Ethereum Price Prediction 2024, 202- 2030: Will $ETH Hit $5,000?

Ethereum Price Prediction

The post Ethereum Price Prediction 2024, 202- 2030: Will $ETH Hit $5,000? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the ETH token is  $ 3,132.92755711.
  • 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 makes a new all-time high at the $93k mark, the crypto market hits the $3.2T mark. Amid the crypto bull run, with Donald Trump’s Republican win in the US Presidential elections, Ethereum reclaims the $3200 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 Ethereum
Token ETH
Price  $ 3,132.92755711 0.68%
Market cap  $ 377,290,760,247.21
Circulating Supply  120,427,540.4935
Trading Volume   $ 35,360,804,521.9468
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

The Ethereum price is currently trading at $3108 with an intraday pullback of 3.18%. This pullback nullifies the last night’s jump of 4.30%, peaking at $3226.

ETH Price chart

Currently, the Ethereum price consolidates near the 50% Fibonacci level at $3103. However, the prevailing bull run has increased the chances of a golden crossover within the 50-200-day AMA line. Conversely, the consolidation phase is now threatening a bearish crossover in the MACD and Signal line as the bullish histograms decline. 

A pullback below the $3,000 mark could result in a downfall to the $2,870 support level, coinciding with the 38.20% Fibonacci mark. On the flip side, a bullish continuation with the broader market pullback could finally result in a trendline breakout rally, reaching the $4,000 mark by the end of the month.

Month  Potential Low ($) Average Price ($) Potential High ($)
November 2024 2870 3215 4000

Ethereum ETFs Witness Third Net Outflow Day

ETH ETF

Daily Total Net Inflow:

  • -$39.08 million (as of Nov 18)

Cumulative Total Net Inflow:

  • $139.32 million (as of Nov 18)

Total Value Traded:

  • $464.23 million (as of Nov 18)

Total Net Assets:

  • $9.33 billion (as of Nov 18), representing 2.46% of Ethereum’s market cap

Market Data for ETFs (as of Nov 18):

  • ETHA (BlackRock), with $1.83 billion in net assets, had a net outflow of -$23.91 million
  • ETHE (Grayscale), with $4.83 billion in net assets, had a net outflow of -$13.28 million
  • ETH (Grayscale), with $1.31 billion in net assets, had a net outflow of -$5.06 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.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 2150 3525 5000

Ethereum’s New Pectra Upgrade in Q1 2025

The Ethereum network’s PECTRA update is scheduled for the first quarter of 2025. This upgrade merges two previously planned updates—Prague and Electra—into a single, comprehensive enhancement. 

With just months away from 2025, the Ethereum network is about to experience a boost in scalability and performance. The new upgrade will bring five new Ethereum Improvement proposals, which will boost the overall performance. 

  • EIP-7702 will enable smart contract wallet-like functionality for regular wallets (Account Abstraction). 
  • EIP-7251 will work to improve network efficiency by providing maximum staking per validator (validator staking). 
  • EIP-2935 will improve the overall data structure to reduce the validator storage (data structure optimization), directly boosting the network’s scalability. 
  • EIP-7594 will enhance the layer 2 scalability (layer 2 scalability). 
  • EIP-7692 will optimize the Ethereum virtual machine for efficient smart contract development (EVM optimization).

The Pectra upgrade is planned to be implemented in two phases:

  • Phase One (Early 2025): This phase will focus on critical updates, including account abstraction and validator enhancements.

Phase Two (Late 2025): The second phase will introduce more complex changes to boost the Layer 2 scalability.

Ethereum Price Prediction 2025

2025 Ethereum is expected to maintain its upward trajectory and form higher highs. With increased adoption and network growth, the ETH coin price can hit a new all-time high of $6,925. Conversely, the ETH coin price can dip to $2,917, with an average Ethereum price of $3,392.5.

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2025 2917 3392.5 6925

Ethereum Price Prediction 2026 – 2030

Price Prediction 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 Prediction 2026

By 2026, the value of Ethereum is expected to reach a high of $6,610.75. On the other hand, the Ethereum 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.

Ether Price Forecast 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.

Ethereum 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.

Ethereum (ETH) Price Prediction 2024 – 2030

CoinPedia’s Ethereum Price Prediction

With factors like the growing Ethereum network, rising inflows, broader market recovery, and increased adoption, the ETH price will likely 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

We expect the ETH price to create a new 2024 high of $5000 by 2024.  

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2024 2150 3525 5000

Market Analysis

Firm Name 2024 2025
DigitalCoinPrice $4,760 $6,763
Gov.Capital $6,622 $8,893

*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

How much is 1 Ethereum worth?

At the time of writing, the price of 1 ETH was $3,108.

What will the maximum price of ETH be by the end of 2024?

The price of ETH might surge to a maximum of $5,000 by the end of 2024.

How high will the ETH price rise by the end of 2030?

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.

What is the current ETH Price today?

At press time, the Ethereum price trades at $3,108

What will be the ETH Price tomorrow?

Based on the current price trend, the ETH price tomorrow could range between $3,050 and $3,175.

What if you had invested $100 in Ethereum (ETH) in 2020?

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. 

What is Ethereum 2.0?

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.

What will the price of Ethereum be in 2025?

As per our Ethereum price prediction 2025, the ETH price could reach a maximum of $6,925

Will Ethereum hold onto its tag of the largest altcoin in the emergence of newer protocols?

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.

Will Ethereum find more NFTs, DeFis, and other projects employing its network with ETH 2.0?

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. 

Is Ethereum a good investment?

As the altcoin season begins, the short-term gains make Ethereum a lucrative buying option. However, the long-term promises of this programmable blockchain make it a viable long-term crypto investment. 

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