Ethereum (ETH) Price Prediction: 2025 and 2030 Targets

Ethereum, the second-largest cryptocurrency by market capitalization, has seen a sharp rise in price following strong market momentum.

Ethereum, the second-largest cryptocurrency by market capitalization, has seen a sharp rise in price following strong market momentum. The live price of ETH stands at $2,412.09, reflecting a 24.2% increase over the past 24 hours.

H1 ETHUSD Chart Highlights Key Resistance and Potential Consolidation

The H1 ETHUSD chart on Monday indicates that the price formed a double bottom after finding support around $1,500. Subsequent to this formation, the cryptocurrency displayed strong bullish momentum, pushing it to the 2,500.0 level, where it encountered resistance.

(H1) ETHUSD Chart

As the price hovers near the 2500.0 point, traders may anticipate a period of consolidation or a corrective move, which could be followed by a potential bullish signal, such as a golden cross, setting the stage for further long positions.

On the other hand, if the price experiences a setback and drops below the double bottom support at 1500.0, it could open up possibilities for short positions. However, it's crucial to note that these technical outlooks are based on the current market trends and could change with shifts in market sentiment and major economic events.

Ethereum Weekly Gains Top 31 Percent

Its total trading volume during this period reached $478.92 million. Over the last seven days, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality.

Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.

As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps.

To learn more about Ethereum and its use cases, read Benzinga's analysis on the subject here.

Understanding Ethereum

Ethereum boasts its own programming language, is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality.

Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.

As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps.

To learn more about Ethereum and its use cases, read Benzinga's analysis on the subject here.

Understanding Ethereum

Ethereum boasts its own programming language, used to create decentralized applications, or dapps. It can be used to code user-created tokens, much like Bitcoin maximalists code Bitcoin (BTC).

The blockchain also serves as a decentralized exchange for trading crypto derivatives and other assets. It is powered by the ETH token, which serves as a method of payment for transaction fees and other administrative costs.

The token itself can be traded on major crypto exchanges. It is also accepted by a small number of merchants.

Those who hold ETH in their portfolio can vote on proposals that would upgrade the blockchain.

Analysts: Ethereum Could Hit $16,000, But 2025 Price Target Remains in Triple Digits

As for price predictions, the standard outlooks for 2025 fall in the $15,000 to $20,000 range, while the most bullish forecast, shared by Ethprofit.eth, suggests a rise to $32,000, asserting that the bull run has yet to start.

Meanwhile, analyst Venturefounder on X (formerly Twitter) suggests that Ethereum may be breaking out of three years of triangle consolidation, setting the stage for a potential rally to nearly $16,000.

His forecast for 2025 includes a conservative estimate of $5,000-$7,000 and an optimistic projection of $10,000-$15,000.

$ETH breakout will be legendary

$10,000 #Ethereum is programmed this cycle !

According to the H1 chart, the price of Ethereum formed a double bottom pattern at around $1,500. Afterward, it showed strong bullish momentum, leading it to the 2500.0 level, where it faced resistance.

As the price approaches the 2500.0 point, traders can anticipate a period of consolidation or a corrective move, which could be followed by a potential bullish signal, such as a golden cross, setting the stage for further long positions.

Alternatively, if the price experiences a setback and drops below the double bottom support at 1500.0, it could open up possibilities for short positions.

However, it's crucial to note that these technical outlooks are based on the current market trends and could change with shifts in market sentiment and major economic events.any more.