590.65 |
4,388.57 |
28.02.2025 |
5,128.76 |
4,615.89 |
5,641.64 |
31.03.2025 |
3,381.43 |
3,043.29 |
3,719.57 |
30.04.2025 |
5,674.21 |
5,106.79 |
6,241.63 |
31.05.2025 |
6,817.94 |
6,136.14 |
7,499.73 |
30.06.2025 |
6,921.47 |
6,229.32 |
7,613.62 |
31.07.2025 |
7,340.23 |
6,606.20 |
8,074.25 |
31.08.2025 |
7,340.23 |
6,606.20 |
8,074.25 |
30.09.2025 |
5,975.17 |
5,377.65 |
6,572.69 |
31.10.2025 |
6,937.55 |
6,243.80 |
7,631.31 |
30.11.2025 |
7,340.23 |
6,606.20 |
8,072.25 |
31.12.2025 |
7,223.05 |
6,500.75 |
7,945.36 |
DigitalCoinPrice
Price range in 2024–2025: $2,955.73–$8,557.07 (as of 22.11.2024).
DigitalCoinPrice estimates that the average price of ETH could climb to $5,762.87 as early as December 2024.
At the beginning of 2025, the average price will be $7,379.62. By May, ETH quotes may soar to $8,409.30, with a yearly high of $8,557.07.
Between June and November, the price of ETH will vary in a narrow range of $6,939.33–$7,868.88. By the end of 2025, experts anticipate the average price of the coin to trade near $8,232.65.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
December 2024 |
2,955.73 |
5,762.87 |
7,130.17 |
January 2025 |
6,983.31 |
7,379.62 |
8,257.55 |
February 2025 |
7,085.84 |
7,549.44 |
8,051.78 |
March 2025 |
7,011.32 |
7,343.01 |
7,619.30 |
April 2025 |
7,102.08 |
7,201.04 |
7,399.74 |
May 2025 |
6,966.21 |
8,409.30 |
8,557.07 |
June 2025 |
6,939.33 |
7,438.07 |
7,550.07 |
July 2025 |
7,079.34 |
7,258.84 |
7,368.55 |
August 2025 |
7,095.28 |
7,167.92 |
7,401.15 |
September 2025 |
6,955.53 |
7,095.39 |
7,456.76 |
October 2025 |
7,009.14 |
7,341.35 |
7,849.73 |
November 2025 |
7,013.63 |
7,086.20 |
7,868.88 |
December 2025 |
6,971.74 |
8,232.65 |
8,332.56 |
Analysts offer mixed outlooks on the ETHUSD cryptocurrency pair over the next 12–14 months. Most experts suggest that an upward trend will continue to $7,223.05–$8,232.65 by the end of 2025. According to moderate forecasts, the ETH coin will reach $4,048.85.
Some downbeat outlooks assume a decline in the cryptocurrency’s value to $2,691.00.
Analysts’ ETH Price Projections for 2026
Many analysts predict the ETH exchange rate to rise in 2026.
Panda Forecast
Price range in 2026: $1,887.00–$3,237.00 (as of 22.11.2024).
According to Panda Forecast, the value of ETH will decrease in 2026. The average price will trade near $2,516.00 at the beginning of the year.
A slight increase towards $2,703.00–$2,794.00 is expected by mid-2026. ETH may hit a yearly high of $3,237.00.
By the end of the year, the quotes of the trading instrument will likely decrease to $2,147.00.
Month |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
January |
2,516.00 |
2,352.00 |
2,899.00 |
February |
2,553.00 |
2,343.00 |
2,847.00 |
March |
2,253.00 |
1,910.00 |
2,383.00 |
April |
2,451.00 |
2,199.00 |
2,855.00 |
May |
2,794.00 |
2,403.00 |
2,968.00 |
June |
2,703.00 |
2,453.00 |
3,237.00 |
July |
2,297.00 |
1,901.00 |
2,642.00 |
August |
2,131.00 |
1,987.00 |
2,403.00 |
September |
2,371.00 |
1,902.00 |
2,821.00 |
October |
2,371.00 |
2,086.00 |
2,732.00 |
November |
2,169.00 |
1,887.00 |
2,283.00 |
December |
2,147.00 |
2,002.00 |
2,555.00 |
LongForecast
Price range in 2026: $8,041.00–$13,272.00 (as of 22.11.2024).
According to LongForecast, the value of ETH will surge to $8,041.00 by the beginning of 2026.
Analysts project that the price may climb to $9,052.00 by the end of the first half of the year.
By the end of the year, the ETH price will reach $9,642.00. At the same time, the yearly high is expected at $13,272.00 in October.
Month |
Open, $ |
Min–Max, $ |
Close, $ |
---|---|---|---|
January |
8,041.00 |
8,041.00–9,349.00 |
8,737.00 |
February |
8,737.00 |
8,250.00–9,492.00 |
8,871.00 |
March |
8,871.00 |
8,483.00–9,761.00 |
9,122.00 |
April |
9,122.00 |
8,144.00–9,370.00 |
8,757.00 |
May |
8,757.00 |
8,403.00–9,667.00 |
9,035.00 |
June |
9,035.00 |
8,418.00–9,686.00 |
9,052.00 |
July |
9,052.00 |
8,642.00–9,942.00 |
9,292.00 |
August |
9,292.00 |
9,292.00–11,312.00 |
10,572.00 |
September |
10,572.00 |
9,944.00–11,442.00 |
10,693.00 |
October |
10,693.00 |
10,693.00–13,272.00 |
12,404.00 |
November |
12,404.00 |
10,675.00–12,404.00 |
11,478.00 |
December |
11,478.00 |
8,967.00–11,478.00 |
9,642.00 |
Walletinvestor
Price range in 2026: $3,188.37–$6,398.81 (as of 22.11.2024).
WalletInvestor gives a moderate forecast for the ETH rate in 2026.
