Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?
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Key takeaways
- Our Ethereum price prediction anticipates a high of $5,064.63 by the end of 2024.
- In 2025, it will range between $5,044.68, and $6,078.17, with an average price of $5,973.21.
- In 2030, it will range between $15,825.07, and $17,361.45, with an average price of $16,502.73.
The Ethereum blockchain is accessible to everyone, and built to support scalability, programmability, security, and decentralization, allowing for the creation of any secure digital technology. Its native digital currency, ether (ETH), and its smart contracts have 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 | $2,601.92 |
| Market Cap | $313.23B |
| Trading Volume | $19.07B |
| Circulating Supply | 120.39M ETH |
| All-time High | $4891.70 on Nov 15, 2021 |
| All-time Low | $0.4209 on Oct 21, 2015 |
| 24 High | $2,652.88 |
| 24 Low | $2,545.75 |
Ethereum price prediction: Technical analysis
| Metric | Value |
| Volatility | 4.58% |
| 50-day SMA | $ 2,501.06 |
| 200-day SMA | $ 3,058.33 |
| Sentiment | Neutral |
| Fear and Greed Index | 65(Greed) |
| Green days | 16/30 (53%) |
Ethereum price analysis
ETH/USD 1-day chart
On October 15, the 1-day Ethereum (ETH/USD) chart shows strong bullish momentum, with the price at $2,673, up by 1.66%. The RSI is currently at 63.16, indicating increased buying strength, in the overbought zone. The Bollinger Bands show the price nearing the upper band at $2,734.7, which acts as potential resistance. The lower band is at $2,264.5, suggesting a strong support level. A breakout above $2,734.7 could see ETH continuing its uptrend. However, failure to break this resistance might lead to a correction toward the $2,499.6 20-day SMA.
ETH/USD 4-hour chart analysis
The 4-hour Ethereum (ETH/USD) chart shows a bullish momentum with the price currently at $2,656.1, up by 2.81%. The Balance of Power (BoP) is at 0.91, indicating strong buying pressure. The MACD histogram shows positive divergence, with the MACD line crossing above the signal line, further reinforcing the bullish sentiment. A recent bounce near the $2,600 level confirms a strong support zone, and the next resistance level is at $2,700. If bullish pressure sustains, ETH could test this resistance, but any failure to hold above $2,650 may result in a retest of the $2,600 level.
Ethereum technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 2,557.23 | BUY |
| SMA 5 | 2,501.34 | BUY |
| SMA 10 | 2,470.30 | BUY |
| SMA 21 | 2,569.79 | BUY |
| SMA 50 | 2,501.06 | BUY |
| SMA 100 | 2,731.47 | SELL |
| SMA 200 | 3,058.33 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 2,483.03 | BUY |
| EMA 5 | 2,498.29 | BUY |
| EMA 10 | 2,538.02 | BUY |
| EMA 21 | 2,640.79 | SELL |
| EMA 50 | 2,878.09 | SELL |
| EMA 100 | 3,051.32 | SELL |
| EMA 200 | 3,024.15 | SELL |
What can you expect from ETH price analysis next?
Based on the 1-day and 4-hour Ethereum charts, bullish momentum is present. The 1-day chart shows the price nearing resistance at $2,734.7, with the RSI at 63.16, indicating overbought territory. This suggests there could be further upward movement. The 4-hour chart supports this outlook, with the Balance of Power at 0.91 indicating strong buying pressure, and the MACD showing a bullish crossover. If ETH breaks above $2,734.7, the price could continue its uptrend. However, a failure to break this resistance may lead to a pullback towards the $2,600 level for consolidation.
Is ETH a good investment?
Ethereum is the largest DeFi hub with a vibrant layer-two ecosystem in the crypto market. The blockchain constantly develops, making it a go-to choice for many web3 developers. ETH, its native token, shows promise, and the possibility of an Ethereum ETF approval makes it favorable for day traders. Over the long term, explore our price predictions.
Why is ETH down?
Ethereum (ETH) is currently down due to a combination of market corrections, underperformance compared to Bitcoin, and weaker Ethereum ETFs inflows, leading to decreased investor confidence and demand
Will ETH reach $5,000?
ETH will join the rally if the broader cryptocurrency market turns bullish. As the coin runs mostly on positive developments in its ecosystem, it is expected to touch this level by the end of 2024.
Will ETH reach $20,000?
Considering Ethereum’s current value of $20,000, it is still a far-reaching target. However, the robust community support and favoritism for this specific coin can push it to the $20,000 level by 2029.
Will ETH reach $25,000?
Despite the risk involved with crypto pairs like Ethereum, they can still shoot up on positive momentum. The market speculates that Ethereum will reach the $25,000 level by 2033. Though the time is considerable, it is worth holding for handsome profits.
