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Ethereum Price Prediction

Jan 27, 2023
4 min read

This blog post will cover:

  • ETH statistics
  • ETH Price Prediction 2023
  • Ethereum Price Prediction 2025
  • Ethereum Price Prediction 2030
  • Crypto community about Ethereum

Nowadays, Ethereum is among the most popular cryptocurrencies. Some crypto enthusiasts find it attractive enough for both trading and holding. Therefore, the ETH price remains an important topic for discussion among people who are interested in cryptocurrencies and watching for the Ethereum 2.0 era and its development.

ETH statistics

Here is the ETH crypto statistics from the CoinMarketCap service:

Price prediction at 01.24.2024:
ETH price: $2239.3849766099365
Market capitalization: $269125517066.4579
Volume (24h): $16186608584.86333
Circulating supply: 120178316.75993022 ETH
Total supply: 120178316.75993022 ETH

ETH Price Prediction 2023

Let's see what Ethereum price the top analytical platforms suggest. We selected Ethereum price predictions from the best services.

Let us consider the price of the ETH cryptocurrency during a weekly timeframe. Since 2016, the established patterns have helped to predict further changes in the price of a coin graphically. With the capitalization growth of the Ethereum blockchain, each subsequent bullish trend will be 26% of the previous one. The difference between the lows in the last bear market and the current one is between 1000% and 1300%. The duration of the bearish trend in ETH, based on history, is approximately 750 days.

Based on historical data, we can assume that the lower price threshold in the current bearish trend for ETH is $878.

In terms of a probable high in 2023, provided normalization of the economic situation and the accompanying growth of stock indices, we will see the price level reach $2,600 - $2,660.

Ethereum Price Prediction 2025

In early 2025, based on the history of the price chart, we can expect a new all-time high (ATH) to reach $13,900-$14,000. By the end of 2025, ETH could decline to a new bottom of the upcoming bearish trend at a price point that is likely to amount to 2021 ATH, $4,855.

Ethereum Price Prediction 2030

By 2030, we might expect the new ATH to reach $23,000 - $23,400. The overall upturn within the bullish trend could be 371% (which would make up 26% of the total upturn of the previous bullish trend).

Crypto community about Ethereum

Let’s see what price predictions were given by the most significant persons in the Сrypto World.

Tuur Demeester, who is the famous Bitcoin investor, analyst, and founding partner of Adamant Capital tweeted in 2019: “ETH/BTC broke down from the 0.02 support line for the second time this year. In absence of a quick recovery, imo technical target could be as low as 0.0075 (-60%).”

Ryan Sean Adams is a crypto investor, founder of Mythos (an investment company that holds crypto assets). Talking about DAI capitalization, he mentioned ETH capitalization and gave such a forecast about ETH price on his Twitter at the beginning of 2020: “If @nanexcool is right & 1 billion DAI happens this yr it'll require $2.5b worth of ETH as economic bandwidthAt current ETH prices that means DAI consumes 17% of all ETHTo maintain 2% of ETH supply consumption ETH price would need to exceed $1,000That's economic bandwidth”

Here what did the father of Ethereum, Vitalik Buterin, posted on Twitter: “Price predictions on the crypto space are notorious for turning out very wrong - on both the bull *and* bear side.”

So we can see that he doesn't fully believe in crypto predictions. But Vitalik is the ETH founder, and he can’t state any prices, because it is quite unprofessional.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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