Ethereum (ETH) Price Prediction 2025-2030: ETH balances between bulls and bears
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
Ethereum (ETH), the token that powers the world’s leading smart contracts platform, is balancing precariously $1,800. Ethereum’s price rose dramatically in March, replicating Bitcoin’s performance, before hitting resistance at $1,850.
Read Price Prediction for Ethereum (ETH) 2023-24
ETH, the market’s second-largest token, has been trading between $1,766 and $1,844, indicating an overall bullish trend in the crypto market. The ETH token has recently seen a significant increase in demand as investors flock to the cryptocurrency due to its impressive returns and solid project fundamentals. If $1,800 support holds, ETH’s price could strengthen its bullish outlook over the weekend and move closer to the $2,000 mark.
As we approach the launch of the Shanghai update, this speculation is not improbable. The initial cost of Ethereum in 2022 was $3,722.59. At press time, ETH was trading at $1,827.92.
Source: TradingView
The unpredictability has also been caused by Ethereum’s long-awaited Shanghai upgrade, which is expected to become operational in a few weeks. A short-term sell-off event is expected to follow the update, which will allow stakers to withdraw their vested tokens from Ethereum’s proof-of-stake (PoS) smart contract.
The Ethereum community seems to be supportive of Coinbase’s recently revealed layer-2 network, Base, which has been called a “watershed moment” and a “huge confidence vote” for the blockchain network.
Base, a layer-2 network driven by Optimism and secured on Ethereum, seeks to eventually develop into a network for creating decentralized
Read more on ambcrypto.com
