Renzo Restaked ETH Price Prediction: 2024, 2025, 2030
Renzo Restaked ETH’s price at the same time last week was $3488.44. It has moved by -3.88 % in the past week and is currently at $3193.65. Infact, in the past 24 hours, EZETH has dumped by -1.68 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and EZETH could hit $4868.39 in 2025.
The total circulating supply of Renzo Restaked ETH as of writing this article was $446389.65 and the marketcap of EZETH remains at $1,425,610,804. Renzo Restaked ETH price in the longer term is expected to reach a high of $20384.51 in 2035.
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.
EZETH price prediction: Key highlights
1. Primary support and resistance levels
- In the daily timeframe, EZETH’s lowest support can likely lie around $2,700.
- $4,000 can be anticipated as the highest resistance level.
2. Market sentiment
- As of May 2024, the sentiment is seen to be bullish in the EZETH market.
3. Predictive forecasts
- Based on forecasts from our AI/ML predictive algorithms, the average price of EZETH is expected to exceed $11,608 by 2028 and $35,424 by 2033.
Get detailed insights on EZETH’s future trajectory through a comprehensive general analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
EZETH technical analysis: Can bulls push the asset past its current highs?
Source: CoinMarketCap
The liquid staking market is booming, with EZETH being one of the most recent entrants this year. To frame a Renzo Restaked ETH price prediction for 2024, data from CoinMarketCap can provide valuable insights.
The analysis began with EZETH undergoing an uptrend to touch around $3,600. This surge was followed by a steep drop. As a result the asset dropped to reach $3,000 by mid month. After fluctuating for a few days, the asset’s value began to rise again by late April, reaching around $3,200.
However, another downturn was noticed after this, which drove EZETH to fall back to $3,000 again. After experiencing another spike to reach around the $3,300 level, the asset finally came down to around $2,900 at the close of April. This drop in value could be attributed to a major development for the token.
AMBCrypto reported that during this time, Renzo Protocol's liquid restaking token (LRT) EZETH experienced a de-pegging incident. The event resulted in EZETH losing its 1:1 parity with Ethereum (ETH), causing the price to temporarily fall to as low as $688 on the decentralized exchange (DEX) Uniswap (UNI). This price dip was attributed to a substantial sell-off following the conclusion of the Season 1 airdrop on Renzo Protocol. It led to widespread liquidations worth over $60 million.
Although the Renzo Protocol had updated its allocation terms following the backlash, the effect of the backlash continued for a while. May began with bearish forces continuing with sustained vigor, pushing EZETH to reach newer lows. The asset dropped to touch around $2,700.
This was not sustained despite the bulls’ attempt at recovery. As a result, EZETH continued to trade at around the $2,800 level until mid-May.
By late May, a massive hike in EZETH’s value had helped the asset reach around $3,600. The uptrend continued as it even touched around $3,900.
This surge was followed by a slight dip, with EZETH exchanging hands at $3,780 at press time, marking a whopping 20% spike in value over the past month.
Going forward, there can be two possible directions for EZETH. If buying pressure continues in ETH, the token may spike higher to claim the $3,900 level. Sustained momentum above it can even see it go as high as $4,000. This level can prove to be a significant barrier for further upside.
However, if the bears take over, the token may dip below $3,600. A stronger bearish rally may even cause it to revisit the critical $3,000 level.
Future forecasts from our prediction models envision robust growth for the asset. Given that the peg is maintained, EZETH and ETH can average as high as $11,608 by 2028. The average price is expected to increase further to an astounding $35,424 in 2033. This represents a massive appreciation in valuation for both assets.
Renzo Restaked ETH Price Prediction
Renzo Restaked ETH has had an eventful 2023. To simplify the latest EZETH price prediction, we have divided up the prediction by short term Renzo Restaked ETH price prediction and long term Renzo Restaked ETH price prediction. As of writing this article, EZETH had a trading volume of 6,786,630. Renzo Restaked ETH has gone up by 15.32% in the past 30 days.
