Ethereum Price Prediction: Does Ethereum Have a Future?

One of the staples of the crypto market, Ethereum, has recovered quite a bit of its value since the beginning of 2023. Will the recent lull in the ETH price growth negate the gains? Read our ETH price prediction to know more.

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Ethereum Fundamental Analysis

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Ethereum is one of the best-known decentralized blockchain ecosystems in the world that is probably surpassed only by Bitcoin in terms of public recognition. It features its own cryptocurrency Ether — ETH (which is also commonly called Ethereum, although that is, strictly speaking, incorrect).

The concept of Ethereum was first described by Vitalik Buterin in a whitepaper published in 2013. The Ethereum blockchain was launched in 2015. One of the most important features that was introduced by the project is the smart contract functionality, which enables the automatic execution of certain pieces of code on the blockchain based on predetermined conditions. 

Smart contracts have allowed blockchain developers all around the world to build decentralized applications (dApps), opening up the possibilities for decentralized finance (DeFi). It also sparked the development of other blockchain projects based on similar ideas. There are also thousands of tokens made by implementing Ethereum token standard ERC-20.

Over time, the project went through a number of updates, one of the most significant of them being Ethereum Merge. Initially, Ethereum used the Proof-of-Work (PoW) consensus mechanism, but from quite early on, the plan to move it to Proof-of-Stake (PoS) was already in development. In 2022, amid growing concerns about blockchain energy consumption, as well as some scalability questions and other considerations, the project completed its transition by merging its mainnet with PoS Beacon Chain, making Ethereum Proof-of-Stake blockchain.

Some other examples of important forks in recent history include the London upgrade which changed Ethereum gas fees calculations (gas prices are the commissions for a transaction on the Ethereum network) and Shanghai update for Ethereum, which together with Capella fork enables stakers to withdraw their ETH.

ETH, the native cryptocurrency of the project, has long been the second-largest coin in the crypto market by its market capitalization. Despite the ETH price having its highs and lows in the time it has been on the market, it still enjoys the trust of crypto users and high trading volumes. 

Ethereum Live Price Chart

ETH began 2023 at a relative low, as the couple of months at the end of 2022 were particularly bad for the crypto market even amid the ongoing crypto winter. Thankfully, the ETH price quickly began its recovery, growing from just below $1,200 at the beginning of January to $1,600 and more by the end of that month.

After a couple of dips, the most significant one in the mid-March when Ethereum price hit low $1,400s, it resumed its growth. In just a month, around the middle of April, the coin price soared above the $2,000 mark.

This breakthrough was, unfortunately, short-lived, and by April 20, ETH went for a correction. At the beginning of May the price spiked shortly, almost reaching $2,000 again. Since then, there has been a lull, resulting in the numbers around $1,800 by the mid-month. 

Despite being a far cry from the 2021 all time high, in 2023 the average price of ETH is already doing better than it's been for the whole last year. This may be the reason for cautious optimism in some ETH price forecasts for the following years. As with any crypto, though, this is always subject to change due to high volatility. Anyone who wants to invest in Ethereum should DYOR and understand all the risks.

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Ethereum Technical Analysis

In the last six months or so, Ethereum has shown growth that was almost uniformly steady, forming an ascending flag pattern from mid-winter until the beginning of May 2023. This was promising for the long term holders who were worried about losses through most of 2022. 

The trend was reversed later, however: in the short term, a double top pattern that formed in mid-May seems alarming, as it means that the coin couldn’t break through the resistance at around $1830-$1840. This led some traders to place orders to sell Ethereum, as this pattern may influence their ETH price prediction, leading them to believe that Ethereum price will go further down in the close future. This definitely warrants watching ETH movements in the 24 hour timeframe.

Ethereum Price Prediction

Below we have collected the most reliable price projections for Ethereum (ETH) from popular forecast platforms.

Ethereum Price Prediction for 2023

As for Ethereum price predictions for 2023, there are divergent opinions. TradingBeast expects a downturn towards $1342.821, and echoes with ~$968.072931 by the year’s end. Other experts, for example, from WalletInvestor, are more enthusiastic about Ethereum’s future price, citing upwards of $2014.873 in December.
Potential ROI: -9% Sell

Ethereum Price Prediction for 2024

According to, in 2024 Ethereum price is predicted to decline to $396.751201, which makes Ethereum a poor investment option. WalletInvestor, in turn, predicts the price drop to $1291.843, and TradingBeast agrees with a predicted price fall down to $1195.256.
Potential ROI: -39% Sell

Ethereum Price Prediction for 2025

The experts are unanimous in their Ethereum price forecasts for 2025 — everybody expects Ethereum’s price to drop down by the end of that year. TradingBeast predicts the price to fall, reaching $1262.454. According to WalletInvestor’s research, Ethereum’s price can drop down to $224.351.’s forecast is also not so positive: its analysts hold the view that by 2025 Ethereum’s price will be about $380.881153.
Potential ROI: -61% Sell

Ethereum Price Prediction for 2026

Both TradingBeast and WalletInvestor doubt that the Ethereum market will grow in 2026, predicting the price drop to $1546.477 and $113.928 by the end of the year respectively. Other Ethereum price forecasts support the idea: forecasts Ethereum to fall down to $983.942979 by December 2026.
Potential ROI: -44% Sell

Ethereum Price Prediction for 2030

Speaking of long-term Ethereum price predictions for 2030, experts present two polar opinions. expresses the view that Ethereum price will grow further and eventually reach $1888.535717 by the end of the decade. TradingBeast’s price prediction for Ethereum echoes with the projection of an uptrend to $2056.81441. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $30.76056.
Potential ROI: -16% Sell
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As it can be clear from the analysis cited above, Ethereum (ETH) projections are rather contradictory. There is no universal consensus either about positive or negative future ETH price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Ethereum projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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