By the end of the first half of the year, the average price will be $4,537.07. By December, quotes may increase to $4,844.33 and reach a high of $6,398.81.
Date |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
01.01.2026 |
4,152.59 |
3,371.21 |
4,932.62 |
01.02.2026 |
4,194.67 |
3,376.76 |
4,972.84 |
01.03.2026 |
4,368.39 |
3,557.83 |
5,225.49 |
01.04.2026 |
4,480.10 |
3,550.89 |
5,357.55 |
01.05.2026 |
4,581.16 |
3,623.04 |
5,595.91 |
01.06.2026 |
4,537.07 |
3,480.22 |
5,574.61 |
01.07.2026 |
4,373.90 |
3,280.30 |
5,554.63 |
01.08.2026 |
4,495.73 |
3,335.28 |
5,607.96 |
01.09.2026 |
4,554.96 |
3,343.81 |
5,854.14 |
01.10.2026 |
4,517.83 |
3,188.37 |
5,905.51 |
01.11.2026 |
4,732.62 |
3,349.09 |
6,198.50 |
01.12.2026 |
4,844.33 |
3,345.90 |
6,398.81 |
Gov Capital
Price range in 2026: $4,097.19–$8,074.25 (as of 22.11.2024).
According to Gov Capital, the average value of ETH will range from $4,097.19 to $8,074.25 in the first half of 2026, reaching $4,552.43 in June.
The cryptocurrency will soar to $6,332.12 by the end of the year.
Date |
Average, $ |
Least Possible Price, $ |
Best Possible Price, $ |
---|---|---|---|
31.01.2026 |
7,019.06 |
7,720.97 |
6,317.15 |
28.02.2026 |
5,435.52 |
4,891.97 |
5,979.08 |
31.03.2026 |
7,340.23 |
6,606.20 |
8,074.25 |
30.04.2026 |
7,340.23 |
6,606.20 |
8,074.25 |
31.05.2026 |
5,017.33 |
4,515.60 |
5,519.06 |
30.06.2026 |
4,552.43 |
4,097.19 |
5,007.68 |
31.07.2026 |
5,480.71 |
4,932.64 |
6,028.78 |
31.08.2026 |
7,340.23 |
6,606.20 |
8,074.25 |
30.09.2026 |
5,946.73 |
5,352.06 |
6,541.40 |
31.10.2026 |
7,167.67 |
6,450.91 |
7,884.44 |
30.11.2026 |
7,340.23 |
6,606.20 |
8,074.25 |
31.12.2026 |
6,332.12 |
5,698.91 |
6,965.34 |
The consensus among experts is that the ETH rate is set to soar in 2026. The price of the cryptocurrency may reach a range of $6,398.81–$8,074.25. Some estimates suggest that ETH quotes may skyrocket to $13,272.00. However, some experts project a decline to $2,147.00 by the end of 2026.
Analysts’ ETH Price Projections for 2027
There is a divergence of opinion among experts regarding the projected trajectory of the ETHUSD exchange rate in 2027. Some anticipate continued growth, while others foresee a decline in the token’s value.
LongForecast
Price range in 2027: $4,870.00–$11,968.00 (as of 22.11.2024).
According to LongForecast, the ETHUSD pair will trade in the range of $9,642.00–$11,968.00 in early 2027.
By the middle of the year, the value of the digital asset will drop to $7,242.00. At the same time, the yearly high is expected to be $11,968.00 in January. By the end of the year, the coin’s rate will stand near $5,772.00.
Month |
Open, $ |
Min–Max, $ |
Close, $ |
---|---|---|---|
January |
9,642.00 |
9,642.00–11,968.00 |
11,185.00 |
February |
11,185.00 |
8,893.00–11,185.00 |
9,562.00 |
March |
9,562.00 |
8,228.00–9,562.00 |
8,847.00 |
April |
8,847.00 |
8,847.00–10,981.00 |
10,263.00 |
May |
10,263.00 |
8,018.00–10,263.00 |
8,621.00 |
June |
8,621.00 |
6,735.00–8,621.00 |
7,242.00 |
July |
7,242.00 |
5,657.00–7,242.00 |
6,083.00 |
August |
6,083.00 |
6,083.00–7,256.00 |
6,781.00 |
September |
6,781.00 |
6,781.00–7,943.00 |
7,423.00 |
October |
7,423.00 |
5,799.00–7,423.00 |
6,235.00 |
November |
6,235.00 |
4,870.00–6,235.00 |
5,237.00 |
December |
5,237.00 |
5,237.00–6,176.00 |
5,772.00 |
WalletInvestor
Price range in 2027: $2,908.85–$8,378.30 (as of 22.11.2024).
WalletInvestor predicts that the average price of ETH will be $4,941.74 at the beginning of 2027.
During the first half of the year, the value of the digital currency will range between $3,327.40 and $7,482.60, with the average price rising to $5,333.80.
During the second half of the year, ETH quotes will fluctuate within the $2,908.85–$8,378.30 range. The average price will reach $5,639.66 by December.
Date |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
01.01.2027 |
4,941.74 |
3,345.73 |
6,523.12 |
01.02.2027 |
4,989.81 |
3,351.36 |
6,746.46 |
01.03.2027 |
5,164.60 |
3,463.31 |
6,946.00 |
01.04.2027 |
5,274.82 |
3,486.69 |
7,165.38 |
01.05.2027 |
5,376.19 |
3,436.72 |
7,347.21 |
01.06.2027 |
5,333.80 |
3,327.40 |
7,482.60 |
01.07.2027 |
5,169.75 |
3,067.01 |
7,419.79 |
01.08.2027 |
5,290.22 |
3,104.86 |
7,595.83 |
01.09.2027 |
5,351.50 |
3,030.41 |
7,706.31 |
01.10.2027 |
5,308.48 |
2,908.85 |
7,720.37 |
01.11.2027 |
5,527.14 |
3,015.57 |
8,020.24 |
01.12.2027 |
5,639.66 |
3,072.79 |
8,378.30 |
Gov Capital
Price range in 2027: $2,510.75–$7,814.13 (as of 22.11.2024).
