- ETH’s price could climb past its all-time high in 2024 and hit $7,840.
- While the price might decrease in 2026 and 2027, ETH could reach $12,000 in 2028.
- In 2030, analysis showed that the price of ETH might get close to $20,000.
Not a lot of projects have survived the crypto market for over a decade. But for Ethereum, that is not the case as it has powered to become the second most valuable project in the ecosystem only behind Bitcoin.
Despite its high rank, Ethereum has not had it easy especially with regulatory issues. At some point, the U.S SEC headed by Chairman Gary Gensler accused the cryptocurrency of being an unregistered security. This causes a lot of Fear, Uncertainty, and Doubt (FUD) around, affecting the price negatively and dampening investor sentiment.
Regardless, ETH seems to be waxing stronger with predictions suggesting that the market cap could rise to $1 trillion. Whether that is possible or not, time will tell. In this article, Coin Edition looks at the price prediction of ETH from 2024 to 2030.
Table of contents
- What is Ethereum (ETH)?
- Ethereum (ETH) Current Market Status
- Ethereum (ETH) Price Analysis
- Ethereum (ETH) Price Analysis – Bollinger Bands
- Ethereum (ETH) Price Analysis – Relative Strength Index (RSI)
- Ethereum (ETH) Price Analysis – Moving Average Convergence Divergence
- Ethereum (ETH) Price Prediction 2024
- Ethereum (ETH) Price Prediction – Resistance and Support Levels
- Ethereum (ETH) Price Prediction 2025
- Ethereum (ETH) Price Prediction 2026
- Ethereum (ETH) Price Prediction 2027
- Ethereum (ETH) Price Prediction 2028
- Ethereum (ETH) Price Prediction 2029
- Ethereum (ETH) Price Prediction 2030
- Ethereum (ETH) Price Prediction 2040
- Ethereum (ETH) Price Prediction 2050
- Conclusion
- FAQs
What is Ethereum (ETH)?
Ethereum was introduced in 2013 as an open-source blockchain system for the development of smart contracts. In 2014, the founding team offered ETH, the native cryptocurrency of the Ethereum ecosystem at an Initial Coin Offering (ICO) of $0.31.
During that time, all of the 60 million ETH was sold, and in a few months, investors made 270% gains on the cryptocurrency. Ethereum has about eight founders but the most popular person is Vitalik Buterin who is still heading the project.
There are, however, other people like Charles Hoskinson who had moved to develop Cardano (ADA), and Gavin Wood whose main focus is now with Polkadot (DOT). Previously, Ethereum operated on the Proof-of-Work (PoW) consensus like Bitcoin.
But in 2022, the blockchain switched to Proof-of-Stake (PoS) in an upgrade called the Merge. This was also the start of ETH 2.0 which enabled staking withdrawals and deposits on protocols under the Ethereum blockchain.
The influence of these upgrades was one of the major reasons Ethereum’s Total Value Locked (TVL) is far above other chains. According to DeFiLlama, the TVL of Ethereum was $64.60 billion as of this writing.
This was a 23.30% increase in the last seven days. TVL is an indicator of a blockchain’s health. Hence, the increase meant that participants trusted the project enough to lock assets in it while expecting a good level of yield.
However, the TVL was still below $102 billion which it reached in the bull market of 2021. But with expectations that ETH’s price would increase soon, the metric might also jump and cross the $100 billion mark.
Ethereum (ETH) Current Market Status
ETH is the second most valuable cryptocurrency with a market cap of $449.62 billion. As of this writing, the price of ETH was $3,741, representing a 28.28% increase in the last seven days. When it comes to its trading volume, CoinMarketCap data showed that it was enormous.
In the last 24 hours, the trading volume of ETH hit $32.82 billion. A few days before this hike, the volume of the cryptocurrency was less than $25 billion. However, with the development that the U.S. SEC would approve all the Ethereum spot ETFs, interest in ETH spiked, and a buying spree occurred.
The maximum supply of ETH is infinite. But it has a total supply of 120.28 million which is the same as the circulating supply. Almost every centralized exchange offers the altcoin if you intend to buy ETH.
You can visit Coinbase, Binance, Bybit, Kraken, KuCoin, and much more to buy ETH. Decentralized exchanges like Curve and Uniswap also offer trading pairs with ETH.
Ethereum (ETH) Price Analysis
ETH’s price prediction is important to other altcoins as the price action of the token might either make or mar the performances of these cryptocurrencies.