According to our analysis in the short term, Renzo Restaked ETH price prediction for January 2025 shows the average price of EZETH at 3643.87 and the highest possible price for January 2025 would be $3898.95.
Further, according to our analysis in the long term, Renzo Restaked ETH price prediction for May 2025 shows the average price of EZETH at 3781.58 and the highest possible price for May 2025 would be $4046.29.
Renzo Restaked ETH's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
20 November 2024 | $3229.06 | $3003.03 | $3455.09 |
21 November 2024 | $3243.98 | $3016.90 | $3471.06 |
22 November 2024 | $3258.39 | $3030.31 | $3486.48 |
23 November 2024 | $3272.16 | $3043.11 | $3501.21 |
28 November 2024 | $3347.17 | $3112.86 | $3581.47 |
3 December 2024 | $3417.63 | $3178.39 | $3656.86 |
13 December 2024 | $3571.06 | $3321.09 | $3821.04 |
Renzo Restaked ETH price prediction 20 November 2024: Renzo Restaked ETH's price for 20 November 2024 according to our analysis should range between $3003.03 to $3455.09 and the average price of EZETH should be around $3229.06.
Renzo Restaked ETH price prediction 21 November 2024: Renzo Restaked ETH's price for 21 November 2024 according to our analysis should range between $3016.90 to $3471.06 and the average price of EZETH should be around $3243.98.
Renzo Restaked ETH price prediction 22 November 2024: Renzo Restaked ETH's price for 22 November 2024 according to our analysis should range between $3030.31 to $3486.48 and the average price of EZETH should be around $3258.39.
Renzo Restaked ETH price prediction 23 November 2024: Renzo Restaked ETH's price for 23 November 2024 according to our analysis should range between $3043.11 to $3501.21 and the average price of EZETH should be around $3272.16.
Renzo Restaked ETH price prediction 28 November 2024: Renzo Restaked ETH's price for 28 November 2024 according to our analysis should range between $3112.86 to $3581.47 and the average price of EZETH should be around $3347.17.
Renzo Restaked ETH price prediction 3 December 2024: Renzo Restaked ETH's price for 3 December 2024 according to our analysis should range between $3178.39 to $3656.86 and the average price of EZETH should be around $3417.63.
Renzo Restaked ETH price prediction 13 December 2024: Renzo Restaked ETH's price for 13 December 2024 according to our analysis should range between $3321.09 to $3821.04 and the average price of EZETH should be around $3571.06.
Renzo Restaked ETH's Long Term Price Prediction
Renzo Restaked ETH’s long term Price Prediction below is a look at EZETH’s future prospect with regards to price. Renzo Restaked ETH was last seen at $3193.65, with a market cap of $1,425,610,804 and trading volumes of $6,786,630. EZETH’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 | $3643.87 | $2915.10 | $4372.65 |
2025 | $4057.00 | $3245.60 | $4868.39 |
2026 | $4695.08 | $3756.07 | $5634.10 |
2027 | $5746.46 | $4597.17 | $6895.75 |
2028 | $5891.66 | $4713.32 | $7069.99 |
2029 | $7809.48 | $6247.59 | $9371.38 |
2030 | $8546.31 | $6837.05 | $10255.57 |
2031 | $9129.75 | $7303.80 | $10955.69 |
2032 | $11021.71 | $8817.37 | $13226.06 |
2033 | $11150.68 | $8920.55 | $13380.82 |
2034 | $11622.82 | $9298.25 | $13947.38 |
2035 | $16987.09 | $13589.67 | $20384.51 |
Renzo Restaked ETH price prediction 2024: Renzo Restaked ETH's price for 2024 according to our analysis should range between $2915.10 to $4372.65 and the average price of EZETH should be around $3643.87.
Renzo Restaked ETH price prediction 2025: Renzo Restaked ETH's price for 2025 according to our analysis should range between $3245.60 to $4868.39 and the average price of EZETH should be around $4057.00.
