Ethereum Price Prediction
(ETHUSD)$3,487.28$3,468.87 (3.79%)Market Stats and Forecasts
Ethereum Description
Ethereum Ethereum is one of the prominent crypto players popularly known as ETH. This crypto is based on a blockchain platform launched by Vitalik Buterin in 2015. Ethereum works on several cutting-edge technologies, and now it's one of the top-rated crypto among people. Decentralized applications (dApps) smart contacts are formed by Ethereum, which can effortlessly execute with the interference of humans. Unlike others, ETH has a solid and active community that deals with crypto transactions and deploying dApp. There is a minimal fee for every action on the Ethereum network, which directly credits minors who usually try to confirm the transactions and provide safeguards to the network. Ethereum transactions can be traded globally effortlessly.
The Ethereum ecosystem's primary goal is to be utterly safe with effortless functionality, making this platform stand out. As an Ethereum holder, you can safely stake your coins and get unique rewards, which is a big positive for crypto investors who believe in Ethereum. Ethereum is an influential ecosystem associated with advanced technology. It deals with smart contacts, industrializes agreements, and provides opportunities for resourceful finance-based applications and complicated voting systems. Ethereum ecosystem is booming like never before, associated with the DeFi and NFT marketplace. These two offer the user several essential services and better clarity and replace outdated substitutions. Undoubtedly, Ethereum has a bright future depending on efficiency and scalability.
The demand for Ethereum is growing and will increase as the platform evolves. The impact of dApps will be huge, and blockchain technology will be more useful in several sectors. Currently, ETH helps a lot in empowering advanced applications and provides safe transactions. Day by day, the Ethereum ecosystem is gaining popularity and expanding, and crypto experts see this token as a strong coin in this highly volatile crypto market. .
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of Ethereum, Our analysis, guided by the machine learning experts, yields forecasts for Ethereum price trajectory up to 2024. With a comprehensive understanding of Ethereum historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 5 and an error value of 0.42%.
For the year 2024, our analysis indicates a projected yearly low of $3,023.83, with the high anticipated to reach $4,567.32. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-07-01 | 3,562.14 | 3,675.61 | 3,782.48 | 5.57 |
| 2024-07-02 | 3,486.64 | 3,597.78 | 3,704.56 | 4.41 |
| 2024-07-03 | 3,486.64 | 3,637.73 | 3,777.2 | 4.41 |
| 2024-07-04 | 3,525 | 3,677.75 | 3,818.74 | 5.56 |
| 2024-07-05 | 3,561.71 | 3,635.88 | 3,708.59 | 5.56 |
| 2024-07-06 | 3,561.71 | 3,635.88 | 3,708.59 | 5.56 |
| 2024-07-07 | 3,561.71 | 3,676.27 | 3,818.74 | 5.56 |
| 2024-07-08 | 3,561.71 | 3,675.17 | 3,782.03 | 5.56 |
| 2024-07-09 | 3,525 | 3,599.17 | 3,708.59 | 5.56 |
| 2024-07-10 | 3,525 | 3,677.75 | 3,818.74 | 5.56 |
| 2024-07-11 | 3,522.54 | 3,634.75 | 3,740.42 | 4.40 |
| 2024-07-12 | 3,519.7 | 3,555.97 | 3,627.45 | 3.25 |
| 2024-07-13 | 3,522.11 | 3,635.4 | 3,776.28 | 4.39 |
| 2024-07-14 | 3,560.85 | 3,675.38 | 3,817.82 | 5.53 |
| 2024-07-15 | 3,562.91 | 3,676.48 | 3,785.59 | 6.69 |
| 2024-07-16 | 3,602.1 | 3,677.89 | 3,789.71 | 7.87 |
| 2024-07-17 | 3,677.14 | 3,753.68 | 3,827.23 | 7.87 |
| 2024-07-18 | 3,641.72 | 3,799.53 | 3,945.2 | 9.05 |
| 2024-07-19 | 3,601.66 | 3,716.46 | 3,826.77 | 7.85 |
| 2024-07-20 | 3,717.14 | 3,795.28 | 3,906.79 | 9.04 |
| 2024-07-21 | 3,641.28 | 3,799.07 | 3,944.72 | 9.04 |
| 2024-07-22 | 3,758.03 | 3,836.26 | 3,911.42 | 10.24 |
| 2024-07-23 | 3,719.68 | 3,838.17 | 3,949.77 | 10.24 |
| 2024-07-24 | 3,799.37 | 3,838.53 | 3,915.68 | 11.45 |
| 2024-07-25 | 3,757.58 | 3,836.57 | 3,949.29 | 10.23 |
Ethereum Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,Ethereum is forecasted to achieve its peak value in 2025 at approximately $6,888.55, while potentially dipping to a low of $3,593.86. The average trading value during this period is projected to hover around $6,039.98.Ethereum Price Prediction 2026
In 2026, Ethereum is anticipated to potentially reach its peak value of $10,602.45, with a possible lower value of $5,649.39. The average trading value for this period is estimated to be approximately $9,352.88.Ethereum Price Prediction 2027
As we look ahead to 2027, the trajectory of the Ethereum coin may offer investors unexpected turns. Projections suggest peaks hitting $15,934.28 and lows stabilizing around $8,299.18, with an average trading value resting near $14,557.1.Ethereum Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the Ethereum coin. Projections point towards a maximum value of $26,316.12, a minimum of $12,943.64, and an average value of approximately $23,735.29.Ethereum Price Prediction 2029
Our market analysis indicates optimistic prospects for the Ethereum crypto in 2029, with projected peaks at $38,311.88 and floors at $19,759.96. Moreover, the average trading value of this coin is anticipated to hover around $33,640.52.Ethereum Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the Ethereum token. Projections indicate highs near $66,258.2, potential lows around $28,784.7, with an average value of about $59,040.17.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $3,526.7 by the Jul 01, 2024. The Relative Strength Index (RSI) stands at 0.9504, indicating a Neutral market stance. Overall, while the long-term forecast is Buy.
About eth
Ethereum Price Prediction FAQ
Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Buy
The Ethereum is predicted to surge by 6.35% to $3,599.17 by Jul 09, 2024, though current indicators show a Bullish sentiment with 14 out of 30(47%) green days and a notable -8.20% price volatility over the past month.