As such, this section looks at the price targets ETH can reach in 2024. It also looks at the price predictions from 2025 to 2030.
Ethereum (ETH) Price Analysis – Bollinger Bands
The 4-hour chart showed how the Bollinger Bands (BB) contracted between the last week of April and the second week of May. During this time, the contraction ensured low volatility, and ETH struggled to breakout.
The price of the cryptocurrency moved between $2,868 and $3,204 within this period. But as of this writing, the bands had expanded, indicating high volatility around ETH. This volatility was also one of the reasons the price skyrocketed to $3,841.
But it seemed ETH was overbought as the upper band of the token tapped ETH at $3,737. With this position, the price could be set for a retrace. However, traders might need to watch out for external developments like the decision on Ethereum spot ETFs. If the flings get approved, ETH could jump and hit $4,000 regardless of the Bollinger Bands or overbought conditions.
Ethereum (ETH) Price Analysis – Relative Strength Index (RSI)
Signals from the Relative Strength Index (RSI) were similar to what the Bollinger Bands showed. As of this writing, the RSI on the ETH/USD 4-hour chart was 75.07. This reading indicates that the altcoin was overbought.
Hence, it could be likely for the cryptocurrency price to slip back to $3,500 psychological support. If this is the case, a rebound could be possible as bulls might target a run beyond $4,000. Should this happen, ETH might surpass its all-time high within a short while. If not, the price might decline to $3,200.
Ethereum (ETH) Price Analysis – Moving Average Convergence Divergence
Like the RSI, the Moving Average Convergence Divergence (MACD) measures momentum. At press time, the MACD was positive, indicating that the momentum around ETH was bullish. This was also proven by the Exponential Moving Average (EMA).
On the chart below, the 12 EMA (blue) was above the 26 EMA (orange), suggesting that buyers were dominating, and bears were on the backfoot. Sustaining this momentum suggests that ETH’s price could move higher within a short timeframe.
Ethereum (ETH) Price Prediction 2024
To ascertain Ethereum’s price prediction for 2024, Coin Edition looked at the Directional Movement Index (DMI). As of this writing, the +DMI (green) was 37.18. The -DMI (red), on the other hand, turned downwards and was 11.05.
The difference in these indicators suggests that bulls are ahead of bears in the parking order, and this could be a big influence on ETH’s price and possibly drive the price higher.
Apart from the Average Directional Index (ADX) which shows the strength of direction, closed in on a reading of 25, indicating that ETH’s upward movement was strong. Another indicator suggesting a price increase was the Fibonacci which suggested that the price of ETH could hit $4,584.
But in 2024, the price of ETH could rise more than that, and a conservative prediction could be an increase to $7,840.
Ethereum (ETH) Price Prediction – Resistance and Support Levels
Coin Edition went back to the 4-hour chart to assess ETH’s resistance and major support levels. From our analysis, a significant support zone for the altcoin was $2,866. By the look of things, bulls have been able to defend this area with every grit.
As such, the price of ETH might not slip below this point anytime soon. Also, there was resistance at $3,039 which has been cleared, putting ETH in a pole position for a further increase. The cryptocurrency has also moved past the $3,317 resistance, indicating that another breakout could be close.
Ethereum (ETH) Price Prediction 2025
The price of ETH might increase exponentially in 2025. One of the reasons for this could be linked to the Dencun upgrade which had helped reduce gas fees on Ethereum transactions.
Previously, high gas fees discouraged new market participants from interacting with ETH. But with considerably low gas even when there’s congestion, fees are no longer as high. Hence, this is expected to improve traction and demand. For the price, ETH might hit $9,657 in 2025.
Ethereum (ETH) Price Prediction 2026
In 2026, the crypto bull market might have ended. If this is the case, investors would take money out of the market, and this might tell on the prices of altcoins including ETH. Therefore, the price of ETH could be $6,325 in 2026.
Ethereum (ETH) Price Prediction 2027
ETH’s price might continue to decrease in 2027, leaving the market cap open to a harder plunge. This potential decline could be linked to a reduction in staking activities and less development on the blockchain. Thus, ETH could fall to $5,750 in 2027.
Ethereum (ETH) Price Prediction 2028
ETH might begin to walk its way back up in 2028. By this period, decentralized finance must have hit global adoption and this could favor ETH’s price action. From the look of things, ETH might hit 12,000 in 2028.
