Ethereum
Price Prediction
Ethereum, ETH could hit $5112.87 in 2024
Ethereum’s price prediction for the most bearish scenario will value ETH at $3109.66 in 2024.
Ethereum’s previous All Time High was on 10 November 2021 where ETH was priced at $4878.26.
Ethereum’s price at the same time last week was $3380.80. It has moved by 15.05 % in the past week and is currently at $3887.07. Infact, in the past 24 hours, ETH has pumped by 3.15 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and ETH could hit $5770.22 in 2025.
The total circulating supply of Ethereum as of writing this article was $120109168.01 and the marketcap of ETH remains at $466,581,204,460
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
ETH price prediction: Key highlights
1. Key support and resistance levels
- According to our analysis of the weekly timeframe, the probable lowest support for ETH is estimated at$1,511.
- On the flip side, the highest resistance level can likely be around$3,550.
2. Current trend
- The current market state on the weekly chart isbullish, indicating an upward trend in prices and investor confidence in ETH.
3. Future of ETH
- Our AI/ML prediction models provide insights into ETH's potential price trajectory. For the year 2025, the model forecasts the highest price of ETH to reach approximately$4,900.
- Extending the forecast further to the year 2028, the model suggests that the highest price could soar close to$12,000.
Given below is a comprehensive weekly technical analysis of ETH, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
Ethereum (ETH) technical analysis: Bulls take charge to march towards new heights
For ETH, bulls appeared to be the dominant force,capitalizing on market opportunities. This set the ground for an optimistic Ethereum price prediction in 2024. In February, the price attempted a recovery from its lowest resistance level at$1,511.
This rally led to the price surpassing the resistance at$1,863 by April, even briefly exceeding the$2,000 mark before retreating. Between mid-April and August, bulls faced challenges in maintaining support at $1,863, with the level being momentarily breached twice, indicating that it was under constant attack and a focal point forbears.
By mid-August, bears succeeded in breaking through this level, driving the price close to its lowest resistance for the analyzed timeframe. Bulls initiated a strongerrally in mid-October, pushing the price over$1,863 in November and claiming $2,000 as a price floor.
In December, the price climbed above$2,192, with bulls securing this as a new base, aiming for the peak resistance at$2,600 in January. However, this level triggered a rejection, resulting in a minor price dip. At the time of writing, ETH was trading at$2,330.
Looking ahead, if thebullish sentiment continues to prevail in the market, it could drive the price of the coin beyond its current peak resistance. Utilizing this momentum as a foundation, further rallies could potentially elevate its value to $3,239 within this year. However, as the price trajectory evolves, ETH may encounter significant resistance in the$3,500to $3,550range.
The anticipation of and ongoing discussions about a potential Ethereumexchange-traded fund (ETF)being approved could draw significant attention and investment from both investors and the industry.
This development could act as a catalyst that pushes ETH past its previous all-time high (ATH), reaching$4,900 by next year. The next significant milestone for the coin would be crossing five digits. Based on our prediction models, this could happen in 2028, when ETH attains a trading price of around$12,000.
Conversely, should market conditions deteriorate, ETH could undergo a correction. This pattern might mirror what was observed withBitcoin (BTC) following the approval of an ETF, where its price fell below the critical$40,000 threshold. A similar downturn for Ethereum could see its price retract to around$2,000, with a more bearish scenario possibly bringing it closer to the$1,863mark.
ETH's 2024 roadmap: Key indicators to watch and trade
- The trading volume was initially high but saw a gradual decrease from mid-May, aligning with the difficulty in maintaining the$1,863 support level. A slight recovery in volume occurred during thebullish rally in mid-October, yet it did not reach the levels seen at the beginning of the year.
- The Relative Strength Index (RSI) started the year above the 50 line. It experienced a minor dip to49.54 in June, followed by a recovery.
- A more pronounced dip occurred in mid-August, but the RSI improved during the October rally. It moved close to beingovervalued, peaking at71.86 in December, and then moderated to60.76 by the end of the period.
