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Ethereum (ETH) Price Prediction 2022, 2023, 2024, 2025: $2000 Mark Now Inevitable?

28 Jul, 20228 min readAnalytics
Ethereum (ETH) Price Prediction 2022, 2023, 2024, 2025: $2000 Mark Now Inevitable?

Ethereum continues to hold its crown of the largest altcoin. The digital asset is now the talk of the crypto-verse. As the protocol is expected to merge with ETH 2.0 in the second half of the year. Which will contradict the limitations of Ethereum’s blockchain technology.

Wherefore, the upgrade holds the sentimental interests of investors and traders. Who hold stakes in deposit contracts of ETH 2.0, which had recently surpassed the count of 10 Million. With the much-anticipated upgrade inching closer each passing day, the curiosity around its price projection is growing louder.

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Will Ethereum emerge to stride to new highs anytime sooner? Or will Ethereum lose its crown to other potential cryptocurrencies? This write-up will get all your queries sorted! Buckle up as we decode the plausible price predictions of ETH for 2022 and the years to come!

Overview

Ethereum (ETH) Price Prediction

Ethereum Price Prediction For 2022

Ethereum has initiated the year at a similar pace to that of the fourth quarter. The price on the first day of the year was seen at $3,755.55. Which has also been the highest level for the year. The first quarter has been fairly rough, with implications of the Russian invasion, FED’s rate hike. And concerns of government entities over PoW chains.

Following turbulences in the business, the price of ETH had bottomed to $2,459.64 by the 7th of March. Whilst it did pose a 35% surge to close the quarter at $3,390.73. However, the second quarter has been even more treacherous, which has dragged the price to press time levels of $1167.49.

Ethereum Price Forecast For Q3

The timely rollout of Ethereum’s biggest update ETH 2.0, which is expected to be done by August. It will be imperative for the propulsion of ETH’s price. Wherefore, the price of the largest altcoin could propel to a maximum of $1947.64 by the end of the quarter. On the flip side, a lack of fueling initiatives could drag the price to a minimum of $1428.55. However, usual buying and selling pressures will land the price at $1696.21.

ETH Price Prediction For Q4

If the network sees a reduction in congestion and gas fees, following the developmental initiatives. Ethereum would find newer buyers and projects adopting the network. In such a case, ETH’s price could chug up to a maximum of $2474.84. In contrast, if the network aggravates further, the altcoin could swing down to $1785.43. That said, constrained by the linear projection of price, the average price could land at $2142.3.

Ethereum Price Prediction For 2023

If ETH 2.0 rolls out in the periphery of 2022, we can expect 2023 to initiate on a bullish note. Which could drive in more alliances, adoptions, and investors. Wherefore, the price of ETH could end the trade for 2023 at $4022.88. However, on a bearish note, the altcoin could end its trade for the year at $2199.07. That said, constrained by a linear momentum, the average price might find its base at $3077.24.

ETH Price Forecast For 2024

The growing prominence of Ethereum could invite global recognition and roll out of ETFs and spot ETFs. This could welcome a wider audience, who could push the price to greater heights. Materializing which, ETH price could head towards its potential high of $6305.78 by the end of 2024.

On the other hand, if the bears outrun the bulls, the price might slump to a minimum of $3566.81. Successively, an equilibrium in buying and selling pressures could land the price at $4867.47.

Ethereum Price Prediction For 2025

If the Ethereum ecosystem focuses on boosting its ventures, concentrate on new projects, developments, and partnerships to enhance the network. With newer updates related to Ethereum 2.0 like abandoning the PoW.

Moreover, if scalability is up to the mark, and ETH 2.0 becomes user-friendly, by the end of 2025. ETH Price is anticipated to hit its maximum of $9353.03. However, in case of a possible crash due to any possible regulations, uncertainty may cause the ETH to fall to $5184.39. That said, considering the bullish and bearish targets, the average price might settle at $7329.65.

What Does The Market Say?

