Ethereum (ETH) Price Prediction for 2023-2025, $2,000 or $4,000?

Ethereum (ETH) Price Prediction for 2023-2025, $2,000 or $4,000?

ETH Current Price $1,327.04 (108,541.92 INR)

Ethereum Price Statistics

Ethereum Price:                                  $1,327.04 (108,541.92 INR)

ETH Rank:                                           2

Ethereum Market Cap:                    $162.32B (13.27T INR)

Ethereum Volume:                           $6.16B (503.706B INR)

  • ETH has been witnessing a lower price trend during the major part of 2022 in advance of making a slight recovery after its most-awaited Merge upgrade.
  • The token’s price collapsed below $1,000 (81,792.05 INR) on the 18th of June. Because of the Merge update, Ethereum made a recovery back to $2,000 (163,600 INR) in 2022’s August.
  • After that, the token again crashed because of the FTX collapse. It then dropped to the $1,100 (89,980 INR) spot in advance of making another slight rise.

The only optimistic news that supported the Ethereum price was the Merge. Liquidity, interest rates, as well as crypto market-related issues such as FTX and Luna have pushed the price of the token to lower levels. With the price collapsing for another time from $1650 (134,954.41 INR) to $1,100 (89,980 INR) in several days, several investors are becoming more curious about the likely upsurge in the token’s price.

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Prominent Ethereum (ETH) Collapses during the Previous 5 Years

  • Between 2018’s January and December, the Ethereum token fell from $1400 (114,502.50 INR) to $90 (7,359.87 INR). During the respective time, the Federal Reserve had minimized the token’s balance sheet.
  • Between 2021’s May and July, the token declined from $3900 (318,937.52 INR) to $1786 (146,057.03 INR). During this span, a crackdown was launched by the authorities in China against crypto assets.

The Possible Lowest Level to Which Ethereum Price Can Go

  • Ethereum has remained successful in maintaining its price above $1k during the previous six months. For example, the primary crypto token Bitcoin’s price dropped lower than its low price level which was witnessed in June following the disclosure of the FTX crash.
  • Ethereum is approximately 15% above its performance in the previous weeks
  • The token will potentially see a slump lower than the $1k mark if the following conditions are met:
  1. A prominent economic recession takes place
  2. Inflation surges for another time
  3. Another scam affects the crypto market
  4. An exclusive regulation is implemented to limit the crypto assets’ trading
  5. XRP loses its legal battle against the SEC. This legal loss could pave the way for additional regulation.

Why Is the Price of Ethereum (ETH) Continuously Rising for the Recent Three Weeks?

  • After the disclosure of the potential effects of the FTX collapse to a great extent, FUD around the crypto assets has decreased and assisted in elevating the price of Ethereum.
  • As FUD dropped, the total value locked (TVL) of the DeFi sector stopped crashing. This helped in raising the Ethereum price to a significant extent.

The Possible High Spot to Be Reached by Ethereum Price

The potential highs to be gained by Ethereum in terms of price are mentioned here. As long-term predictions tend to be less accurate thus one should keep in mind a great level of possible error which minimizes with time. It can fairly be said that the estimates’ direction may be true but value as well as the timing tend to become more precise with time.

Ethereum Price Prediction for 2023 stands at $2638.002 (215,778.28 INR)

Ethereum Price Prediction for 2025 stands at $5018.048 (410,446.47 INR)

ETH Price Prediction for 2030 stands at $22885.363 (1.87M INR)

When Will the Price of Ethereum (ETH) Rise?

  • The Ethereum token will potentially go up at a gradual pace after the resolution of the FTX scam. This gradual upsurge has gradually started as the FUD is declining.
  • Another factor to get settled for Ethereum’s progress is the Russian invasion of Ukraine. With a pause in that conflict, the price of the token will again see considerable growth over time.
  • The effect of the increased interest rates is also hindering the upward movement of Ethereum’s price. As the impact of this increase minimizes, Ethereum as well as the overall price of crypto assets will likely progress further.
  • Nonetheless, it is not realistic to expect that the Ethereum token will move upward in price at a rapid pace. Even during the upcoming 12 months, the token’s price will not potentially witness any significantly high levels because of the uncertainties in the macroeconomic scenario.

FAQs

Is Ethereum’s Price Rising?

3 months back, the price of ETH was $1,351 (110,502.34 INR), indicating that a 12.28% drop has taken place as compared to the present price. The price has plunged by up to 1.9% during 1 month. Hence, keeping in view the 3-month trend of Ethereum, it is specifically not rising at present.

Will Ethereum (ETH) Price Rise?

Ethereum has shown price recovery several times during 2022 after a huge slump hence its price is likely to go up during the coming 12 months.

Will Ethereum Price Go up in 2023?

Considering the above-mentioned information and statistics, the current expectations about the price of Ethereum advise us to wait. A considerable increase in liquidity is anticipated in the coming time. If this is witnessed, the overall blockchain system will subsequently witness a higher adoption level. Keeping this in view, the likelihood for Ethereum to move up in price has more chances as compared with the possibilities related to its potential drop. Nevertheless, industry-related and macroeconomic risks still play a vital role in determining the likely downward direction of the price at any time.

How Much up Will Ethereum Price Go?

As per the present anticipations, Ethereum’s token price would behold an upsurge of approximately $75,000 by the year 2040. Though this is not a flawless prediction, a 60-time growth during the coming 20 years does not appear to be improbable for a platform that is considered to be the top player in the world of technology.

Why Is the Price of Ethereum Moving Upward?

Currently, Ethereum is not showing an optimistic preview however some factors may drive its price in a positive direction. The blockchain industry is presently being adopted across the globe, putting a favorable impact on the Ethereum token’s demand, especially after the Merge. In the wider span of the crypto market, liquidity is persuading investors to purchase as well as trade Ethereum.