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Market Cap
$ 456,807,898,046
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Total Volume
$ 17,262,347,691
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24 Hour
-1.74%
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7 Day
1.38%
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Ethereum Price Prediction: 2024, 2025, 2030

Ethereum price prediction, ETH’s price has dumped by -1.74% in the last 24 hours.
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Ethereum
Price Prediction
Ethereum, ETH could hit $3972.67 in 2024
Ethereum’s price prediction for the most bearish scenario will value ETH at $3038.34 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 $3656.39. It has moved by 1.38 % in the past week and is currently at $3797.92. Infact, in the past 24 hours, ETH has dumped by -1.74 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ETH could hit $4870.16 in 2025.

The total circulating supply of Ethereum as of writing this article was $120138396.93 and the marketcap of ETH remains at $456,807,898,046

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. Primary support and resistance levels

  • According to the analysis on the weekly chart, the lowest support for ETH was established at $1,615.
  • On the flip side, the highest resistance level can likely stand around $4,600.

2. Market sentiment

  • The market’s bullish stance is seen to be waning in May 2024.

3. Predictive forecasts

  • Our AI/ML predictive models forecast the average price of ETH to reach approximately $100,000 in 2028 and soar over $1 million in 2031.

Get in-depth insights on ETH via a comprehensive monthly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

 

ETH technical analysis: Market turns its back on the coin

 

For ETH, bulls appeared to be the dominant force for the most part. Yet, the market downturn prompts a closer look at the Ethereum price prediction in 2024. 

 

The analysis period commenced with the coin testing the $2,007 mark. This attempt faced pushback. Yet, the bulls launched another rally that faced a similar setback in July. A series of declines led the price to fall back to its lowest price floor at $1,615 by mid-August. 

 

After brief dips below this level, bulls initiated a stronger rally in mid-October, flipping $2,007 into support in November. For the entire month, buyers strived to defend this support while accumulating strength to move toward the resistance at $2,506. A test of this level in January triggered a slight pullback mid-month. 

 

Nevertheless, the decline ceased swiftly, and the price moved past this threshold by mid-February. With increasing buying pressure, the price even managed to cross the $3,134 level by the month's end. Following this, ETH marked a new peak resistance at $4,003
 

A test of this level precipitated a corrective drop. The decline was amplified as the cryptocurrency market experienced a significant downturn in April. This caused the price to fall back to $3,134
 

Nonetheless, this wasn’t the end of bullish worries, as the onset of May saw the price dropping below $3,134 and even the critical $3,000 mark. As the analysis concluded, the altcoin was valued at $2,903. Now, if the bulls fail to defend the current support at $2,884, ETH can plummet to the $2,506 mark, erasing most of the 2024 gains.
 

Meanwhile, things were looking grim for Ethereum on the network front. AMBCrypto highlighted that since April 19, Ethereum’s total supply has increased to about 120.1 million due to a reduction in fee burning following the Dencun upgrade. This shift reflected a move away from Ethereum’s deflationary trend. Moreover, the transaction fees reached a yearly low of approximately $0.5 per transaction.
 

Recent reports indicated that the odds were against the approval of an Ethereum spot exchange-traded fund (ETF) in the U.S. If the applications face rejection, it would trigger a massive downturn in the market. 

 

AMBCrypto noted that analysts have projected lower prices for Ether in the coming months, attributing this to negative market sentiment and selling pressure that could decrease ETH's value in terms of Bitcoin (BTC).

 

Notwithstanding, in the event that the ETH ETF is approved, it could act as a catalyst for further growth, propelling the coin's price beyond its current highest resistance level. Such a surge could elevate the price to as high as $4,500 in the short to medium term. 

 

ETH can also follow in BTC's footsteps and reach its all-time high (ATH) this year, with prospects to touch the $5,000 mark. However, as the price trajectory evolves, it may encounter significant resistance at $4,600.

 

Our models predict that ETH will trade at an average price of $100,000 in the next four years. The next significant milestone for the coin would be attaining a valuation of a million dollars, which is most likely to happen in 2031. The models predict that the coin might average over $1 million.

