As global financial markets unravel, Ethereum was quite in a better position than Bitcoin, but in recent weeks, ETH has completely lost its momentum and started to underperform against Bitcoin.
The highly anticipated Ethereum merger that was supposed to take place before June 2022 has also been delayed and there is no official news happening before.
ETH has been trading below $2000 in recent days. ETH failed to break the $2000 and with the current volume, ETH is unlikely to rise further in the next 24 hours.
On the YTD ranking, ETH has had a difficult year so far. From trading over $3800 annual highs in January 2022 to falling below $2000, the price of ETH has been very vulnerable this year. ETH has been trading at over $3000 for most of the year, but since May the price of ETH has been trading lower and now the price is below $2000.
On the 7-day chart, ETH’s momentum has been very bearish. There was almost no attempt at recovery. Over the past 24 hours, ETH’s trading volume has increased, but the price of ETH remains below $1800. ETH’s overall market cap has declined by more than 7% in the last 24 hours.
ETH’s performance over the past 5 days has been boring. It underperformed against BTC and traded mostly negatively. ETH has decreased by 25% in the last 5 days. This year, that is, since January 2022, ETH has lost more than 64%. BTC on the other hand has fallen 46% since January 2022.
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Ethereum 2022 Price Prediction
It is almost impossible to predict the prices of cryptocurrencies in the long term (the short term is more accurate). For example, the revered Goldman Sachs made a bold prediction that Ethereum would touch $8,000 by the end of 2021, the actual price being around $3800. That said, long-term forecasts are essential for investors to decide whether to hold or sell a cryptocurrency. In this context, the range for predicting Ethereum 2022 prices is as follows:
Ethereum 2022 Price Prediction
|
date |
maximum |
||
|
ETH 2022 price forecast |
13 June |
$2197 |
|
| Price of Digitalcoin |
June |
$1939 |
|
| Commercial beast |
June |
$ 2043 |
|
| Technewsleader |
June |
$2609 |
Ethereum Price Prediction 2023
|
date |
maximum |
||
|
Average Ethereum Price Prediction 2023 |
13 June |
$2659 |
|
| Price of Digitalcoin |
June 2022 |
$2229 |
|
| Commercial beast |
June 2022 |
$1958 |
|
| Technewsleader |
June 2022 |
$3790 |
Ethereum Price Prediction 2025
|
date |
maximum |
||
|
Average Ethereum Price Prediction 2025 |
13 June |
$4785 |
|
| Price of Digitalcoin |
June 2022 |
$3014 |
|
| Commercial beast |
June 2022 |
$3569 |
|
| Technewsleader |
June 2022 |
$7772 |
How many days did it take for Ethereum to reach $100, $500, $2000 etc.?
|
price |
Number of days |
|
|
$100 |
May 18, 2017 |
|
|
$200 |
11 days |
|
|
$400 |
178 days |
|
|
$800 |
26 days |
|
|
$1600 |
1143 days |
|
|
$3200 |
58 days |
|
|
All Time HIGH, $4859 |
192 days |
Ethereum Price: How to Invest in Ethereum?
Ethereum is one of the most popular cryptocurrencies. Here are the steps to buy or invest in Ethereum:
Requirements to buy Ethereum:
- Need a Crypto Exchange account
- You need a crypto wallet
Steps to invest in Ethereum
- Choose a cryptocurrency exchange
- Create your account with Crypto Exchange
- Finance your portfolio
- Buy Ethereum
- shop
Can Ethereum reach $50,000?
Ethereum is the second largest cryptocurrency by market cap right after Bitcoin. Ethereum has ridden a great wave of different cryptocurrencies, skyrocketing and reaching all new heights thanks to the incredible benefits it offers users. Ethereum’s growing popularity tends to pose only one question to investors: Will Ethereum be able to reach the price of $50,000 soon?
Ethereum: the second most popular cryptocurrency in the world
When it comes to cryptocurrencies, there are a few names that people mostly know. One of them is Bitcoin and the other is definitely Ethereum. Here are some advantages of Ethereum that have made it one of the best.
- This cryptocurrency has been popularly considered the blockchain which consists of the best way of use cases.
- Not only that, but there are thousands of decentralized applications that are part of the Ethereum platform.
- The rise in Ethereum prices coincides with all the updates and new advances that the cryptocurrency is making for sure.
After Bitcoin managed to reach an all-time high of around $66,000, there are also a few other cryptocurrencies that have rallied. So, there is also a pretty high hope for Ethereum. Other cryptocurrencies such as Solana and Terra have also managed to work exceptionally well.
Ethereum Price Prediction: Could the Value Increase?
With the wave of Ethereum, there are so many predictions that are made for sure about the prices of this particular cryptocurrency. As Ethereum rises to new heights, meteorologists predict that by the time we reach 2030, ethereum’s price would be around $50,000.
Presumably there will be a rather huge increase in the price of Ethereum. This is due to the fact that Ethereum is definitely much cheaper and a more reliable option to choose from than Bitcoin. According to several analysts who predict the future of Ethereum, there is a possibility that the cryptocurrency will reach the price of around $91,139.06 when we reach 2031.
Ethereum could overtake Bitcoin in the next decade
There are also some serious predictions going on that currently say that the price of Ethereum may be able to surpass Bitcoin in the next decade for sure. According to the co-founder of the peer-to-peer platform Origin Protocol Joshua Fraser, Ethereum is definitely one of the main levels of financial regulation for the whole world.
So, there is quite a huge margin for Ethereum. The entire Ethereum Blockchain consists of a rather large but well-growing alternative financial system. So, Ethereum tends to be definitely the best possible network for other financial platforms. According to the latest Ethereum price reports, there is still a good chance that this cryptocurrency will be able to reach the price of $50K very soon.
Conclusion: Will Ethereum reach $50,000?
With the emergence of new and advanced trends such as NFT, DeFi, and much more, the Ethereum network will definitely have a pretty large user base. This will lead to some positive changes in the Ethereum system that could ensure that the price of the cryptocurrency also rises.
In addition, with the range of incredible decentralized apps in Ethereum, there is a possibility that it will be much more popular than Bitcoin in the coming decades. There is not much time before Ethereum surpasses the world’s most popular cryptocurrency, Bitcoin, in terms of price. So, to answer the question. Yes, Ethereum will definitely be able to reach $50,000 in the future. However, there is still some time for that event.
