Ethereum Price Prediction: Could ETH Price hit $5000?

ETH, which is the native coin of the Ethereum Blockchain. This native coin is considered the second biggest coin in the world after Bitcoin.

Since it is the second most valuable digital currency globally, investors, traders, and digital assets holders are always curious about its price and worth.

Last week, Ethereum was down up to 1.78%, which brought it back to around $4,637.67. However, before downing to almost 2 percent, the price of ETH also increased to $4,809.27.

Notably, in the past month, this digital currency rose to nearly 26 percent. Most probably, that’s a concise amount to increase in the crypto world. But, for these types of cryptos, even a short increase can be notable for all the crypto geeks and investors.

As per the current market capitalization of Ethereum, it is predicted by the experts that in the next week, it can hit the mark of 5000 USD. Moreover, this reach mark will also show that the worth of this crypto will go upward by 9 percent. Therefore, as the coin will retain this momentum, the currency can reach this worth.

What’s the Ethereum price?

Before going into the details, it is essential to know that these all are predictions and kindly don’t take these forecasts as a piece of investment advice.

According to CoinMarketCap, the current price of Ether is almost $4,692.94, which is over 2.16 percent from the last day. On the other hand, on Wednesday, ETH hit its all-time high price of $4,859.50.

Not only this, this price is up to $738 from the start of this year (2021). With said that, they’re no chances for this digital asset to rise again or increase slow.

The reason for this rise and downward is its volatility. These virtual currencies are highly volatile, and no one is 100 percent sure and can easily predict their price. Just a reminder, before rising to an all-time high, Ethereum first marked its all-time high price in January 2018, when it reached $1,290.

Ethereum Price Prediction for 2021

How well the price of Ethereum will behave in the future is impossible to predict for sure, while the experts in the crypto world and various investors and traders have still made predictions for its price and worth for the future? So, let’s have a look at these forecasts according to experts.

After doing technical analysis and gathering data of Ethereum, a panel of 50 fintech experts on comparison site Finder estimated that at the end of 2021, the price of one ETH would be equal to $5,114.

Also, the expert of fintech claimed that if there is a surge in the price of Ether and the bullish trend of the coin will continue, then the coin’s price will hit the price of $15,364 in 2025 and will triple its price to $50,788 in 2030.

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