 

ETH's 2024 roadmap: Key indicators to watch and trade

  • The trading volume started high but began to decline as the price dropped. A recovery was observed during the bullish phase in mid-October.
  • Between mid-February and mid-March, the volume recorded new highs, but it faltered given the following downtick. This signaled that investors were withdrawing or potentially waiting for more definite signs before committing further.
  • The On-Balance Volume (OBV) descended until October. Thereafter, it picked up the pace and sustained an uptrend till March. Nonetheless, its trajectory reversed, reaching the value of 126.6 million at the time of writing. 
  • This value was lower than its March peak of 145.714 million. It indicated a drop in buying pressure.
  • The Moving Average Convergence Divergence (MACD) line crossed below the signal line in June, followed by a drop below the zero line in September. The signal line followed suit in October, indicating a negative shift in momentum.
  • Towards the end of October, the MACD line rose above the signal line. The momentum continued to improve in November as both the MACD and signal lines moved above the zero line, with the trend mostly ascending thereafter. 
  • By the end of March, the MACD line began to decline, eventually dropping below the signal line in late April, which also started descending. As of the latest update, the MACD line was recorded at 242.54, the signal line at 322.82, and the histogram at -80.28. This suggested an increase in downward pressure on the price.
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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 17,262,347,691. Ethereum has gone up by 19.21% in the past 30 days.

According to our analysis in the short term, Ethereum price prediction for July 2024 shows the average price of ETH at 2890.98 and the highest possible price for July 2024 would be $3093.35.

Further, according to our analysis in the long term, Ethereum price prediction for November 2024 shows the average price of ETH at 3226.64 and the highest possible price for November 2024 would be $3452.51.

Ethereum's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
30 May 2024$3659.70$3403.52$3915.88
31 May 2024$3674.08$3416.90$3931.27
1 June 2024$3720.08$3459.67$3980.48
2 June 2024$3716.27$3456.13$3976.41
7 June 2024$3558.09$3309.02$3807.15
12 June 2024$3406.90$3168.42$3645.38
22 June 2024$3059.70$2845.52$3273.88
July 2024$2890.98$2688.61$3093.35
August 2024$2974.89$2766.65$3183.14
September 2024$3058.81$2844.69$3272.93
October 2024$3142.73$2922.73$3362.72
November 2024$3226.64$3000.78$3452.51
December 2024$3310.56$3078.82$3542.30

Ethereum price prediction 30 May 2024: Ethereum's price for 30 May 2024 according to our analysis should range between $3403.52 to $3915.88 and the average price of ETH should be around $3659.70.

Ethereum price prediction 31 May 2024: Ethereum's price for 31 May 2024 according to our analysis should range between $3416.90 to $3931.27 and the average price of ETH should be around $3674.08.

Ethereum price prediction 1 June 2024: Ethereum's price for 1 June 2024 according to our analysis should range between $3459.67 to $3980.48 and the average price of ETH should be around $3720.08.

Ethereum price prediction 2 June 2024: Ethereum's price for 2 June 2024 according to our analysis should range between $3456.13 to $3976.41 and the average price of ETH should be around $3716.27.

Ethereum price prediction 7 June 2024: Ethereum's price for 7 June 2024 according to our analysis should range between $3309.02 to $3807.15 and the average price of ETH should be around $3558.09.

Ethereum price prediction 12 June 2024: Ethereum's price for 12 June 2024 according to our analysis should range between $3168.42 to $3645.38 and the average price of ETH should be around $3406.90.

Ethereum price prediction 22 June 2024: Ethereum's price for 22 June 2024 according to our analysis should range between $2845.52 to $3273.88 and the average price of ETH should be around $3059.70.

Ethereum price prediction July 2024: Ethereum's price for July 2024 according to our analysis should range between $2688.61 to $3093.35 and the average price of ETH should be around $2890.98.

Ethereum price prediction August 2024: Ethereum's price for August 2024 according to our analysis should range between $2766.65 to $3183.14 and the average price of ETH should be around $2974.89.

Ethereum price prediction September 2024: Ethereum's price for September 2024 according to our analysis should range between $2844.69 to $3272.93 and the average price of ETH should be around $3058.81.

Ethereum price prediction October 2024: Ethereum's price for October 2024 according to our analysis should range between $2922.73 to $3362.72 and the average price of ETH should be around $3142.73.

Ethereum price prediction November 2024: Ethereum's price for November 2024 according to our analysis should range between $3000.78 to $3452.51 and the average price of ETH should be around $3226.64.

Ethereum price prediction December 2024: Ethereum's price for December 2024 according to our analysis should range between $3078.82 to $3542.30 and the average price of ETH should be around $3310.56.

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 $3797.92, with a market cap of $456,807,898,046 and trading volumes of $17,262,347,691. ETH’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$3310.56$2648.45$3972.67
2025$4058.47$3246.77$4870.16
2026$5397.76$4318.21$6477.31
2027$7179.02$5743.22$8614.82
2028$9548.10$7638.48$11457.71
2029$12698.97$10159.17$15238.76
2030$16889.63$13511.70$20267.55
2031$22463.20$17970.56$26955.84
2032$29876.06$23900.85$35851.27
2033$39735.16$31788.13$47682.19
2035$70287.52$56230.02$84345.03

Ethereum price prediction 2024: Ethereum's price for 2024 according to our analysis should range between $2648.45 to $3972.67 and the average price of ETH should be around $3310.56.

