Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?

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Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?

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 $2,406.53
Market Cap $289.70B
Trading Volume $15.15B
Circulating Supply 120.38M ETH
All-time High $4891.70 on Nov 15, 2021
All-time Low $0.4209 on Oct 21, 2015
24 High $2,417.29
24 Low $2,329.78

Ethereum price prediction: Technical analysis

Metric Value
Volatility 4.86%
50-day SMA $ 2,521.94
200-day SMA $ 3,074.46
Sentiment Bearish
Fear and Greed Index 32(Fear)
Green days 15/30 (50%)

Ethereum price analysis

ETH/USD 1-day chart

Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?

ETH/USD 1-Day price chart

On October 11, the 1-day chart of Ethereum (ETH/USD), the price is hovering around $2,403.9. The chart shows a period of consolidation after a significant downtrend, with prices bouncing between the lower Bollinger Band at $2,267.8 and the middle band near $2,508.6. The Relative Strength Index (RSI) is at 46.15, suggesting overbought territory, but close to oversold territory. The Bollinger Bands indicate a squeeze, potentially signaling an upcoming breakout. Ethereum’s immediate resistance lies near $2,508, while support stands around $2,267. Traders should watch for price action near these levels to determine direction.

ETH/USD 4-hour chart analysis

Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon?

ETH/USD 4-hours price chart

In the 4-hour Ethereum (ETH/USD) chart, the price is at $2,405.10. The MACD is showing a slight bearish divergence, with the MACD line at -1.3 below the signal line at -11.0, indicating ongoing selling pressure. The Balance of Power (BoP) is negative at -0.38, suggesting bearish sentiment in the market. Overall, the price is consolidating around this level, with a flat movement over the last few sessions. For Ethereum to show signs of bullish momentum, it needs to break above the recent resistance levels near $2,413. The immediate support is around $2,400.

Ethereum technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3 2,487.82 SELL
SMA 5 2,464.42 SELL
SMA 10 2,441.23 SELL
SMA 21 2,595.01 SELL
SMA 50 2,521.94 SELL
SMA 100 2,754.31 SELL
SMA 200 3,074.46 SELL

Daily exponential moving average (EMA)

Period Value ($) Action
EMA 3 2,484.24 SELL
EMA 5 2,501.87 SELL
EMA 10 2,543.13 SELL
EMA 21 2,647.18 SELL
EMA 50 2,884.58 SELL
EMA 100 3,055.95 SELL
EMA 200 3,026.35 SELL

What can you expect from ETH price analysis next?

Based on the 1-day and 4-hour Ethereum charts, the price remains within a consolidation phase around $2,403. The 1-day chart shows Ethereum sitting near the lower Bollinger Band, with an RSI close to 46.15, indicating overbought condition but a potential bearish outlook. The 4-hour chart shows a bearish MACD divergence and a negative Balance of Power at -0.38, suggesting further selling pressure. Overall, Ethereum may continue to consolidate in the short term. However, a breakout above the resistance at $2,508 or a drop below the support at $2,267 will define the next major price movement.

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.

Ethereum bounty program to include Solidity and Vyper compilers

Ethereum Foundation’s bug bounty program now includes Solidity and Vyper compilers, encouraging security experts to find and report vulnerabilities.

The Solidity and Vyper compilers are now both in scope of the Ethereum Foundation bug bounty program! https://t.co/MaBGlzUgZq

— Fredrik Svantes (@fredriksvantes) September 6, 2024

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 price prediction 2024-2030: Will ETH reach $5,000 soon?

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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