Ethereum (ETH) Price Prediction 2029
In 2029, a lot of institutional capital might flow into the Ethereum ecosystem. Also, there is a high chance that retail investors would not be left out, propelling ETH to reach a new all-time high. In this scenario, ETH’s price could hit 15,980.
Ethereum (ETH) Price Prediction 2030
While bears might try to force ETH’s price down in 2030, the attempt might be unsuccessful as the price of the altcoin might move northward. With this in mind, ETH could rally and end the year at 19,450.
Ethereum (ETH) Price Prediction 2040
In 2040, Ethereum might surpass all expectations. At some point, the price would fall. But in the end, bulls are expected to drive the price higher toward $25,000.
| Minimum Price | Average Price | Maximum Price |
| $21,960 | $23,600 | $25,000 |
Ethereum (ETH) Price Prediction 2050
Again, ETH might face regulatory issues in the lead-up to 2050. But it is expected that the Ethereum Foundation resolves it, placing the cryptocurrency on the way to hitting $50,000. However, the altcoin might not hit the value but could get close to $46,800.
| Minimum Price | Average Price | Maximum Price |
| $37,550 | $40,000 | $46,800 |
Conclusion
As it stands, ETH might remain the second most valuable cryptocurrency for a long while despite talks that it could flip Bitcoin. Also, there is a chance that Solana might give the cryptocurrency a run for the spot but Ethereum is expected to survive it. Regardless of these predictions, please do your research and watch out for developments the Ethereum Foundation will put out before investing in ETH.
FAQs
What is ETH?
ETH is the native cryptocurrency of the Ethereum blockchain, an open-source platform that allows the development of smart contracts.
How do you buy ETH?
You can buy ETH by visiting exchanges. For context, almost all crypto exchanges offer ETH. As such, you can buy the cryptocurrency on Binance, Coinbase, Kraken, Bybit, KuCoin, and many others.
Is ETH a good investment?
Having a 132,000% increase in the last 10 years means that ETH has been a good investment. Besides that, anyone who bought the altcoin in the last year would also be up on their holdings. While this is not the case all the time, ETH has the potential to continue giving good returns based on its fundamentals and widespread adoption.
What is ETH’s all-time high?
ETH’s all-time high was $4,891 in November 2021.
Will ETH reach $10,0000 soon?
ETH can reach $10,000 but it might not happen this year. Although many predictions are saying the price will hit five digits soon, on-chain metrics, as well as technical indicators suggest that it could take more time before the price hits such a level.
What is the maximum supply of ETH?
The maximum supply of ETH is infinite but its total supply is 120.12 million.
Will ETH surpass its current ATH?
Yes. ETH can surpass its current ATH especially as it is less than 50% from reaching the price. While the price might face resistance in the attempt, it might take less than six months for the cryptocurrency to achieve this.
What is the lowest price of ETH?
The lowest price of ETH was $0.311 in 2014.
Who is the founder of ETH?
ETH has about eight founders. But the most popular ones are Vitalik Buterin, Gavin Wood, and Charles Hoskinson.
Which year was ETH launched?
ETH was launched in 2014 via an Initial Coin Offering (ICO).
How do I store ETH?
You can store ETH on Ethereum-enable wallets, and there are a lot of them that support the storage. Some of the wallets that allow this include Trust Wallet, Math Wallet, MetaMask, and Argent. The Coinbase wallet also allows the storage of ETH.
Outside of this software wallet, hardware wallets like Trezor and Ledger also allow users to store ETH offline. Interestingly, some Solana-based wallets like Phantom, Solfare, and Backpack now allow users to store ETH too.
What will be the price of ETH in 2024?
FLOKI’s price could be $0.00089 in 2024.
What will be the price of ETH in 2025?
ETH could rally and hit $9,657 in 2025.
What will be the price of ETH in 2026?
By 2026, the price of ETH could be $6,325.
What will be the price of ETH in 2027?
ETH’s price might decrease and hit $5,750 in 2027.
What will be the price of ETH in 2028?
ETH’s price is expected to reach $12,000 in 2028.
What will be the price of ETH in 2029?
The price of ETH could be $15,980 in 2029.
What will be the price of FLOKI in 2030?
ETH is expected to reach $19,450 in 2030.
What will be the price of ETH in 2040?
The price of ETH might hit $25,000 in 2040.
What will be the price of ETH in 2050?
ETH’s price could be $46,800 in 2050.
Disclaimer:The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