- The Chaikin Money Flow (CMF) indicator generally remained positive, signifyingbuying pressure throughout the year, with occasional dips below the zero line in late August and early October.
- The indicator's recovery after October, ending the analysis at 0.10, suggested a healthycapital inflow coinciding with the market's overall rally.
Ethereum Price Prediction
Ethereum has had an eventful 2023. To simplify the latest ETH price prediction, we have divided up the prediction by short term Ethereum price prediction and long term Ethereum price prediction. As of writing this article, ETH had a trading volume of 23,314,394,892. Ethereum has gone up by 64.73% in the past 30 days.
According to our analysis in the short term, Ethereum price prediction for May 2024 shows the average price of ETH at 3937.14 and the highest possible price for May 2024 would be $4212.74.
Further, according to our analysis in the long term, Ethereum price prediction for September 2024 shows the average price of ETH at 4098.93 and the highest possible price for September 2024 would be $4385.86.
Ethereum's Short Term Price Prediction
| Date | Avg Price | Lowest Price | Highest Price |
| 8 March 2024 | $3389.07 | $3151.84 | $3626.31 |
| 9 March 2024 | $3463.07 | $3220.65 | $3705.48 |
| 10 March 2024 | $3520.77 | $3274.32 | $3767.23 |
| 11 March 2024 | $3512.39 | $3266.53 | $3758.26 |
| 16 March 2024 | $3387.51 | $3150.38 | $3624.64 |
| 21 March 2024 | $3277.25 | $3047.84 | $3506.66 |
| 31 March 2024 | $3053.36 | $2839.63 | $3267.10 |
| April 2024 | $3896.69 | $3623.92 | $4169.45 |
| May 2024 | $3937.14 | $3661.54 | $4212.74 |
| June 2024 | $3977.58 | $3699.15 | $4256.02 |
| July 2024 | $4018.03 | $3736.77 | $4299.30 |
| August 2024 | $4058.48 | $3774.39 | $4342.58 |
| September 2024 | $4098.93 | $3812.01 | $4385.86 |
| October 2024 | $4139.38 | $3849.62 | $4429.14 |
| November 2024 | $4179.83 | $3887.24 | $4472.42 |
| December 2024 | $4220.28 | $3924.86 | $4515.70 |
Ethereum price prediction 8 March 2024: Ethereum's price for 8 March 2024 according to our analysis should range between $3151.84 to $3626.31 and the average price of ETH should be around $3389.07.
Ethereum price prediction 9 March 2024: Ethereum's price for 9 March 2024 according to our analysis should range between $3220.65 to $3705.48 and the average price of ETH should be around $3463.07.
Ethereum price prediction 10 March 2024: Ethereum's price for 10 March 2024 according to our analysis should range between $3274.32 to $3767.23 and the average price of ETH should be around $3520.77.
Ethereum price prediction 11 March 2024: Ethereum's price for 11 March 2024 according to our analysis should range between $3266.53 to $3758.26 and the average price of ETH should be around $3512.39.
Ethereum price prediction 16 March 2024: Ethereum's price for 16 March 2024 according to our analysis should range between $3150.38 to $3624.64 and the average price of ETH should be around $3387.51.
Ethereum price prediction 21 March 2024: Ethereum's price for 21 March 2024 according to our analysis should range between $3047.84 to $3506.66 and the average price of ETH should be around $3277.25.
Ethereum price prediction 31 March 2024: Ethereum's price for 31 March 2024 according to our analysis should range between $2839.63 to $3267.10 and the average price of ETH should be around $3053.36.
Ethereum price prediction April 2024: Ethereum's price for April 2024 according to our analysis should range between $3623.92 to $4169.45 and the average price of ETH should be around $3896.69.
Ethereum price prediction May 2024: Ethereum's price for May 2024 according to our analysis should range between $3661.54 to $4212.74 and the average price of ETH should be around $3937.14.
