Ethereum
Ethereum Price Prediction 2024-2030: Factors, Updates
History Highlights
- The live price of the Ethereum token is $0.00000000.
- ETH price could end trading for May 2024 with a potential high of $3,859.
- By the end of 2030, the predicted price of Ethereum could reach a peak of $26,575.21.
The cross-border market started July on a bullish note after ending June on a negative note. Moreover, the largest altcoin by market cap, Ethereum token, successfully registered a bullish reversal. As the sudden decrease in supply projects a potential retest of the $3,400 mark, short-term sentiments are bullish and dominant.
Moreover, the long-term bullish trend and a potential market rebound could soon trigger a new bullish trend in Ethereum price. So, what’s the deal? Will Ethereum break above $5,000? Embark on this analytical journey where we dive deep into these questions and Ethereum price predictions from 2024 to 2030.
Preview
| Cryptocurrency | ETH |
| Token | Bitcoin |
| Price | $0.00000000 |
| Market capitalization | |
| Trading volume | $0.0000 |
| Circulating supply | 0.0000 |
| Record level | $4,891.70 November 16, 2021 |
| Historic low | $0.4209 October 22, 2015 |
| 24 Top | $63,429.0300 |
| 24 Bottoms | $60,630.0000 |
ETH Price Prediction for July 2024
As Bitcoin price hovers near the $59,000 mark, ETH price has seen a surge in bullish price action. Moreover, with the recent surge in the market, Ethereum price has increased by over 1% intraday with a high/low of $3,129.02 and $3,025.51. Moreover, the altcoin leader is currently trading with a price of $3,100.81.
TradingView: ETH/USDT
It is worth noting that the Ethereum coin price has successfully retested its descending channel pattern support trendline, indicating an increase in price action. Moreover, the MACD is showing a steady rise in the red histogram with its averages registering a strong possibility of a bullish convergence in the 1D time frame.
If the broader market recovers, ETH price will regain momentum and prepare to test its upper resistance level of $3,400 in the coming weeks. Conversely, if the bears continue to dominate the cryptocurrency market, the altcoin leader will plunge towards its crucial support level of $2,800 if the psychological support barrier fails to absorb the increasing supply.
| Price forecast | Low potential ($) | Average price ($) | High potential ($) |
| July 2024 | $2,800 | $3,100 | $3,400 |
ETH Price Prediction 2024
As the volatile year 2023 draws to a close, the Ethereum market price is rallying remarkably, forming an ascending triangle pattern on the weekly chart. Bouncing back from the psychological barrier of $1,000 in November 2022, the bullish trend continues to gain momentum on the Ethereum weekly chart.
By breaking above the overhead resistance, ETH price surpasses the $4,000 barrier. Moreover, the breakout rally signals a longer bullish trend and avoids a death cross on the weekly chart. If buyers break Ethereum market cap above $5,000, the continuation of the bull run may increase exponentially in 2024. With potential Spot ETF approvals and Bitcoin halving effect on altcoins, ETH price may reach $10,000.
| Price forecast | Low potential ($) | Average price ($) | High potential ($) |
| 2024 | $2,160 | $5,871 | $10,000 |
Factors influencing Ethereum price in 2024
Bullish factors
- Dencun’s Upgrade will make Ethereum faster and cheaper to use, and more people will try to build applications on it.
- Bitcoin Halving – When BTC rewards are reduced, some of the money could be transferred to Ethereum. This could drive up interest.
- Growing adoption – More and more companies are experimenting with Ethereum every year. As its usage grows, it will attract more developers.
- Ether ETF Request – Bullish expectations around Ethereum ETF application become one of the main bullish catalysts.
Bearish factors
- Regulatory concerns – Governments can impose strict rules that add risk and uncertainty.
- Market volatility – Prices of cryptocurrencies like Ethereum fluctuate depending on market conditions.
- Competition – Networks like Solana and Cardano are trying to improve Ethereum. If they perform better, some users might switch platforms over time.
ETH Price Prediction 2025
Similarly, Ethereum, the second-largest cryptocurrency, is expected to maintain its upward trajectory and reach higher highs in 2025. Moreover, with increased adoption and demand for ETH, the ETH coin price can create a new all-time high of $14,925.
However, on the other hand, the ETH coin price may drop as low as $8,917, with an average ETH price of $10,421.
| Price forecast | Low potential ($) | Average price ($) | High potential ($) |
| 2025 | 8,917 | 10,421 | 14,925 |
Ethereum Price Prediction 2026-2030
| ETH Price Prediction | Low potential ($) | Average price ($) | High potential ($) |
| 2026 | 5,566.77 | 8,713.12 | 16,610.75 |
| 2027 | 6,800.10 | 15,246.74 | 28,705.44 |
| 2028 | 12,613.01 | 24,482.48 | 36,410.87 |
| 2029 | $26,192.00 | 35,010.77 | 41,994.32 |
| 2030 | 30,647.23 | 43,563.01 | 56,575.21 |
ETH Price Prediction 2026
By 2026, the price of Ethereum is expected to reach a high of $16,610. Conversely, the price of ETH could drop to $5,566 with an average of $8,713.