Gov Capital estimates that the average price of the trading instrument will hover near $5,005.94 in January. By the end of the first quarter, the ETH rate may increase to $7,103.75 and then start to decline.
Between April and September, the quotes will tumble down to $4,384.63, with a minimum price of $2,510.75 by the end of June. In December, the price will recover to $4,998.04.
Date |
Average, $ |
Least Possible Price, $ |
Best Possible Price, $ |
---|---|---|---|
31.01.2027 |
5,005.94 |
4,505.35 |
5,506.53 |
28.02.2027 |
5,839.66 |
5,255.69 |
6,423.62 |
31.03.2027 |
7,103.75 |
6,393.38 |
7,814.13 |
30.04.2027 |
6,085.27 |
5,476.74 |
6,693.80 |
31.05.2027 |
4,689.76 |
4,220.78 |
5,158.73 |
30.06.2027 |
2,789.72 |
2,510.75 |
3,068.69 |
31.07.2027 |
4,747.24 |
4,272.52 |
5,221.97 |
31.08.2027 |
4,749.12 |
4,274.21 |
5,224.04 |
30.09.2027 |
4,384.63 |
3,946.17 |
4,823.09 |
31.10.2027 |
5,616.64 |
5,054.97 |
6,178.30 |
30.11.2027 |
4,999.09 |
4,499.19 |
5,499.00 |
31.12.2027 |
4,998.04 |
4,498.23 |
5,497.84 |
CoinCodex
Price range in 2027: $3,877.16–$4,935.51 (as of 22.11.2024).
CoinCodex gives moderately positive forecasts for ETH in 2027.
In the first half of the year, the asset’s value will vary in the $3,877.16–$4,674.83 range, with an average price of $4,414.82.
In the second half of the year, it is predicted to climb to $4,843.90 in December.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2027 |
3,877.16 |
4,126.54 |
4,272.61 |
February 2027 |
4,127.56 |
4,227.76 |
4,296.44 |
March 2027 |
4,049.06 |
4,294.91 |
4,408.76 |
April 2027 |
4,434.53 |
4,508.67 |
4,674.83 |
May 2027 |
4,378.45 |
4,438.77 |
4,518.75 |
June 2027 |
4,260.45 |
4,414.82 |
4,536.60 |
July 2027 |
4,432.41 |
4,475.22 |
4,560.80 |
August 2027 |
4,242.22 |
4,343.54 |
4,459.24 |
September 2027 |
4,197.16 |
4,233.25 |
4,283.98 |
October 2027 |
4,165.76 |
4,275.15 |
4,416.49 |
November 2027 |
4,420.79 |
4,594.52 |
4,714.10 |
December 2027 |
4,763.70 |
4,843.90 |
4,935.51 |
Analysts offer diverse perspectives on the ETH exchange rate in 2027. Most analysts anticipate growth, which will be accompanied by significant price fluctuations.
Analysts’ ETH Price Projections for 2028
Analytical agencies anticipate a bullish trend for the ETHUSD pair in 2028.
LongForecast
Price range in 2028: $5,440.00–$15,655.00 (as of 22.11.2024).
According to LongForecast, quotes of the digital asset will trade near $5,772.00 in early 2028. By the middle of the year, the value of ETH may increase to $6,180.00.
In the second half of the year, the bullish trend will accelerate. In December, the ETH rate may surge to $14,631.00.
Month |
Open, $ |
Min–Max, $ |
Close, $ |
---|---|---|---|
January |
5,772.00 |
5,772.00–7,165.00 |
6,696.00 |
February |
6,696.00 |
5,440.00–6,696.00 |
5,849.00 |
March |
5,849.00 |
5,849.00–7,260.00 |
6,785.00 |
April |
6,785.00 |
6,785.00–8,065.00 |
7,537.00 |
May |
7,537.00 |
5,893.00–7,537.00 |
6,337.00 |
June |
6,337.00 |
5,747.00–6,613.00 |
6,180.00 |
July |
6,180.00 |
6,180.00–7,671.00 |
7,169.00 |
August |
7,169.00 |
7,169.00–8,898.00 |
8,316.00 |
September |
8,316.00 |
8,316.00–10,029.00 |
9,373.00 |
October |
9,373.00 |
9,373.00–11,634.00 |
10,873.00 |
November |
10,873.00 |
10,873.00–13,496.00 |
12,613.00 |
December |
12,613.00 |
12,613.00–15,655.00 |
14,631.00 |
WalletInvestor
Price range in 2028: $2,316.75–$10,323.94 (as of 22.11.2024).
According to WalletInvestor, ETH will face elevated volatility in 2028. The average price will grow and reach $6,128.28 by the middle of the year.
By the end of the year, the average ETH rate may increase to $6,432.77. At the same time, the yearly high is expected to be around $10,611.37.
Date |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
01.01.2028 |
5,736.15 |
3,067.15 |
8,584.68 |
01.02.2028 |
5,784.91 |
2,984.37 |
8,726.80 |
01.03.2028 |
5,961.77 |
3,093.93 |
9,063.47 |
01.04.2028 |
6,068.48 |
3,039.94 |
9,307.39 |
01.05.2028 |
6,176.02 |
3,086.12 |
9,448.85 |
01.06.2028 |
6,128.28 |
2,864.15 |
9,637.97 |
01.07.2028 |
5,960.24 |
2,731.55 |
9,452.52 |
01.08.2028 |
6,090.51 |
2,644.61 |
9,758.72 |
01.09.2028 |
6,140.98 |
2,570.69 |
9,874.78 |
01.10.2028 |
6,105.68 |
2,402.23 |
10,081.70 |
01.11.2028 |
6,329.33 |
2,504.73 |
10,323.94 |
01.12.2028 |
6,432.77 |
2,316.75 |
10,611.37 |
Gov Capital
Price range in 2028: $5,932.87–$8,074.25 (as of 22.11.2024).
