This Ethereum (ETH) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our ETH price analysis and prediction.
What is Ethereum (ETH)?
Ethereum is a decentralized open-source blockchain system that enables its own cryptocurrency, Ether. Moreover, the ETH works as a platform for many other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum (ETH) Current Market Status
As of the time of writing this Ethereum technical analysis, ETH trades at $4,227.14 with a 24-hour trading volume of $17,291,182,118. The price of ETH has increased by (0.44%) in the last 24 hours.
Ethereum (ETH) Price Analysis 2021
Would the recent development and changes in the ETH’s blockchain help the cryptocurrency price to grow higher? Let’s take a look into the charts in this ETH price prediction article.
- ETH bearish market price prediction for 2021 is $2,765
- Bullish Ethereum price prediction ranges from $4,494 to $5,245.**
Ethereum (ETH) Price Prediction 2022
If this bullish trend goes on, Ethereum will reach $6,500 by the end of 2022. Moreover, the first half of 2022 is going to be a fast growth, up to $7,000. Then this rise will slow down. But we cannot expect any major falls. With upcoming, partnership, and developments reaching $6,500 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
Ethereum (ETH) Price Prediction 2023
If ETH holds the support level around 200-MA, the long term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $9,500, making it not plummet but play consistently.
Ethereum (ETH) Price Prediction 2024
As per the latest upgrades, developments, ETH price prediction, and new project forecasts of the platform, ETH investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of ETH in the crypto market, and it will be the best investment as the price can spike and reach around $9,500.
Ethereum (ETH) Price Prediction 2025
In the next four years, ETH price could race up to $12,500. However, reaching this level could not be so difficult for ETH as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that ETH has a high possibility of reaching new ATH soon in the next five years as per the prediction.
Conclusion
Ethereum has a bright future ahead of it in 2021. With ongoing developments happening within the ETH ecosystem and the overall crypto market, we may see ETH reach new heights.