1) Wallet Investor:

According to Wallet Investor’s Ethereum price prediction. ETH’s price could reach its potential high of $2,974.49 by the end of 2022. Whilst a reversal in trends could knock the price down to $1,628.06. A balance in trade activities could restrict the price to $2,330.21. The firm also hosts predictions for the long term. Accordingly, the price of ETH is expected to surge as high as $7,482.05 by the end of 2025.

2) Trading Beasts:

Trading Beasts forecasts, ETH to claim a maximum of $1,848.411 by the end of 2022. The firm has pinned the minimum and average targets for the year at $1,256.92 and $1,478.729. Trading Beasts anticipates Ethereum to hit a maximum of $3,553.55 by the end of 2025.

3) Digital CoinPrice:

As per the firm’s ETH price prediction, ETH might claim a pricier tag of $2,181.03 by the end of 2022. The analysts from the company have set the maximum targets for 2023 and 2025 at $2,522.01 and $3,342 respectively.

Click here to read our price prediction of Bitcoin (BTC)!

What Is Ethereum (ETH)?

Ethereum is a decentralized open-source blockchain underlining smart contract functionality. Ether is the native cryptocurrency created by Ethereum miners as a dividend for calculations conducted to protect the blockchain.

The network started to function on 30 July 2015. As of then 72 million coins were minted. This reports for about 65% of the total circulating supply in April 2020. The protocol works on the PoW consensus mechanism and will be transitioning to the PoS mechanism. This is expected to happen sometime by mid of 2022.

To learn more about Ethereum and its fundamentals, click here to read our in-depth guide on the largest altcoin.

Our ETH Price Prediction

Factors like the successful transition to PoS and growing outreach could incline stars in favour of the protocol. With a boost to the sentimental belief of investors and traders. The price of ETH could propel to $2,480 by the end of 2022. On the downside, increasing FUD amongst investors and lack of updates could curb the price to bottoms at $1,750.

Historical Price Sentiments

2016

  • ETH began rising steadily in January 2016 and reached a price peak at $15 in March.
  • Following this, because of the Ethereum hard fork, the price fell two times lower.
  • After fluctuating between $8 and $14 for months, ETH price rose to $15 by September, following its addition to the list of backed assets.
  • Ethereum suffered from a DDoS attack on September 22nd, which resulted in a downtrend that lasted until year-end.
  • 2017

  • For Ethereum, 2017 was a bullish year, as in the first two months, the coin made a solid run at $23, and then rose to $95 by April.
  • Another price push happened in June, with the coin touching $400.
  • This continued until mid-November when the price of Ethereum stabilized at the price range of $270-350.
  • 2019

  • Ethereum was trading from $100-140 at the beginning of 2019.
  • In April, the first upward trend began, Ethereum began to rise rapidly and hit $300 in June.
  • After a pullback, Ethereum began increasing again in December and hit the $280 mark.
  • 2020

  • Ethereum commenced its trade for 2020 with a trading price of $143.85.
  • ETH rose to $268.07 by February but declined to $117.48 by mid of March amidst the outbreak of Covid-19.
  • The price spiked to $459.76 by September. And further propelled to $609.75 by the end of November.
  • While the price took a plunge with the start of December. However, the year was terminated at $706.14.
  • 2021

  • ETH price initiated the year with a price tag of $737.71. A euphoric run took the price to 2,000 in February.
  • It then soared to a record high of $4,380 on the 12th of May. However, a crash on the 19th of May left the price at $1,782.52.
  • It was on the 5th of September when the price skyrocketed by 70% to $4,000.
  • The announcement of the Altair upgrade led the price to hit a new ATH of $4,837.59, on the 9th of November.
  • However, a push by the bears took the price to $3,724.52 on the 31st of December.
  • To read our price prediction of Polkadot (DOT) click here!

    FAQs

    A: 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.

    A: Gas is the small type of work processed on the Ethereum network. Gas measures the amount of work to be done by miners in order to include transactions in Block.

    A: The price of ETH might surge to a maximum of $2,474.84 by the end of 2022.

    A: According to our Ethereum price prediction. The largest altcoin’s price could propel to a maximum of $9,353.03 by the end of 2025.

    A: Ethereum can be traded on several exchanges like Coinbase Pro, Binance, Kraken, Bitfinex, and many more.

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