ETH Price Prediction 2027
Similarly, Ethereum 2027 forecast predicts that the ETH coin price will reach a new all-time high of $28,705. However, a correction based on market weaknesses could lead the ETH cryptocurrency to $6,800, with an average of $15,246.
ETH Price Prediction 2028
In 2028, the chances of Ethereum dominating the cryptocurrency market increase as the price of ETH will potentially reach a new high of $36,410. Conversely, the altcoin could drop to $12,613, or an average of $24,482.
ETH Price Prediction 2029
As it approaches its all-time high of $41,994.32 in 2029, the Ethereum price is expected to break through the psychological barrier of $40,000. Conversely, in the event of a correction, ETH could reach a low of $26,192.00, with an average price of $35,010.77.
ETH Price Prediction 2030:
Finally, the price of the ETH cryptocurrency is expected to reach a new all-time high of $56,575.21 in 2030. Conversely, with a potential low of $30,647.23 and an average price of $43,563.01.
Ethereum Price Prediction by CoinPedia
Factors such as the successful move to PoS and the upcoming Danksharding upgrade will tip the scales in favor of the protocol. If the Ethereum network manages to scale remarkably with the upcoming upgrades and succeed in the adoption race, then the price of the ETH cryptocurrency will skyrocket.
Potentially, the price of Ethereum (ETH) coin will reach a new high of $10,000 before the end of 2024. Conversely, increasing FUD among investors and lack of updates could limit the value of 1 ETH to $2,160.
| ETH Price Prediction | Low potential ($) | Average price ($) | High potential ($) |
| 2024 | $2,160 | $5,871 | $10,000 |
Market analysis
| Company Name | 2024 | 2025 |
| DigitalCoin Price | $4,760 | $6,763 |
| Capital Governor | $6,622 | $8,893 |
*We have created a table that includes possible price predictions 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 companies.
Upcoming Tokens in Dencun Upgrade
- EIP-4788:EIP-4788 enhances the capabilities of the EVM, securely connecting the Ethereum execution layer to the beacon chain data for advanced LSD operations.
- EIP-7514:Increasing Epoch loss limits via EIP-7514 aims to balance scalability with network accessibility amid increasing validator numbers.
- EIP-7044:Simplifying staking with EIP-7044, this upgrade introduces permanent signatures for voluntary releases, improving security for stakeholders.
- EIP-7045:EIP-7045 features extended attestation slots, strengthening the security of LMD-GHOST and paving the way for faster Ethereum block confirmations.
- EVM Upgrade:EVM’s evolution continues with opcodes like EIP-1153 and EIP-5656, aimed at streamlining smart contracts while reducing gas costs.
- EIP-7516:Introducing EIP-7516’s BLOBBASEFEE opcode, which facilitates the dissemination of real-time accumulated costs and the creation of derivative products based on L1 fees.
Historical Sentiments on Ethereum Price 2016-2024
Source: Trading View
FAQ
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 is the advantage of Shanghai Hard Fork?
This upgrade enables withdrawals of Beacon Chain staked Ether (stETH).
What is gas and what is it used for?
Gas is the small type of work processed on the Ethereum network. Gas measures the amount of work that needs to be done by miners in order to include transactions in the block.
What will be the maximum price of ETH by the end of 2024?
ETH price could reach a maximum of $3,825 by the end of 2024.
When is the next Ethereum Shanghai Hard Fork?
Ethereum Shanghai upgrade is scheduled for the first half of 2023.
How much will ETH price increase by the end of 2030?
According to our Ethereum price prediction, the price of the largest altcoin could reach a maximum of $4,616.77 by the end of 2025. ETH is expected to cross the $26,000 mark by 2030.
Will Ethereum retain its title as the largest altcoin as new protocols emerge?
With its dominance in DeFi, NFTs, and widespread awareness, Ethereum will continue to hold the crown of the largest altcoin. With the merger with ETH 2.0, Ethereum’s hold will be strengthened even further.
Will Ethereum Find More NFTs, DeFis, and Other Projects Using Its Network With ETH 2.0?
Yes, the Ethereum network will eventually welcome more projects to build on its chain, following its merge. It will also benefit from many improvements that will fundamentally strengthen the chain.
How much is 1 Ethereum worth?
At the time of publication, the price of 1 ETH was $3,100.81.
What if you invested $100 in Ethereum (ETH) in 2020?
If you invested in Ethereum in January 2020, the value of your ETH cryptocurrency investment increased by 1,300%. In short, the $100 would now be worth $1,400.