According to the Gov Capital portal, the average price at the beginning of 2028 will be $7,111.08.
By the end of the first half of the year, the quotes will grow to $7,325.28. After that, ETH is expected to decline slightly to $6,774.66 by the end of August. In December 2028, the price will recover to $7,340.23.
Date |
Average, $ |
Least Possible Price, $ |
Best Possible Price, $ |
---|---|---|---|
31.01.2028 |
7,111.08 |
6,399.97 |
7,822.19 |
29.02.2028 |
7,338.07 |
6,604.26 |
8,071.88 |
31.03.2028 |
7,340.23 |
6,606.20 |
8,074.25 |
30.04.2028 |
6,592.08 |
5,932.87 |
7,251.29 |
31.05.2028 |
7,228.07 |
6,505.26 |
7,950.88 |
30.06.2028 |
7,325.28 |
6,592.75 |
8,057.81 |
31.07.2028 |
7,198.16 |
6,478.34 |
7,917.98 |
31.08.2028 |
6,774.66 |
6,097.20 |
7,452.13 |
30.09.2028 |
7,340.23 |
6,606.20 |
8,074.25 |
31.10.2028 |
7,340.23 |
6,606.20 |
8,074.25 |
30.11.2028 |
7,340.23 |
6,606.20 |
8,074.25 |
31.12.2028 |
7,340.23 |
6,606.20 |
8,074.25 |
CoinCodex
Price range in 2028: $4,797.03–$6,832.40 (as of 22.11.2024).
CoinCodex experts anticipate that Ether will be valued at approximately $4,935.97 at the beginning of 2028. In the first quarter, the ETHUSD crypto pair is projected to reach $6,123.46.
A significant decline to $5,742.19 is anticipated in April, followed by a brief recovery to $6,059.05 in June.
In September and October, experts project a further decline in the ETH value, with an expected range of $5,022.83 to $5,077.88. Nonetheless, the rate is projected to recover to $6,120.52 by the end of 2028.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2028 |
4,797.03 |
4,935.97 |
5,157.28 |
February 2028 |
4,877.75 |
5,350.76 |
5,934.35 |
March 2028 |
5,799.36 |
6,123.46 |
6,487.51 |
April 2028 |
5,489.76 |
5,742.19 |
6,093.32 |
May 2028 |
5,452.95 |
5,842.87 |
6,321.69 |
June 2028 |
5,880.78 |
6,059.05 |
6,290.03 |
July 2028 |
5,522.18 |
5,778.23 |
6,005.92 |
August 2028 |
5,522.18 |
5,778.23 |
6,005.92 |
September 2028 |
4,843.71 |
5,022.83 |
5,219.50 |
October 2028 |
4,926.04 |
5,077.88 |
5,239.37 |
November 2028 |
4,996.78 |
5,698.36 |
5,955.65 |
December 2028 |
5,867.49 |
6,120.52 |
6,832.40 |
Analysts forecast moderate growth of the ETHUSD rate in 2028, with a range of $6,120.52–$7,340.23. The most optimistic projection reflects potential growth to $14,631.00.
Analysts’ ETH Price Projections for 2029
Analysts offer mixed forecasts on the ETH exchange rate in 2029. Some anticipate a period of sustained growth, while others foresee a decline in the token’s value.
WalletInvestor
Price range in 2029: $1,411.71–$12,873.05 (as of 22.11.2024).
WalletInvestor estimates that the cryptocurrency’s average price will continue to rise, reaching $6,537.91 in early 2029 and $6,756.14 by the end of the first half of the year.
In December, ETH will trade in a wide range between $1,411.71 and $12,873.05, with an average price of $7,122.98 in early November.
Date |
Average, $ |
Minimum, $ |
Maximum, $ |
---|---|---|---|
01.01.2029 |
6,537.91 |
2,426.12 |
10,809.62 |
01.02.2029 |
6,584.49 |
2,326.36 |
10,939.71 |
01.03.2029 |
6,757.08 |
2,304.28 |
11,344.90 |
01.04.2029 |
6,863.40 |
2,284.34 |
11,500.10 |
01.05.2029 |
6,971.14 |
2,299.44 |
11,692.70 |
01.06.2029 |
6,919.74 |
2,054.23 |
11,974.10 |
01.07.2029 |
6,756.14 |
1,825.97 |
11,795.31 |
01.08.2029 |
6,885.53 |
1,798.26 |
12,171.53 |
01.09.2029 |
6,937.65 |
1,718.48 |
12,163.11 |
01.10.2029 |
6,901.69 |
1,458.09 |
12,377.59 |
10.11.2029 |
7,122.98 |
1,411.71 |
12,873.05 |
Gov Capital
Price range in 2029: $5,217.64–$8,074.25 (as of 22.11.2024).
According to Gov Capital, the average price of ETH will be $6,810.72 at the beginning of 2029. The rate may rise to $6,951.89 by mid-year.
By December, the value of the token will likely drop to $5,995.95.
Date |
Average, $ |
Least Possible Price, $ |
Best Possible Price, $ |
---|---|---|---|
31.01.2029 |
6,810.72 |
6,129.65 |
7,491.80 |
28.02.2029 |
7,261.80 |
6,535.62 |
7,987.98 |
31.03.2029 |
6,931.12 |
6,238.01 |
7,624.23 |
30.04.2029 |
6,179.55 |
5,561.60 |
6,797.51 |
31.05.2029 |
7,164.25 |
6,447.83 |
7,880.68 |
30.06.2029 |
6,951.89 |
6,256.70 |
7,647.08 |
31.07.2029 |
6,881.36 |
6,193.22 |
7,569.50 |
31.08.2029 |
5,797.37 |
5,217.64 |
6,377.11 |
30.09.2029 |
6,481.82 |
5,833.64 |
7,130.01 |
31.10.2029 |
7,340.23 |
6,606.20 |
8,074.25 |
11.11.2029 |
5,995.95 |
5,396.35 |
6,595.54 |
CoinCodex
Price range in 2029: $6,620.61–$12,033.00 (as of 22.11.2024).
