$1,880.6| Marketcap | Volume | 52 Weeks High | 52 Weeks Low |
|---|---|---|---|
| 229.3B | 25,693,833,216 | $4,891.7 | $896.1 |
What is Ethereum (ETH)?
Ethereum is a platform built by Russian developer Vitalik Buterin in 2015. That is specially designed for people to build decentralized apps, smart contracts, NFTs, and a blockchain ecosystem.
Ether Browser will include the ability in a peer-to-peer network for sending messages and a generalized blockchain with a built-in programing language allowing people to use the blockchain for any kind of decentralized application that they want to create.
Online cryptographically secure systems for managing your property and contracts social networking and messaging systems that allow users to maintain control of their data, systems for trading underutilized computational resources like CPU time and hard drive space, financial apps (Defi), and eventually tools for online voting and distributed governance.
Ethereum has its currency called ETH, which is the world’s 2nd largest cryptocurrency after Bitcoin and is listed on almost every crypto exchange like Binance, Coinbase, Crypto.com, Gemini, and BitMart Upbit.
Checkout – Bitcoin Price Prediction
(ETH) Ethereum Fundamentals Overview
Before jumping to the Ethereum price prediction and analysis, you should take a look at the fundamentals.
| Launch Date | 2015 |
| Current Price | $1,880.6 |
| Market Cap | $229,266,292,736.0 |
| Volume | 25,693,833,216 |
| 52 Week High-Low | $4,891.7 – $896.1 |
| Coin Rank | 02 |
| Mineable | Yes |
| Mechanism | Proof of Work |
| Listed on | Almost Every Crypto Exchanges |
| Max Transaction Capability | 30 Per Second |
| Average Transaction Cost | Variable (Depend on Demand & Supply) |
| Validator Nodes | 1650+ |
| Current Circulating Supply | 121M |
| Maximum Supply | Unlimited |
| Web & Social | ethereum.org @Ethereum, r/ethereum, Github/ethereum, YouTube/Ethereum |
Ethereum Price Prediction For July 2022
We all know that the first half of 2022 is not great for the crypto market. As the decline in bitcoin began in late November of 2022, so did the downtrend in other cryptocurrencies.
In particular, Ethereum (ETH) fell more than 75% from its all-time high. At present, ETH is trading between $1285 and $1000; however, the market is in a support zone mode and we can see more downfalls or sideways moments for the next few weeks.
The daily chart shows that $1030–$995 is the price level where ETH consistently takes support. This means if the price breaks this level, we might see a price drop. However, if Ethereum’s price is sustained above $1,300, we can expect a 25% to 30% upside momentum.
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ETH Price Prediction For Long-term (2022 – 2025)
In the long run, we consider the weekly chart and note that the ETH price has found support at $1000 to $800, with an RSI near 30. This means if the price is sustained above this level, and there is increased volume, we can see a big upside momentum up to $1700. However, if the weekly candle closes below these levels, we can see a downfall of around 50% near the level of $400.
But before taking any trade, you should consider several indicators such as moving averages, relative strength (not index), and the volume-weighted average price for better understanding.
Ethereum (ETH) Historical Price Events
| Date | ETH Price Event |
| ETH Current Price | $1,880.6 |
| Dec 2021 to Now | Enter In Bear Market and Lose 75% Value |
| Nov 2021 | Make high of $4800 |
| April 2021 to April 2021 | Bull Run 2000% Gain In 1 Year |
| Jan 2019 to April 2020 | Sideways Moment |
| Jan 2018 to Dec 2018 | Lost Almost 90% value and traded near $100 |
| March 2017 to Dec 2017 | Jump almost 37x (Make High $2.45) |
| June 2016 | Make high of $20 |
| 2015 | Ethereum Launch |
FAQ’s
Right now the ETH Cryptocurrency trade at $1,880.6
Ethereum is the second-largest cryptocurrency and the most effective platform for blockchain. This makes it an attractive trading platform for investors and traders, who are always interested in big momentum trades.
We know that the previous ETH all-time high price was $4800 and there are many resistance zones in the upper levels. Therefore, it is unlikely that ETH will hit $5000 this year. However, as crypto makes significant changes in the future, we believe that investors will be able to make more ROI from crypto.
You should understand that we are not in the old days when the Crypto price rose to 100x in a few months. And talk about 10 years after – We don’t know where the ETH or any crypto is going. Remember it’s all forecast based on previous levels and some technical tools – No one knows the Future.
Bottom Line
All of the forecasts and predictions in this post are based on previous levels and technical analysis models. They should not be considered investment advice. Before taking any investment or trading decision, you should thoroughly research a market and seek professional advice before starting trading and investment in crypto.