Ethereum price prediction June 2024: Ethereum's price for June 2024 according to our analysis should range between $3699.15 to $4256.02 and the average price of ETH should be around $3977.58.
Ethereum price prediction July 2024: Ethereum's price for July 2024 according to our analysis should range between $3736.77 to $4299.30 and the average price of ETH should be around $4018.03.
Ethereum price prediction August 2024: Ethereum's price for August 2024 according to our analysis should range between $3774.39 to $4342.58 and the average price of ETH should be around $4058.48.
Ethereum price prediction September 2024: Ethereum's price for September 2024 according to our analysis should range between $3812.01 to $4385.86 and the average price of ETH should be around $4098.93.
Ethereum price prediction October 2024: Ethereum's price for October 2024 according to our analysis should range between $3849.62 to $4429.14 and the average price of ETH should be around $4139.38.
Ethereum price prediction November 2024: Ethereum's price for November 2024 according to our analysis should range between $3887.24 to $4472.42 and the average price of ETH should be around $4179.83.
Ethereum price prediction December 2024: Ethereum's price for December 2024 according to our analysis should range between $3924.86 to $4515.70 and the average price of ETH should be around $4220.28.
Ethereum's Long Term Price Prediction
Ethereum’s long term Price Prediction below is a look at ETH’s future prospect with regards to price. Ethereum was last seen at $3887.07, with a market cap of $466,581,204,460 and trading volumes of $23,314,394,892. ETH’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
| Years | Avg Price | Lowest Price | Highest Price |
| 2024 | $4260.73 | $3408.58 | $5112.87 |
| 2025 | $4808.52 | $3846.82 | $5770.22 |
| 2026 | $5426.74 | $4341.39 | $6512.09 |
| 2027 | $6124.45 | $4899.56 | $7349.33 |
| 2028 | $6911.85 | $5529.48 | $8294.22 |
| 2029 | $7800.49 | $6240.40 | $9360.59 |
| 2030 | $8803.39 | $7042.71 | $10564.07 |
| 2031 | $9935.22 | $7948.18 | $11922.26 |
| 2032 | $11212.57 | $8970.06 | $13455.08 |
| 2033 | $12654.15 | $10123.32 | $15184.98 |
| 2035 | $16117.15 | $12893.72 | $19340.58 |
Ethereum price prediction 2024: Ethereum's price for 2024 according to our analysis should range between $3408.58 to $5112.87 and the average price of ETH should be around $4260.73.
Ethereum price prediction 2025: Ethereum's price for 2025 according to our analysis should range between $3846.82 to $5770.22 and the average price of ETH should be around $4808.52.
Ethereum price prediction 2026: Ethereum's price for 2026 according to our analysis should range between $4341.39 to $6512.09 and the average price of ETH should be around $5426.74.
Ethereum price prediction 2027: Ethereum's price for 2027 according to our analysis should range between $4899.56 to $7349.33 and the average price of ETH should be around $6124.45.
Ethereum price prediction 2028: Ethereum's price for 2028 according to our analysis should range between $5529.48 to $8294.22 and the average price of ETH should be around $6911.85.
Ethereum price prediction 2029: Ethereum's price for 2029 according to our analysis should range between $6240.40 to $9360.59 and the average price of ETH should be around $7800.49.
Ethereum price prediction 2030: Ethereum's price for 2030 according to our analysis should range between $7042.71 to $10564.07 and the average price of ETH should be around $8803.39.
Ethereum price prediction 2031: Ethereum's price for 2031 according to our analysis should range between $7948.18 to $11922.26 and the average price of ETH should be around $9935.22.
Ethereum price prediction 2032: Ethereum's price for 2032 according to our analysis should range between $8970.06 to $13455.08 and the average price of ETH should be around $11212.57.
Ethereum price prediction 2033: Ethereum's price for 2033 according to our analysis should range between $10123.32 to $15184.98 and the average price of ETH should be around $12654.15.