The analytical portal CoinCodex gives a highly optimistic forecast for ETH for 2029. By the middle of the year, the price of the coin can grow to the level of $8,294.76.
In the second half of the year, ETH quotes will continue to rise to $10,783.00 in December. The yearly high is expected to stand around $12,033.00.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2029 |
6,620.61 |
7,028.06 |
7,572.40 |
February 2029 |
7,136.83 |
7,534.25 |
7,919.62 |
March 2029 |
7,416.34 |
7,755.29 |
8,117.15 |
April 2029 |
8,135.23 |
8,897.62 |
10,501.00 |
May 2029 |
8,215.77 |
9,413.49 |
11,056.00 |
June 2029 |
7,679.73 |
8,294.76 |
8,804.79 |
July 2029 |
7,645.35 |
8,354.76 |
9,566.42 |
August 2029 |
9,516.35 |
9,949.75 |
10,812.00 |
September 2029 |
9,277.84 |
9,822.15 |
10,318.00 |
October 2029 |
10,175.00 |
11,006.00 |
11,889.00 |
November 2029 |
11,027.00 |
11,477.00 |
12,033.00 |
December 2029 |
9,994.25 |
10,783.00 |
11,386.00 |
Changelly
Price range in 2029: $10,940.00–$18,603.00 (as of 22.11.2024).
Changelly analysts forecast a bullish trend for Ether’s price. In early 2029, the rate will fluctuate near $11,331.17. By the middle of the year, the value is expected to rise to $13,392.00.
By the end of the year, the average price of the cryptocurrency may soar to $15,865.00.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2029 |
10,940.00 |
11,331.17 |
13,534.75 |
February 2029 |
11,348.00 |
11,743.33 |
13,995.50 |
March 2029 |
11,756.00 |
12,155.50 |
14,456.25 |
April 2029 |
12,164.00 |
12,567.67 |
14,917.00 |
May 2029 |
12,572.00 |
12,979.83 |
15,377.75 |
June 2029 |
12,980.00 |
13,392.00 |
15,838.50 |
July 2029 |
13,388.00 |
13,804.17 |
16,299.25 |
August 2029 |
13,796.00 |
14,216.33 |
16,760.00 |
September 2029 |
14,204.00 |
14,628.50 |
17,220.75 |
October 2029 |
14,612.00 |
15,040.67 |
17,681.50 |
November 2029 |
15,020.00 |
15,452.83 |
18,142.25 |
December 2029 |
15,428.00 |
15,865.00 |
18,603.00 |
Most analytical agencies forecast the value of ETH to rise from $7,122.98 to $15,865.00 by the end of 2029. Meanwhile, some experts anticipate the ETH price to decline to $5,995.95 by the end of December 2029.
Analysts’ ETH Price Projections for 2030
Experts foresee an unprecedented surge in the price of ETH in 2030.
DigitalCoinPrice
Price range in 2030: $22,137.67–$24,442.08 (as of 22.11.2024).
According to DigitalCoinPrice, the average value of the digital asset will trade near $22,409.15 at the beginning of 2030.
By mid-year, it is expected to climb to $22,960.82, and by the end of the year, it will reach $23,207.52.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2030 |
22,184.20 |
22,409.15 |
23,243.73 |
February 2030 |
22,143.63 |
22,761.76 |
23,923.47 |
March 2030 |
22,279.10 |
22,794.09 |
24,442.08 |
April 2030 |
22,237.23 |
22,945.25 |
24,097.95 |
May 2030 |
22,274.68 |
22,343.60 |
23,525.11 |
June 2030 |
22,257.29 |
22,364.05 |
23,331.94 |
July 2030 |
22,260.27 |
22,960.82 |
23,639.73 |
August 2030 |
22,200.23 |
22,842.60 |
23,320.38 |
September 2030 |
22,207.41 |
23,233.15 |
23,633.04 |
October 2030 |
22,137.67 |
22,246.27 |
23,294.63 |
November 2030 |
22,232.03 |
22,419.15 |
23,251.01 |
December 2030 |
22,174.59 |
23,207.52 |
23,806.96 |
Changelly
Price range in 2030: $16,092.58–$26,536.00 (as of 22.11.2024).
Changelly estimates that the price of ETH will increase to $16,559.25 by early 2030.
By the end of the first half of the year, the token’s value could rise to $20,030.50, and by December, it is expected to rise to $24,196.00. The yearly high is projected to reach $26,536.00.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2030 |
16,092.58 |
16,559.25 |
19,264.08 |
February 2030 |
16,757.17 |
17,253.50 |
19,925.17 |
March 2030 |
17,421.75 |
17,947.75 |
20,586.25 |
April 2030 |
18,086.33 |
18,642.00 |
21,247.33 |
May 2030 |
18,750.92 |
19,336.25 |
21,908.42 |
June 2030 |
19,415.50 |
20,030.50 |
22,569.50 |
July 2030 |
20,080.08 |
20,724.75 |
23,230.58 |
August 2030 |
20,744.67 |
21,419.00 |
23,891.67 |
September 2030 |
21,409.25 |
22,113.25 |
24,552.75 |
October 2030 |
22,073.83 |
22,807.50 |
25,213.83 |
November 2030 |
22,738.42 |
23,501.75 |
25,874.92 |
December 2030 |
23,403.00 |
24,196.00 |
26,536.00 |
CoinCodex
Price range in 2030: $6,553.43–$10,163.00 (as of 22.11.2024).