Ethereum price prediction 2025: Ethereum's price for 2025 according to our analysis should range between $3246.77 to $4870.16 and the average price of ETH should be around $4058.47.

Ethereum price prediction 2026: Ethereum's price for 2026 according to our analysis should range between $4318.21 to $6477.31 and the average price of ETH should be around $5397.76.

Ethereum price prediction 2027: Ethereum's price for 2027 according to our analysis should range between $5743.22 to $8614.82 and the average price of ETH should be around $7179.02.

Ethereum price prediction 2028: Ethereum's price for 2028 according to our analysis should range between $7638.48 to $11457.71 and the average price of ETH should be around $9548.10.

Ethereum price prediction 2029: Ethereum's price for 2029 according to our analysis should range between $10159.17 to $15238.76 and the average price of ETH should be around $12698.97.

Ethereum price prediction 2030: Ethereum's price for 2030 according to our analysis should range between $13511.70 to $20267.55 and the average price of ETH should be around $16889.63.

Ethereum price prediction 2031: Ethereum's price for 2031 according to our analysis should range between $17970.56 to $26955.84 and the average price of ETH should be around $22463.20.

Ethereum price prediction 2032: Ethereum's price for 2032 according to our analysis should range between $23900.85 to $35851.27 and the average price of ETH should be around $29876.06.

Ethereum price prediction 2033: Ethereum's price for 2033 according to our analysis should range between $31788.13 to $47682.19 and the average price of ETH should be around $39735.16.

Ethereum price prediction 2035: Ethereum's price for 2035 according to our analysis should range between $56230.02 to $84345.03 and the average price of ETH should be around $70287.52.

Similar Long Term Price Predictions

A Historical look at Ethereum, ETH’s price

ETH/USD Pair

ETH
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USD
28 May 2021
2742.99
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ETH
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USD
28 May 2022
1724.88
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62.88
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ETH
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USD
28 May 2023
1830.31
signal-icon
106.11
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ETH
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USD
29 May 2024
3797.92
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207.5
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ETH/Euro Pair

ETH
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EUR
28 May 2021
2249.53
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ETH
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EUR
28 May 2022
1607.20
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71.45
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ETH
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EUR
28 May 2023
1705.57
signal-icon
106.12
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ETH
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EUR
29 May 2024
3505.14
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205.51
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FAQs about Ethereum

What is the price of Ethereum as of today 29 May 2024?

Ethereum’s current price is $3797.92 and witnessed a -1.74% decrease in the past 24 hours. ETH/BTC pair saw a -1.50% decrease 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 -1.74% decrease and over the past 30 days Ethereum has increase by 19.21%. 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 $3972.67 and $2648.45. 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 May 2024 should range between $2648.45 to $3972.67 with the average price for May being $3310.56

How much will Ethereum be worth in 2025?

According to the Ethereum Price Prediction model above, ETH’s price in 2025 would be $4058.47. This price would however would range from $4870.16 and $3246.77.

How much will Ethereum be worth in 2026?

According to the Ethereum Price Prediction model above, ETH’s price in 2026 would be $5397.76. This price would however would range from $6477.31 and $4318.21.

How much will Ethereum be worth in 2027?

According to the Ethereum Price Prediction model above, ETH’s price in 2027 would be $7179.02. This price would however would range from $8614.82 and $5743.22.

How much will Ethereum be worth in 2028?

According to the Ethereum Price Prediction model above, ETH’s price in 2028 would be $9548.10. This price would however would range from $11457.71 and $7638.48.

How much will Ethereum be worth in 2029?

According to the Ethereum Price Prediction model above, ETH’s price in 2029 would be $12698.97. This price would however would range from $15238.76 and $10159.17.

How much will Ethereum be worth in 2030?

According to the Ethereum Price Prediction model above, ETH’s price in 2030 would be $16889.63. This price would however would range from $20267.55 and $13511.70.

How much will Ethereum be worth in 2031?

According to the Ethereum Price Prediction model above, ETH’s price in 2031 would be $22463.20. This price would however would range from $26955.84 and $17970.56.

How much will Ethereum be worth in 2032?

According to the Ethereum Price Prediction model above, ETH’s price in 2032 would be $29876.06. This price would however would range from $35851.27 and $23900.85.

How much will Ethereum be worth in 2033?

According to the Ethereum Price Prediction model above, ETH’s price in 2033 would be $39735.16. This price would however would range from $47682.19 and $31788.13.

How much will Ethereum be worth in 2035?

According to the Ethereum Price Prediction model above, ETH’s price in 2035 would be $70287.52. This price would however would range from $84345.03 and $56230.02.

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 $3797.92