Does Ethereum have a good long-term future?
Most well-known altcoins are trading at lower levels, but ETH is trading above its average price of the last two years. However, a positive outbreak can be expected. The ETH/USD pair is expected to reach the $25,000 mark by 2030, so holding it longer can be beneficial.
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Ethereum price prediction October 2024
The Ethereum price is likely to remain stable throughout October. It is currently trading at $2,346.81 which is speculated to be the average monthly price.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| October 2024 | $ 2,346.81 | $ 2,346.81 | $2,346.81 |
Ethereum price prediction 2024
By 2024, Ethereum’s average market price is expected to be $4,093.42, with a potential low of $2,099.48, and a potential high of $5,064.63.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $2,099.48 | $4,093.42 | $5,064.63 |
Ethereum price predictions 2025 – 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $5,044.68 | $5,973.21 | $6,078.17 |
| 2026 | $6,923.09 | $8,284.60 | $8,523.10 |
| 2027 | $9.024.57 | $10,607.51 | $10,659.57 |
| 2028 | $9.024.57 | $10,607.51 | $10,659.57 |
| 2029 | $11,124.66 | $12,072.47 | $12,772.96 |
| 2030 | $15,825.07 | $16,502.73 | $17,361.45 |
Ethereum price prediction 2025
Ethereum network is expected to continue its upward trend in 2025, potentially reaching an all-time high of $6,078.17. However, there could be fluctuations, and the ETH coin price might dip to $5,044.68 , with an average price of around $5,973.21
Ethereum price prediction 2026
The Ethereum market price is expected to peak at $8,523.10. However, it might fall to $6,923.09 with an average of $8,284.60.
Ethereum price prediction 2027
The forecast speculated that ETH might hit a new all-time high of $10,659.57 by 2027. On the lower end, corrections may pull the price to $9,024.57, with an expected average trading price of around $10,607.51.
ETH price prediction 2028
In 2028, Ethereum’s market price might stabilize at $10,659.57 while maintaining the same average trading price of around $10,607.51, the same as in 2027.
Ethereum price prediction 2029
Ethereum is expected to reach an all-time high of $12,772.96 by 2029. However, it could fall to $11,124.66, with an average price of $12,072.47.
Ethereum price prediction 2030
At the end of this decade, 2030, Ethereum is projected to hit a high of $17,361.45. In the event of a price correction, it could drop to $15,825.07, with an average of $16,502.73.
Ethereum market price prediction: Analysts’ ETH price forecast
| Firm Name | 2024 | 2025 |
| PricePrediction | $3,121 | $4,995 |
| CryptoPredictions | $3,128.982 | $2,919.845 |
Cryptopolitan’s Ethereum price prediction
At Cryptopolitan, we maintain a positive outlook on Ethereum’s future price, based on historical trends and market sentiment. By the end of 2024, Ethereum could reach a maximum price of $5,064.63, with a minimum of $2,099.48, while the average price is projected to be around $4,093.42.
Ethereum historic price sentiment
Ethereum’s price history from March 13, 2016, reflects a dynamic and often volatile journey. On that date, Ethereum was trading at approximately $1.83, marking the beginning of a gradual climb. By June 16, 2016, Ethereum’s market capitalization surpassed $1 billion, with its price spiking to $14.48. However, just two days later, on June 18, the price crashed by over 45% to $11.33 following the DAO hack, resulting in a substantial loss of $50 million. By December 5, after a hard fork in response to the hack, the price had dropped further to $6.83.
In 2017, Ethereum saw significant recovery and growth. By March 16, prices rebounded to around $46.35, driven by enterprise adoption news. The price continued to rise, reaching $401.49 by June 12 amid an ICO boom but faced a drop to $157.36 by July 16 due to concerns over a crypto bubble. By September 15, it recovered to $253.
In 2018, Ethereum broke the $1,000 mark in January but slid down to $91.01 by December. Throughout 2020, prices fluctuated between a high of $735 and a low of around $130. The following year, 2021, marked significant growth for Ethereum, starting at $737 and peaking at approximately $4,293.56, before ending the year at around $3,679.01.
The volatility continued into 2022, with prices dropping to about $1,196 by year-end. In early 2023, Ethereum started around $2,539, experiencing minor fluctuations before declining gradually to about $2,237 in January 2024. By March 2024, prices surged briefly to around $3,595, stabilizing around $3,117 in early May before trading at approximately $3,368.89 in late June and dropping to around $2,458.90 by August 27, showcasing the ongoing volatility of the cryptocurrency market.
On September 28, the price of Ethereum was recorded at $2,677.63, with a 24-hour trading volume of $11.13 billion. By October 3, 2024, the price had dropped to $2,351.61, with a significant rise in trading volume to $21.20 billion.This suggests heightened market activity despite the price decline over the period.
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