Thu, March 28

Ethereum (ETH) Price Prediction 2024, 2025, 2026-2030

Ethereum (ETH) Crypto Price Prediction
  • Bullish ETH price prediction for 2024 is $4432.42 to $5835.81.
  • Ethereum (ETH) price might reach $6000 soon.
  • Bearish ETH price prediction for 2024 is $2721.19.

In this Ethereum (ETH) price prediction 2024, 2025-2030,  we will analyze the price patterns of ETH by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS
INTRODUCTION
  • Ethereum (ETH) Current Market Status
  • What is Ethereum (ETH)?
  • Ethereum (ETH) 24H Technicals
ETHEREUM (ETH) PRICE PREDICTION 2024
  • Ethereum (ETH) Suppo-rt and Resistance Levels
  • Ethereum (ETH) Price Prediction 2024 — RVOL, MA, and RSI
  • Ethereum (ETH) Price Prediction 2024 — ADX, RVI
  • Comparison of ETH with BTC, ETH
ETHEREUM (ETH) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Ethereum (ETH) Current Market Status

Current Price $3,567.03
24 – Hour Price Change 0.89% Up
24 – Hour Trading Volume $20,891,111,498
Market Cap $428,096,967,801
Circulating Supply 120,074,016 ETH
All – Time High $4891.70 (On Nov 16, 2021)  
All – Time Low $0.4209(On Oct 22, 2015)  
ETH Current Market Status (Source: CoinMarketCap)

What is Ethereum (ETH)

TICKERETH
BLOCKCHAINEthereum
CATEGORYERC-20 token
LAUNCHED ONJuly 2015
UTILITIESGovernance, Fast Transactions, gas fees & rewards

Ethereum (ETH), known as Ether, is the native cryptocurrency of Ethereum. Ethereum is an open-source blockchain platform that revolutionized the blockchain and DeFi sector by the introduction of smart contracts. This second-generation blockchain was launched in 2015. Its native crypto coin, ether (ETH) was launched through an initial coin offering (ICO) in August 2014. The entire Ethereum network is fueled by Ether (ETH).

The blueprint of the Ethereum network was first released in its whitepaper in 2013 by Ethereum Co-founder Vitalik Buterin. Since its launch, the blockchain-based software platform functions as a potential launchpad for several other crypto tokens, DeFi protocols, and numerous decentralized applications (dApps). Thus, Ethereum is regarded as the “world computer.” 

The smart contracts are coded programs that execute autonomously with pre-defined conditions on Ethereum. These smart contracts are deployed and executed via the Ethereum Vending Machine (EVM). 

Ethereum will transition to the Proof-of-Stake (PoS) consensus through The Merge upgrade. Initially, the Ethereum network was built on the high energy-intensive proof-of-work (PoW) since its launch. From 2020, the Ethereum developers have begun preparing for the PoW to PoS transition. The Merge upgrade is set for September 15. After this transition, the Ether (ETH) which was an inflationary token will convert into a deflationary token. 

Ethereum 24H Technicals

(Source: TradingView)

Ethereum (ETH) Price Prediction 2024

Ethereum (ETH) ranks 2nd on CoinMarketCap in terms of its market capitalization. The overview of the Ethereum price prediction for 2024 is explained below with a daily time frame.

ETH/USDT Ascending Channel Pattern (Source: TradingView)

In the above chart, Ethereum (ETH) laid out an ascending channel pattern. An ascending channel is the price action contained between upward-sloping parallel lines. Higher highs and higher lows characterize this price pattern. An ascending channel is used to show an uptrend in a security’s price. Ascending channels are short-term bullish in that a stock moves higher within an ascending channel, but these patterns often form within longer-term downtrends as continuation patterns.

At the time of analysis, the price of Ethereum (ETH) was recorded at $3,567.03. If the pattern trend continues, then the price of ETH might reach the resistance levels of $3734.35, and $3,353.65. If the trend reverses, then the price of ETH may fall to the support of $2271.93, and $1540.71.

Ethereum (ETH) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Ethereum (ETH) in 2024.

ETH/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Ethereum (ETH) for 2024.

Resistance Level 1$4432.42
Resistance Level 2$5835.81
Support Level 1$3531.41
Support Level 2$2721.19

ETH Resistance & Support Levels

Ethereum (ETH) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (ETH) are shown in the chart below.

ETH/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Ethereum (ETH) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $2712.93Price = $3717.16
(50MA < Price)
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions87.41
<30 = Oversold
50-70 = Neutral>70 = Overbought
Overbought
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

Ethereum (ETH) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Ethereum (ETH) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

ETH/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Ethereum (ETH).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum76.85Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period75.90

<50 = Low
>50 = High
High volatility

Comparison of ETH with BTC

Let us now compare the price movements of Ethereum (ETH) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of ETH is similar to that of BTC. That is, when the price of BTC increases or decreases, the price of ETH also increases or decreases respectively.

Ethereum (ETH) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Ethereum (ETH) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
Ethereum (ETH) Price Prediction 2024$6800$2500
Ethereum (ETH) Price Prediction 2025$7138$2400
Ethereum (ETH) Price Prediction 2026$7877$2300
Ethereum (ETH) Price Prediction 2027$8123$2200
Ethereum (ETH) Price Prediction 2028$8500$2100
Ethereum (ETH) Price Prediction 2029$8768$2000
Ethereum (ETH) Price Prediction 2030$9156$1900

Conclusion

If Ethereum (ETH) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Ethereum (ETH) price prediction for 2024 is $5835.81. Comparatively, if unfavorable sentiment is triggered, the bearish Ethereum (ETH) price prediction for 2024 is $2721.19. 

If the market momentum and investors’ sentiment positively elevate, then Ethereum (ETH) might hit $6000. Furthermore, with future upgrades and advancements in the Ethereum ecosystem, ETH might surpass its current all-time high (ATH) of $4891.70. and mark its new ATH. 

FAQ

1. What is Ethereum (ETH)?

Ethereum or Ether (ETH) is the native cryptocurrency of Ethereum. Ethereum is a second-generation blockchain platform that launched in 2015. Ether (ETH) was launched in 2014.

2. Where can you buy Ethereum (ETH)?

Traders can trade Ethereum (ETH) on the following cryptocurrency exchanges such as Binance, WEEX, OKX, LBank, and Bybit.

3. Will Ethereum (ETH) record a new ATH soon?

With the ongoing developments and upgrades within the Ethereum platform, Ethereum (ETH) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Ethereum (ETH)?

Ethereum (ETH) hit its current all-time high (ATH) of $4,891.70 on November 16, 2021.

5. What is the lowest price of Ethereum (ETH)?

According to CoinMarketCap, ETH hit its all-time low (ATL) of $0.4209 on October 22, 2015.

6. Will Ethereum (ETH) hit $6000?

If Ethereum (ETH) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $6000 soon.

7. What will be the Ethereum (ETH) price by 2025?

Ethereum (ETH) price might reach $6800 by 2025.

8. What will be the Ethereum (ETH) price by 2026?

Ethereum (ETH) price might reach $7138 by 2026.

9. What will be the Ethereum (ETH) price by 2027?

Ethereum (ETH) price might reach $7877 by 2027.

10. What will be the Ethereum (ETH) price by 2028?

Ethereum (ETH) price might reach $8123 by 2028.  


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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.