Ethereum price prediction 2035: Ethereum's price for 2035 according to our analysis should range between $12893.72 to $19340.58 and the average price of ETH should be around $16117.15.
Top Coins Price Predictions
Converter
Similar Long Term Price Predictions
A Historical look at Ethereum, ETH’s price
ETH/USD Pair
ETH
USD
7 March 2021
1661.93
ETH
USD
7 March 2022
2558.36
153.94
ETH
USD
7 March 2023
1567.35
61.26
ETH/Euro Pair
ETH
EUR
7 March 2021
1394.69
ETH
EUR
7 March 2022
2354.46
168.82
ETH
EUR
7 March 2023
1466.74
62.3
ETH
EUR
8 March 2024
3550.57
242.07
FAQs about Ethereum
What is the price of Ethereum as of today 8 March 2024?
Ethereum’s current price is $3887.07 and witnessed a 3.15% increase in the past 24 hours. ETH/BTC pair saw a 1.56% increase in the past 24 hours
Is ETH a good investment?
Investing in Ethereum, ETH will purely depend on your personal risk appetite. As you can see over the past 24 hours Ethereum’s price has witnessed a 3.15% increase and over the past 30 days Ethereum has increase by 64.73%. So it all depends on if this investment will hit your trading goals.
How high can Ethereum’s price go this year in 2024?
According to our latest Ethereum Price prediction for 2024, ETH should vary between $5112.87 and $3408.58. Please keep in mind that the crypto market is very volatile and this Ethereum price prediction does not account for extreme wild swings in price.
How much will the Ethereum be worth in 2024 ?
As per the Ethereum price prediction 2024 model above, ETH’s price for March 2024 should range between $3408.58 to $5112.87 with the average price for March being $4260.73
How much will Ethereum be worth in 2025?
According to the Ethereum Price Prediction model above, ETH’s price in 2025 would be $4808.52. This price would however would range from $5770.22 and $3846.82.
How much will Ethereum be worth in 2026?
According to the Ethereum Price Prediction model above, ETH’s price in 2026 would be $5426.74. This price would however would range from $6512.09 and $4341.39.
How much will Ethereum be worth in 2027?
According to the Ethereum Price Prediction model above, ETH’s price in 2027 would be $6124.45. This price would however would range from $7349.33 and $4899.56.
How much will Ethereum be worth in 2028?
According to the Ethereum Price Prediction model above, ETH’s price in 2028 would be $6911.85. This price would however would range from $8294.22 and $5529.48.
How much will Ethereum be worth in 2029?
According to the Ethereum Price Prediction model above, ETH’s price in 2029 would be $7800.49. This price would however would range from $9360.59 and $6240.40.
How much will Ethereum be worth in 2030?
According to the Ethereum Price Prediction model above, ETH’s price in 2030 would be $8803.39. This price would however would range from $10564.07 and $7042.71.
How much will Ethereum be worth in 2031?
According to the Ethereum Price Prediction model above, ETH’s price in 2031 would be $9935.22. This price would however would range from $11922.26 and $7948.18.
How much will Ethereum be worth in 2032?
According to the Ethereum Price Prediction model above, ETH’s price in 2032 would be $11212.57. This price would however would range from $13455.08 and $8970.06.
How much will Ethereum be worth in 2033?
According to the Ethereum Price Prediction model above, ETH’s price in 2033 would be $12654.15. This price would however would range from $15184.98 and $10123.32.
How much will Ethereum be worth in 2035?
According to the Ethereum Price Prediction model above, ETH’s price in 2035 would be $16117.15. This price would however would range from $19340.58 and $12893.72.
What was the highest price of Ethereum?
The highest price for Ethereum was recorded in 10 November 2021 during which ETH hit an All Time High of $4878.26
What is the price of 1 Ethereum?
The price of 1 Ethereum according to current market rate is $3887.07
