The post Ethereum Price Prediction 2024 – 2030: Will $ETH Hit $5,000? appeared first on Coinpedia Fintech News
Story Highlights
- The live price of the ETH token is $ N/A.
- Ethereum tokens with a potential high could reach $5000 by the end of 2024.
- With a potential high, the ETH price could reach a high of $15,575 by 2030.
As Bitcoin inches closer to the $69k mark, the crypto market has crossed the $2.3T mark. Further, with a bullish recovery over the weekends, Ethereum reclaims the $2500 mark.
Will this reversal rally lead Ethereum to a new 52-week high or hit $5,000 by the end of 2024? Read our Ethereum Price Prediction now to determine the upcoming price targets.
Overview
Cryptocurrency | ETH |
Token | BTC |
Price | $ N/A Error: Unable to fetch data from API. |
Market cap | $ N/A |
Circulating Supply | 0.00 |
Trading Volume | $ N/A |
All-time high | $4867 |
All-time low | $0.15 |
24 High | Coming soon |
24 Low | Coming Soon |
*The statistics are from press time.
ETH Price Prediction November 2024
With the Ethereum price retesting the short-term support trendline, the bulls maintain a higher low trend formation. Currently, the bounceback from the trendline challenges the 50-day EMA.
Forming three consecutive bullish candles, the ETH price has increased by ~4% and is trading at $2526. As the biggest altcoin sustains dominance above the psychological mark of $2500, the ETH price nears the 23.60% Fibonacci level at $2582.
As the Bitcoin price nears $69k, the ETH price is ready for a bullish comeback. With the buyers anticipating a breakout run, the uptrend can aim for the price targets of $2,880 and $3,103. On the flip side, the support at $2582 stands solid.
Month | Potential Low ($) | Average Price ($) | Potential High ($) |
November 2024 | 2582 | 2842 | 3103 |
Ethereum ETFs Nears End of Volatility
Compared to the initial weeks of massive net outflows of $9.24 billion and $8.33 billion, the U.S. spot Ethereum ETFs have nearly stabilized. Despite the daily volatility, the weekly trend shows a net outflow in the ETFs.
With only three positive weeks since its inception, the U.S. spot Ethereum ETFs witnessed an outflow of $24.45 million last week. Currently, the largest player in the Ethereum spot ETF space is Grayscale with $3.95 billion worth of Ethereum under their holding, followed by BlackRock with $1.09 billion and Grayscale’s mini trust with $975.53 million.
Ethereum Price Prediction 2024
Bouncing from the psychological barrier of $1,000 in November 2022, Ethereum’s uptrend continues despite the recent pullback to $2150. Despite the Ethereum ETFs witnessing massive outflows, the bulls gradually take over trend control as the broader market recovers. Furthermore, with the whales making a comeback for Ethereum, as a smart whale buys 5000 ETH, the altcoin will likely bounce back.
Hence, by the end of 2024, the Ethereum price could reach the $5,000 mark if inflows remain positive and BTC hits $100,000. On the flip side, the $2150 is expected to hold off supply surges ahead in 2024, making an average of $3525.
Year | Potential Low | Average Price | Potential High |
2024 | $2150 | $3525 | $5000 |
Ethereum Price Prediction 2025
In like fashion, Ethereum, the second-largest cryptocurrency, is expected to maintain its upward trajectory and form higher highs in 2025. Moreover, with increased adoption and the demand for ETH, the ETH coin price can create a new all-time high of $6,925.
However, on the flip side, the ETH coin price can dip to $2,917, with an average ETH price of $3,392.5.
Year | Potential Low | Average Price | Potential High |
2025 | $2917 | $3392.5 | $6925 |
Also, read our Bitcoin (BTC) Price Prediction 2024-2030
Ethereum Price Prediction 2026 – 2030
Year | Potential Low | Average Price | Potential High |
2026 | $5,566.77 | $5,713.12 | $6,610.75 |
2027 | $6,800.10 | $7,246.74 | $8,705.44 |
2028 | $8,613.01 | $9,482.48 | $10,410.87 |
2029 | $10,192.00 | $11,010.77 | $12,994.32 |
2030 | $12,647.23 | $14,163.01 | $15,575.21 |
ETH Price Targets 2026
By 2026, the Ethereum coin price is expected to reach a high of $6,610.75. On the other hand, the ETH price might drop to $5,566.77, with an average of $5,713.12.
Ethereum Price Prediction 2027
The Ethereum 2027 forecast expects the ETH coin price to make a new all-time high at $8,705.44. However, a correction based on market shortcomings may drive the ETH crypto to $6,800.10, with an average of $7,246.74.
ETH Price Prediction 2028
In 2028, the chances of Ethereum dominating the crypto market rise as the ETH coin price potentially makes a new high at $10,410.87. On the other hand, the altcoin might fall to $8,613.01, making an average of $9,482.48.
ETH Price Forecast 2029
Approaching its all-time high of $12,994.32 in 2029, the Ethereum price is expected to surpass the psychological barrier of $12,000.00. In case of a correction, $ETH may reach a low of $10,192.00, with an average price of $11,010.77.
Ethereum Price Prediction 2030
The ETH crypto price is projected to reach a new all-time high of $15,575.21 in 2030, with a potential low of $12,647.23 and an average price of $14,163.01.
CoinPedia’s Ethereum Price Prediction
With factors like the growing Ethereum network, rising inflows, broader market recovery, and increased adoption, the ETH price is likely to give multi-fold returns this year.
As per Coinpedia’s Ethereum (ETH) coin price prediction, the Bulls can hit $5,000 before the end of 2024. Conversely, a rise in FUD amongst investors and a lack of updates could curb the value of 1 ETH at $2,150.
Year | Potential Low | Average Price | Potential High |
2024 | $2,150 | $3,525 | $5,000 |
Market Analysis
Firm Name | 2024 | 2025 |
DigitalCoinPrice | $4,760 | $6,763 |
Gov.Capital | $6,622 | $8,893 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Historical Ethereum Price Sentiments
The long-tail rejection from the 50-month EMA limits the monthly drop to 18.57%. Buyers remain dominant at $2,630.
Check out, Ripple (XRP) Price Prediction 2024-2030
FAQs
The price of ETH might surge to a maximum of $5,000 by the end of 2024.
According to our Ethereum price prediction. The largest altcoin’s price could propel to a maximum of $6,925 by the end of 2025. ETH is expected to cross the $15,575.21 mark by 2030.
At the time of writing, the price of 1 ETH was $2,694.10.
Considering you invested in Ethereum in January 2020, the value of your ETH crypto investment has increased by ~1100.06%. In short, the $100 would be worth ~$1200.06 now.
Ethereum 2.0 is an updated version of the existing Ethereum blockchain, which aims to increase the efficiency, scalability, and speed of the Ethereum network.
As per our Ethereum price prediction 2025, the ETH price could reach a maximum of $6,925
With its dominance in DeFis, NFTs, and widespread prominence, Ethereum will continue to hold the crown of the largest altcoin. With the merger with ETH 2.0, Ethereum’s hold would further grow stronger.
Yes, the Ethereum network will eventually welcome more projects to be built on its chain, following its merger. It will also receive many improvements that will fundamentally strengthen the chain.