Ethereum Price Prediction 2024-2030
Article Coverage: Ethereum Price Performance, Ethereum Price Prediction Next 24 Hours, Ethereum Price Prediction 2024-2030, Will Ethereum reach $10k? Is Ethereum a Good Investment
Ethereum: Buy, Sell, or Hold? Crowd Poll
- Jan 6th: +46.0%
- Feb 26th: +47.0%
- March 5th: +42.0%
- March 29th: +36.0%
- April 8th: +40.0%
- May 1st: +35.0%
What are the Signals and Predictions?
| Overall Outlook | Neutral |
| 1. Market's Wisdom | Partially Bullish |
| 1a. Market Data | Bullish |
| 1b. Technical Recommendation | Sell |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Ethereum saw a massive surge in earnings, tripling its earnings in Q1 2024 to $369 million compared to the previous quarter, marking a 210% increase year-over-year.
- Q1 2024 fees and revenues for Ethereum increased by 79% and 85% quarter-over-quarter, respectively.
- Ethereum generated $1.2 billion in revenue from transaction fees in Q1 2024, a 155% increase from the same period last year. Total Ethereum revenue reached $1 billion, surging 186% from Q1 2023.
- Despite users encountering high fees, Ethereum demonstrated significant growth in network usage in Q1 2024.
- Ethereum recorded over 107 million transactions in Q1, with nearly 9.7 million new addresses created, indicating increasing user activity and adoption.
- Ecosystem metrics showed a flourishing landscape, with Total Value Locked (TVL) surging over 1.8 times quarter-over-quarter and over 4.8 million NFTs created.
- USDT remained dominant as the stablecoin with the highest market capitalization, underscoring Ethereum’s stability and appeal despite emerging competition.
- Ethereum’s DeFi ecosystem contributed significantly to its positioning as a major contender in the blockchain space.
However, the ETH price has been largely influenced by the overall market sentiment. Here is a brief technical analysis of ETH:
In the next few hours, the overall sentiment for ETH crypto price is Neutral. ETH currently finds its first level of support at $2,883.78 while the resistance for ETH Price is at $2,972.70. ETH is likely to trade in the range between $2,883.78 and $2,972.70 for now. The Signals Table above encompasses other factors including social media.
Summary: Neutral
| Technical Indicators: | Strong Buy | Buy: (4) | Sell: (2) |
| Moving Averages: | Strong Sell | Buy: (2) | Sell: (6) |
Oscillators
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 36.58, which indicates that the ETH market is in a Buy position.
The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at -79.00, which indicates that the ETH market is in a Buy position.
| Name | Value | Action |
|---|---|---|
| RSI | 36.58 | Buy |
| CCI | -159.10 | Buy |
| Awesome Oscillator | -153.63 | Buy |
| Momentum | -276.70 | Sell |
| MACD | -79.00 | Buy |
| StochRSI | 40.12 | Neutral |
| Williams’ %R | -80.29 | Sell |
| Ultimate Oscillator | 53.01 | Neutral |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA (10) | 3,129.31 | Sell |
| SMA (50) | 3,335.67 | Sell |
| SMA (100) | 3,135.49 | Sell |
| SMA (200) | 2,630.27 | Buy |
| EMA (10) | 3,091.33 | Sell |
| EMA (50) | 3,227.13 | Sell |
| EMA (100) | 3,093.31 | Sell |
| EMA (200) | 2,770.78 | Buy |
Pivot Points
Based on today's classical pivot point (P) with the value of $2,932.98, ETH has support levels of $2,883.78, $2,844.06, and the strongest at $2,794.86. Similarly, ETH resistance levels are at $2,972.70, $3,021.90, and $3,061.62.
| Classic | |||||||
|---|---|---|---|---|---|---|---|
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| $2,794.86 | $2,844.06 | $2,883.78 | $2,932.98 | $2,972.70 | $3,021.90 | $3,061.62 | |
- RSI - Relative Strength Index
- CCI - Commodity Channel Index
- MACD - Moving Average Convergence Divergence
- SMA - Simple Moving Average
- EMA - Exponential Moving Average
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Will Ethereum reach $100000, $50000, $15000?
Ethereum Price Prediction 2024-2025-2030, Aggregated
| Ethereum Price Prediction 2024 | $3855 |
| Ethereum Price Prediction 2025 | $5329 |
| Ethereum Price Prediction 2026 | $7525 |
| Ethereum Price Prediction 2027 | $11124 |
| Ethereum Price Prediction 2028 | $15171 |
| Ethereum Price Prediction 2029 | $18003 |
| Ethereum Price Prediction 2030 | $21112 |
| Prediction Range | |
|---|---|
| Ethereum Price Prediction in Next 24 Hours | $2966 - $2979 |
| Ethereum Price Prediction in This Week | $2852 - $3218 |
Ethereum Price Prediction 2040
We project Ethereum prices for 2040 based on conservative scenarios.
- If the ETH price increases by 15% per annum: $35,449.6
- If the ETH price increases by 25% per annum: $1,34,588.1
Influencers Price Target
- AltcoinGem: $3,862
- LieutenantPonzi: $3,874
- Morecryptoonl: $3,857- $4,140
- SenseiHov: $4,000
- DaCryptoGems: $4,000
- Standard Chartered Bank: $4,000 by June if ETF is approved.
- Glitch_Capital: $4,200
- MarketMaestro1: $4,500
- best_analysts: $45,00
- DrCryptoNinja: $4,500
- _Cryptonymous__: $4,700
- CryptoAnup: $5,000
- 0xJok9r: $6,000
- TATrader_Alan: $8,000
- missnatoshi: $9,000
- tigermk_nft: $8,551 to $13,296
- IamCryptoWolf: $10K-15K (Long-term)
- CryptoYoddha: $10K-15K (Long-term)
- CryptoPatel: $15,300 (Long-term)
Will Ethereum Reach $10k?
To reach $10000, ETH will need to rise 3x. At $10000, the target market cap will be approximately $1.22 trillion. If ETH were to rise at the pace of 25%, it will take approximately 6 years to reach $10000.Let us evaluate this data
- Quality of Investment– Good
- Time and Growth required to reach $10k– Very much feasible
- Market Cap at $10k– Feasible
Considering the criteria Quality of Investment, growth required, and time required, ETH has a very good chance of reaching $10k.
Read about Neo, a blockchain-based platform that focuses on Smart Contracts. The platform enables the registration, trade, and circulation of multiple types of digital assets that are decentralized, transparent, and free of intermediaries. NEO Price Prediction 2023-2030
Note: Please consult a registered investment advisor to guide you on your financial decisions.