CoinCodex experts forecast that the ETHUSD rate will grow in the first four months of 2030. During this period, the asset will trade in the range of $9,203.98–$9,474.53.
Since May and until the end of the year, experts anticipate the price to decline to $6,850.67.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2030 |
8,537.74 |
9,280.82 |
9,924.13 |
February 2030 |
8,689.23 |
9,203.98 |
9,686.81 |
March 2030 |
8,809.18 |
9,474.53 |
10,163.00 |
April 2030 |
8,983.11 |
9,404.03 |
9,827.36 |
May 2030 |
7,657.69 |
7,983.59 |
8,830.17 |
June 2030 |
6,553.43 |
6,861.04 |
7,706.86 |
July 2030 |
6,623.71 |
7,202.51 |
7,576.91 |
August 2030 |
7,246.46 |
7,543.89 |
7,973.03 |
September 2030 |
6,961.26 |
7,175.80 |
7,653.54 |
October 2030 |
6,922.19 |
7,122.42 |
7,449.92 |
November 2030 |
6,676.91 |
6,871.05 |
7,356.93 |
December 2030 |
6,783.40 |
6,850.67 |
6,986.06 |
PricePredictions
Price range in 2030: $16,509.00–$29,008.00 (as of 22.11.2024).
PricePredictions assumes that the average price of ETH will be $18,247.00 in early 2030.
By the middle of the year, ETH quotes may reach $20,743.00 and $24,763.00 by December.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
---|---|---|---|
January 2030 |
16,509.00 |
18,247.00 |
18,768.00 |
February 2030 |
17,743.00 |
18,612.00 |
19,498.00 |
March 2030 |
18,475.00 |
19,170.00 |
20,429.00 |
April 2030 |
18,859.00 |
19,554.00 |
21,196.00 |
May 2030 |
19,076.00 |
19,945.00 |
22,173.00 |
June 2030 |
20,048.00 |
20,743.00 |
23,171.00 |
July 2030 |
20,670.00 |
21,365.00 |
24,000.00 |
August 2030 |
20,923.00 |
21,792.00 |
24,855.00 |
September 2030 |
21,969.00 |
22,664.00 |
25,727.00 |
October 2030 |
22,475.00 |
23,344.00 |
26,860.00 |
November 2030 |
23,409.00 |
24,278.00 |
27,794.00 |
December 2030 |
23,894.00 |
24,763.00 |
29,008.00 |
Most analytical agencies project that the value of ETH will reach $23,207.52–$24,763.00 by the end of 2030. However, some experts anticipate a decline in the rate to $6,850.67.
Analysts’ ETH Price Projections until 2050
Long-term forecasts of the cryptocurrency value rate are roughly approximate and may change due to various fundamental factors. Nevertheless, such forecasts allow determining the general sentiment and expectations of market participants for the long-term prospects.
Changelly
According to Changelly‘s long-term forecasts, the value of ETH could reach $72,087.00 by the end of 2033.
By the end of 2040, experts predict the average value of ETH to be around $108,130.00. In 2050, the Ether price could rise to $142,011.00.
CoinCodex
According to analysts at Coincodex, the value of the Ether cryptocurrency may soar to $30,803.00 by 2040.
Between 2040 and 2050, the trading instrument can significantly increase to $97,822.00–$100,687.00.
PricePredictions
PricePredictions project that the value of the digital asset could surge to $73,061.00 by 2033.
By 2040, the bullish trend will continue to $108,861.00. In 2050, the price may soar to $139,547.00.
TradersUnion
TradersUnion experts are also confident that the upward trend will continue in the long term. The value of the cryptocurrency may grow to $22,675.84 by 2033.
Between 2030 and 2040, the asset’s price may spike to $101,479.12.
Year |
Changelly |
PricePredictions |
Coincodex |
TradersUnion |
---|---|---|---|---|
2033 |
$72,087.00 |
$73,061.00 |
– |
$22,675.84 |
2040 |
$108,130.00 |
$108,861.00 |
$30,803.00 |
$101,479.12 |
2050 |
$142,011.00 |
$139,547.00 |
$97,822.00 |
– |
According to experts, the cryptocurrency will trade between $30,803.00 and $108,861.00 by 2040, maintaining a bullish trend. However, the asset may face high volatility.
By 2050, according to the most pessimistic forecasts, ETH quotes can grow to $97,822.00. More optimistic expectations suggest growth to $142,011.00.
Market Sentiment for ETH (Ethereum) on Social Media
Media sentiment (social media sentiment) is an indicator that reflects the position of users on social platforms regarding a certain asset. This indicator allows us to identify current trader sentiment and potential trends.
According to the GoogleTrends portal, searches for Ethereum on the web and YouTube have grown significantly over the past month. Currently, the interest level is in the range of 58-100, which is a fairly high figure.
The Cryptocurrency Fear and Greed Index is at 83, which is extreme greed. This signals that the asset has prerequisites for further growth, but a short-term correction is not ruled out.
The sentiment of market participants on the social network X.
@AliD_Dawas predicts the ETH exchange rate to soar amid substantial investments by BlackRock ($286 million) and Fidelity ($197 million) in Ethereum ETFs.
@BullishBanterS notes that the value of ETH could increase by 18.88% in the next 90 days to $3,702.72.
@CanuckInvesting stresses that BTC is reaching new all-time highs while ETH and other altcoins are barely growing. Therefore, the expert anticipates the BTC growth rate to slow in November and ETH and other crypto assets to soar in December.
As we can see, most traders expect the ETHUSD pair to post gains.
ETH Price History
Ethereum (ETH) reached its all-time high of $4864.13 on 2021-11-10.
The lowest price of Ethereum (ETH) was recorded on 2018-12-07 when the token declined to $81.2.
Below is a chart of the ETHUSD, displaying the pair’s performance over the last ten years. It is important to evaluate historical data to make our forecasts as accurate as possible.
