Ethereum price prediction 2024-2030: Will ETH reach $8000 soon?
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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
| Cryptocurrency | Ethereum |
| Token | ETH |
| Price | $3,503 |
| Market Cap | $428,308,760,700 |
| Trading Volume | $9,040,137,759 |
| Circulating Supply | 122,276,217 |
| 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
| Volatility | 3.13% |
| 50-Day SMA | $3,443 |
| 200-Day SMA | $2,974 |
| Sentiment | Bearish |
| Fear & Greed Index | 53 (Greed) |
| Gren days | 14/30 (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)
| Period | Value | Action |
| SMA 3 | 3612 | SELL |
| SMA 5 | 3570 | SELL |
| SMA 10 | 3556 | SELL |
| SMA 21 | 3568 | SELL |
| SMA 50 | 3443 | BUY |
| SMA 100 | 3385 | BUY |
| SMA 200 | 2975 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | 3649 | SELL |
| EMA 5 | 3688 | SELL |
| EMA 10 | 3692 | SELL |
| EMA 21 | 3578 | SELL |
| EMA 50 | 3409 | BUY |
| EMA 100 | 3252 | BUY |
| EMA 200 | 2942 | BUY |
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 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 $3498.
| Price Prediction | Potential Low ($) | 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 $5000 mark, it could amplify the bullish trend into 2024.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $2,849.03 | $6,634.13 | $6,899.11 |
Ethereum price prediction 2025 – 2030
| Year | Potential Low ($) | 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 Name | 2024 | 2025 |
| 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
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