Renzo Restaked ETH price prediction 2026: Renzo Restaked ETH's price for 2026 according to our analysis should range between $3756.07 to $5634.10 and the average price of EZETH should be around $4695.08.
Renzo Restaked ETH price prediction 2027: Renzo Restaked ETH's price for 2027 according to our analysis should range between $4597.17 to $6895.75 and the average price of EZETH should be around $5746.46.
Renzo Restaked ETH price prediction 2028: Renzo Restaked ETH's price for 2028 according to our analysis should range between $4713.32 to $7069.99 and the average price of EZETH should be around $5891.66.
Renzo Restaked ETH price prediction 2029: Renzo Restaked ETH's price for 2029 according to our analysis should range between $6247.59 to $9371.38 and the average price of EZETH should be around $7809.48.
Renzo Restaked ETH price prediction 2030: Renzo Restaked ETH's price for 2030 according to our analysis should range between $6837.05 to $10255.57 and the average price of EZETH should be around $8546.31.
Renzo Restaked ETH price prediction 2031: Renzo Restaked ETH's price for 2031 according to our analysis should range between $7303.80 to $10955.69 and the average price of EZETH should be around $9129.75.
Renzo Restaked ETH price prediction 2032: Renzo Restaked ETH's price for 2032 according to our analysis should range between $8817.37 to $13226.06 and the average price of EZETH should be around $11021.71.
Renzo Restaked ETH price prediction 2033: Renzo Restaked ETH's price for 2033 according to our analysis should range between $8920.55 to $13380.82 and the average price of EZETH should be around $11150.68.
Renzo Restaked ETH price prediction 2034: Renzo Restaked ETH's price for 2034 according to our analysis should range between $9298.25 to $13947.38 and the average price of EZETH should be around $11622.82.
Renzo Restaked ETH price prediction 2035: Renzo Restaked ETH's price for 2035 according to our analysis should range between $13589.67 to $20384.51 and the average price of EZETH should be around $16987.09.
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FAQs about Renzo Restaked ETH
Renzo Restaked ETH’s current price is $3193.65 and witnessed a -1.68% decrease in the past 24 hours. EZETH/BTC pair saw a -2.38% decrease in the past 24 hours
Investing in Renzo Restaked ETH, EZETH will purely depend on your personal risk appetite. As you can see over the past 24 hours Renzo Restaked ETH’s price has witnessed a -1.68% decrease and over the past 30 days Renzo Restaked ETH has increase by 15.32%. So it all depends on if this investment will hit your trading goals.
According to our latest Renzo Restaked ETH Price prediction for 2024, EZETH should vary between $4372.65 and $2915.10. Please keep in mind that the crypto market is very volatile and this Renzo Restaked ETH price prediction does not account for extreme wild swings in price.
As per the Renzo Restaked ETH price prediction 2024 model above, EZETH’s price for November 2024 should range between $2915.10 to $4372.65 with the average price for November being $3643.87
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2025 would be $4057.00. This price would however would range from $4868.39 and $3245.60.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2026 would be $4695.08. This price would however would range from $5634.10 and $3756.07.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2027 would be $5746.46. This price would however would range from $6895.75 and $4597.17.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2028 would be $5891.66. This price would however would range from $7069.99 and $4713.32.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2029 would be $7809.48. This price would however would range from $9371.38 and $6247.59.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2030 would be $8546.31. This price would however would range from $10255.57 and $6837.05.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2031 would be $9129.75. This price would however would range from $10955.69 and $7303.80.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2032 would be $11021.71. This price would however would range from $13226.06 and $8817.37.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2033 would be $11150.68. This price would however would range from $13380.82 and $8920.55.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2034 would be $11622.82. This price would however would range from $13947.38 and $9298.25.
According to the Renzo Restaked ETH Price Prediction model above, EZETH’s price in 2035 would be $16987.09. This price would however would range from $20384.51 and $13589.67.
The highest price for Renzo Restaked ETH was recorded in 12 March 2024 during which EZETH hit an All Time High of $4106.74
The price of 1 Renzo Restaked ETH according to current market rate is $3193.65