Due to the immaturity and high volatility of the cryptocurrency market, it is crucial to analyze ETH’s historical price trends before trading the crypto.
Due to the immaturity and high volatility of the cryptocurrency market, it is important to analyze its historical price trends when trading ETH.
Ethereum saw a sharp rise to $947.44 at the end of 2017 due to the hardfork and the conclusion of a partnership between Vnesheconombank and the Ethereum Foundation in August 2017, according to which joint projects will be implemented using blockchain technology and the Ethereum platform.
However, the bullish sentiment did not last long. In early 2018, after hitting an all-time high of $1,414.90, the value of the asset began to decline against the backdrop of massive ETH sales by a number of blockchain startups after entering the market: EOS, Autonomy, AppCoins, etc. The slump was also caused by a hacker spam attack on the blockchain in July 2018. In addition, the sharp increase in gas fees to $1 reduced the number of transactions on the network from 1.4 million to 500,000.
In 2019, the ETH rate was trading in the range of $98.97–$362.03.
Since July 2020, the cryptocurrency began to grow in value thanks to the upcoming transition of the Ethereum 2.0 network. Another growth factor was the popularity of emerging DeFi projects based on the Ethereum blockchain. The number of transactions within the network began to grow intensively, which had a positive impact on the value of the cryptocurrency.
During 2021, the Ethereum price rose by a record 437% to an all-time high of $4,863.93, facilitated by the bullish sentiment in the crypto market, as well as the growing popularity of NFT projects based on the Ethereum blockchain. Another reason for the rapid growth was the network upgrade. The London hard fork has changed the principle of Ethereum’s operation. After the upgrade, a part of the commission fee is burned during transaction processing. In September 2021, the number of burned ETH exceeded the total number of mined coins for the first time. The deflationary mechanism contributed to the growth of the ETH rate.
At the end of 2021, the bearish trend in the broader cryptocurrency market began. In December, the price of ETH plummeted to $3,394.62.
In 2022, the bearish trend intensified. In June, the ETH price collapsed to $881.94 mainly due to the tightening of central banks’ monetary policies amid skyrocketing global inflation.
In addition, the conflict in Eastern Europe unfolded, prompting investors to avoid risky assets. Money flowed into more conservative instruments such as precious metals and real estate.
Between January and November 2023, the price of ETH fluctuated in the range of $1,236.00–$2,140.46. In December, quotes broke out of a prolonged flat and began to grow amid rumors about the launch of Ethereum ETF in 2024, which would facilitate the inflow of large liquidity from institutional funds.
In early 2024, the ETH exchange rate continued to appreciate, especially after the approval of the first Bitcoin ETF. In May, the value of the digital asset exceeded $4,000.00 for the first time since December 2021. The growth has been fueled by ETH’s growing popularity among investors and projects within the Ethereum blockchain.
However, the ETH price failed to remain high for long. Between March and August 2024, the value of the asset declined to $2,111.00 against the backdrop of another network upgrade in March. Also, after the launch of the Ethereum ETF in July, Grayscale’s Ethereum Trust began to run out of funds, which also hurt the token’s value.
Since mid-September, ETH has strengthened again as BTC posted all-time highs. Another growth factor was Donald Trump’s victory in the US presidential election. The president-elect has pledged to support the cryptocurrency business and mining companies.
ETH Rate Fundamental Analysis
Examining the main factors that affect the ETHUSD pair’s rate is key when making trading decisions.
What Factors Affect the ETH Price?
- Impact of BTC. The ETH rate is directly related to the value of the dominant cryptocurrency.
- Partnership agreements. Project Liberty recently announced a potential partnership with Ethereum to enhance the decentralized social networking ecosystem. This partnership aims to give users more control over their data and increase transaction speeds.
- Embracing and implementing new technologies. The modernization of the Ethereum blockchain and the elimination of vulnerabilities and bugs boost the ETH exchange rate.
- Speculation in the market. There is still no reliable mechanism to control the cryptocurrency market. Therefore, ETH is vulnerable to the influence of large traders. A 5–10% drop in the token price is possible, which can cause panic in the market.
- Investment appeal. Greater interest in the Ethereum blockchain on the part of large financial institutions is expected to spur the value of the digital asset.
- Security and reliability of the platform. Hacker attacks, hacking of wallets, and theft of funds can lead to a decrease in the cryptocurrency price.
- News background. Listing of Ethereum on various trading platforms and various statements from developers and analysts can significantly affect the coin’s rate.
- Government policy. Recognition of ETH by state authorities, as well as the introduction of regulations for cryptocurrencies, is a key factor in the analysis of the ETH rate. Donald Trump’s victory in the US presidential election has proved it as the president-elect promised to support the crypto industry.
- Impact of monetary policy. The recent interest rate cut by the US Federal Reserve has led to an increase in the popularity of riskier assets, including cryptocurrencies.
More Facts About ETH
Ethereum is an open-source decentralized network based on smart contracts.
Ether (ETH), the native digital currency of the Ethereum blockchain, has the second largest market capitalization following BTC.
Ethereum users are known as nodes, which store network data on different servers. This makes the network more secure against malware attacks.
Ethereum is not only a crypto asset but also a large platform for creating decentralized applications (DApps) and exchanges (DEX).
The platform’s consensus algorithm, which switched to Proof-of-Stake (PoS) in 2022, provides greater energy efficiency and network security than the Proof-of-Work mechanism. Ethereum’s multi-purpose structure has made it the foundation for many other crypto projects, increasing ETH’s popularity among investors.
The Ethereum platform is used in a variety of applications:
- Decentralized finance (DeFi) refers to financial services powered by blockchain technology, enabling transactions without intermediaries like banks.
- Non-fungible tokens (NFT) are unique digital assets validated by blockchain technology.
- Creation of blockchain-based computer games that employ tradable game assets.
- Decentralized Autonomous Organizations (DAOs) are businesses or organizations that operate without a central authority. All decisions are made through a voting and execution system via smart contracts.
