Key takeaways
- Our Ethereum price prediction anticipates a high of $6,878.87 by the end of 2024.
- In 2025, it will range between $6,804.50 and $8,198.53, with an average price of $8,056.95.
- In 2030, it will range between $21,345.61 and $23,417.96, with an average price of $22,259.68.
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), 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 | $2,620 |
| Market Cap | $315.12B |
| Trading Volume | $13.72B |
| Circulating Supply | 120.27M ETH |
| All-time High | $4891.70 on Nov 15, 2021 |
| All-time Low | $0.4209 on Oct 21, 2015 |
| 24 High | $2,662.82 |
| 24 Low | $2,555.23 |
Ethereum price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 10.77% |
| 50-day SMA | $3,236.86 |
| 200-day SMA | $3,223.83 |
| Sentiment | Bearish |
| Fear and Greed Index | 40 (Fear) |
| Green days | 15/30 (50%) |
Ethereum price analysis
- ETH has been in a gradual bear run this month.
- Ethereum is gearing up for consolidation.
ETH/USD 1-day chart
The 1-day Ethereum (ETH) chart against the USD shows a bearish trend with significant downward movement. The price is currently $2,618.9, bouncing off the lower Bollinger Band. The Relative Strength Index (RSI) is at 35.68, close to the oversold territory, suggesting a potential reversal or consolidation phase. The Bollinger Bands are wide, reflecting high volatility. However, the price is still below the 20-day Simple Moving Average (SMA), indicating bearish momentum. A break above the 20-day SMA would be needed to signal a trend reversal.
ETH/USD 4-hour chart
The 4-hour Ethereum (ETH) chart against the USD shows a brief recovery after a significant downtrend, with the current price at $2,618.1. The Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover with the MACD line at 7.3, below the signal line at 11.2, indicating potential further downside. The histogram is in negative territory, further supporting bearish momentum. The Balance of Power (BoP) is at -0.75, suggesting that sellers currently dominate the market. Overall, the short-term outlook appears bearish unless there is a strong reversal with significant buying volume.
Ethereum technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | $ 2,501.23 | BUY |
| SMA 5 | $ 2,678.34 | SELL |
| SMA 10 | $ 2,870.32 | SELL |
| SMA 21 | $ 3,132.42 | SELL |
| SMA 50 | $ 3,236.86 | SELL |
| SMA 100 | $ 3,334.87 | SELL |
| SMA 200 | $ 3,223.83 | SELL |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | $ 2,521.68 | BUY |
| EMA 5 | $ 2,621.76 | SELL |
| EMA 10 | $ 2,822.08 | SELL |
| EMA 21 | $ 3,029.20 | SELL |
| EMA 50 | $ 3,206.47 | SELL |
| EMA 100 | $ 3,260.06 | SELL |
| EMA 200 | $ 3,113.05 | SELL |
What can you expect from ETH price analysis next?
Based on the charts for Ethereum (ETH), the price appears to be in a short-term recovery within a broader downtrend. The 1-day chart shows the price at $2,618.9, bouncing off the lower Bollinger Band, with the RSI near oversold levels, hinting at potential consolidation or a mild rebound. However, the 4-hour chart indicates bearish momentum, with the MACD showing a bearish crossover and the Balance of Power at -0.75, suggesting sellers remain in control. In the near term, we can expect further downside or consolidation, with any upward movement likely facing resistance around the 20-day SMA.
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’s price decreased by 4.34 percent over the last 24 hours as it reached support at $3,100. ETH has stepped below its first local support level. However, if the selling impulse continues, it will challenge the $3,000 support.
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 August 2024.
Will ETH reach $20,000?
Considering Ethereum’s current value, $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 for longer can be beneficial.
Recent news/ updates
Ethereum recently revealed that it is launching Devcon SEA Community Hubs. According to this announcement, the Hubs will help organize discussions and activations at Devcon about topics related to the Ethereum ecosystem.
Ethereum recently implemented visual epic testing on ethereum.org. This development provided support for storybook to do testing on ethereum.org.
“We would like to be able to catch visual regressions before they reach production, helping bus build confidence so that we can improve stability of ethereum.org through testing suite”, said in a post by ehereum.org.
The layer-2 ecosystem IS growing rapidly and becoming ubiquitous, contrary to some bearish claims, said Ethereum community member Ryan Berckmans in a post on X. The comment was in response to a post from Movement Labs founder Rushi Manche, who said, “EVM L2s will go to zero. they mostly all suck compared to SOL.”
Berckmans commented that the L2 ecosystem is still “growing like crazy,” citing ecosystem analytics platforms such as L2beat before adding, “Coinbase made an EVM L2. So did Worldcoin. So did Immutable X.”
Ethereum price prediction August 2024
The Ethereum price is likely to remain stable throughout August. It is currently trading at $3,165, which is speculated to be the average monthly price.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $ 3,165.49 | $ 3,165.49 | $3,165.49 |
ETH price prediction 2024
By 2024, Ethereum’s average market price is expected to be $6,614.68, with a potential low of $2,840.67 and a potential high of $6,878.87.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $2,840.67 | $6,614.68 | $6,878.87 |
Ethereum price prediction 2025 – 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $6,804.50 | $8,056.95 | $8,198.53 |
| 2026 | $9,338.20 | $11,174.66 | $11,496.36 |
| 2027 | $12,172.78 | $14,307.92 | $14,378.15 |
| 2028 | $12,172.78 | $14,307.92 | $14,378.15 |
| 2029 | $15,005.48 | $16,283.93 | $17,228.78 |
| 2030 | $21,345.61 | $22,259.68 | $23,417.96 |
ETH price prediction 2025
Ethereum network is expected to continue its upward trend in 2025, potentially reaching an all-time high of $8,198.53. However, there could be fluctuations, and the ETH coin price might dip to $6,804.50, with an average price of around $8,056.95
ETH price prediction 2026
The Ethereum coin market price is expected to peak at $11,496.36. However, it might fall to $9,338.20, with an average of $11,174.66.
ETH price prediction 2027
The forecast speculated that ETH might hit a new all-time high of $14,378.15 by 2027. On the lower end, corrections may pull the price to $12,172.78, with an expected average trading price of around $14,307.92.
ETH price prediction 2028
In 2028, Ethereum’s market price might stabilize at $14,378.15 while maintaining the same average trading price of around $14,307.92, the same as in 2027.
ETH price prediction 2029
Ethereum is expected to reach an all-time high of $17,228.78 by 2029. However, it could fall to $15,005.48, with an average price of $16,283.93.
ETH price prediction 2030
At the end of this decade, 2030, Ethereum is projected to hit a high of $23,417.96. In the event of a price correction, it could drop to $21,345.61, with an average of $22,259.68.
Ethereum market price prediction: Analysts’ ETH price forecast
| Firm Name | 2024 | 2025 |
| PricePrediction | $4,038 | $6,391 |
| CryptoPredictions | $6,879 | $8,199 |
BitcoinLinux’s Ethereum (ETH) price prediction
At BitcoinLinux, 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 $6,878.87, with a minimum price of $2,840.67 and an average price of $6,614.68.
However, the future market potential for Ethereum entirely depends on its buying demand, regulation, and investor sentiment in long-term holding. It is important for Ethereum users do your own research before investing in this cryptocurrency.
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