- The Ethereum platform can be used to create decentralized identity systems.
- Supply chain tracking. Companies use the platform to track the production and delivery of products.
ETH is listed on many global cryptocurrency exchanges where it can be converted into fiat currencies like USD, EUR, and others.
Advantages and Disadvantages of Investing in ETH
Let’s delve into the pros and cons of investing in ETH.
Advantages
- Deflationary mechanism. The protocol burns a part of the transaction fee, reducing the overall supply of ETH in the market. In the long run, the asset’s value will likely appreciate.
- Ecosystem development. The Ethereum blockchain takes a leading position due to the introduction of innovations. In particular, the transition to Ethereum 2.0 has significantly improved the scalability, energy efficiency, and security of the platform. The Ethereum ecosystem is multi-faceted and highly technical, making it attractive to new developers and businesses. This development could have a positive impact on the price of ETH in the long term.
- Versatility and flexibility of the Ethereum network. The blockchain offers a wide range of features: smart contracts, non-fungible tokens (NFT), decentralized finance (DeFi), decentralized applications (DApps), etc. This variety of opportunities makes ETH a unique and attractive investment compared to other cryptocurrencies.
- Prospect of high returns. Early investors in ETH have generated hefty returns. Given the plans to develop the ecosystem and the growing popularity of Ethereum, there is a high probability that ETH will continue to grow. Nevertheless, it is important to follow the rules of risk management and consider all factors when investing in cryptocurrencies.
Disadvantages
- Scalability issues. Despite updates in the Ethereum 2.0 network, transaction speeds are still slow compared to the newer Solana and Avalanche blockchains. In addition, higher fees when the network gets overloaded make Ethereum less attractive.
- High volatility. The exchange rate of ETH can vary widely, leading to both high profits and large losses. Therefore, such investments are not suitable for all investors.
- Lack of regulation of the cryptocurrency market. The regulatory framework is still in development. Any changes in the regulation of cryptocurrencies may affect the ETH value.
- High competition from other blockchains. The Ethereum platform was the first in the market to offer smart contracts. However, Solana, Cardano, and Binance Smart Chain projects offer similar features with lower fees and faster transaction processing speeds. Therefore, Ethereum may lose a significant market share in the future.
How We Make Forecasts
We use various methods in predicting the ETH exchange rate in the short and long term.
1. Fundamental analysis:
- analysis and assessment of expert forecasts;
- monitoring statements on the development of the platform received from developers and the CEO;
- tracking the BTC exchange rate; as a rule, ETH and other altcoins react acutely to fluctuations in the dominant cryptocurrency;
- the supply and demand ratio of coins in the market;
- planned updates to the Ethereum network;
- assessment of news background and events related to ETH;
- assessment of geopolitical and macroeconomic factors affecting the cryptocurrency market.
2. Market sentiment analysis, the Fear and Greed indicator, and social media sentiment assessment.
3. Technical analysis:
- analysis of technical indicators, enabling you to track current trends in ETH, gauge their strength, as well as identify optimal buy and sell areas;
- candlestick and chart analysis, which can be used to determine imminent market developments in advance.
Conclusion: Is ETH a Good Investment?
Investing in ETH entails both inherent risks and promising financial opportunities. Despite the intensive development of the Ethereum blockchain and its growing popularity, the platform is exposed to certain competitive and legislative risks.
Analysts anticipate that the value of the cryptocurrency will experience a notable increase over the next 12–14 months, potentially reaching a new all-time high. Consequently, analysts forecast that ETH will reach a value of between $7,223.05 and $8,232.65 by the end of 2025.
Ethereum’s enhanced network capacity and accelerated transaction speeds have the potential to propel the platform to a new level, strengthening its competitive edge in the market. Furthermore, it has the potential to attract a greater number of new developers and companies.
There has been growing interest from large institutional investors in Ethereum. This could provide a significant boost to the cryptocurrency’s market standing, leading to a sustainable growth trajectory for the ETH exchange rate over the long term.
Prior to investing in ETH, it is essential to be informed of all market developments, conduct a comprehensive analysis, and evaluate potential risks.
ETH Price Prediction FAQ
The current ETH price is $3 343.73.
According to various estimates, the value of ETH may increase to $7,223.05–$8,232.65 over the next year. Moderate forecasts include a gradual growth to $4,048.85 by the end of December 2025. On the contrary, some experts project the price to decline to $2,691.00.
Analysts give different forecasts regarding the projected rate of the asset in 2026 vary significantly. Several experts predict growth to a range of $4,844.33 to $6,332.12. More optimistic projections anticipate unprecedented growth, reaching as high as $9,642.00. In the event that negative forecasts prove accurate, the price of the asset is likely to fall to $2,147.00.
Most experts anticipate that the price of Ether will range between $23,207.52 and $24,763.00 in 2030. More conservative experts suggest that the average value of the asset will hover near $6,850.67.
Various analytical agencies give highly optimistic forecasts for the ETHUSD pair in 2040–2050. The asset’s value may reach $139,547.00–$142,011.00 per token.
Ethereum 2.0 refers to a number of upgrades to the Ethereum blockchain. These improvements should address network congestion, scalability, energy efficiency, security, and availability of the platform. By transitioning to Ethereum 2.0, the blockchain was able to reduce energy consumption by 99.95% and the average block processing time was reduced to about 12 seconds.
According to experts, ETH has the potential to surge to $50,000.00 and higher. Analysts forecast the value to rise to $51,484.00–$51,785.00 by 2033.
Historically, ETH has proven to be a sound investment. The development of the ecosystem, popularity among retail and institutional investors, regular network updates, and other factors provide a solid foundation for the long-term growth of the asset’s value. Many experts believe that the price of the trading instrument could reach $100,000.00–$150,000.00 per coin by 2050.
Price chart of ETHUSD in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
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