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Ethereum Price Prediction: Will ETH Price Hit $1000 in 2021

The detailed Ethereum Price Prediction 2021 are elaborated by famous crypto enthusiasts. ETH price may touch as high as $700..



Ethereum remains one of the top cryptocurrencies in the blockchain ecosystem. The smarts contracts front runner is presently the second most popular cryptocurrency behind bitcoin.

Today, with respect to market sentiments and various discrepancies on Eth price predictions, we submit our unreserved opinion about future Eth price and what circumstances may aid the process.

What Is Ethereum?

Ethereum is a decentralized open-source blockchain underlining smart contract functionality. Ether (ETH) is the native cryptocurrency created by Ethereum miners as a dividend for calculations conducted to protect the blockchain.

The Ethereum blockchain currently accommodates over 260,000 different cryptocurrencies, 47 of which are among the top 100 cryptocurrencies by market capitalization.

Ethereum was suggested in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. The development of the Ethereum blockchain was funded by an online crowdsale conducted between July and August 2014. The network then started to function on 30 July 2015. As of then, 72 million coins were minted. This reports for about 65 percent of the total circulating supply in April 2020.

ETH Price Today

Although ETH has been a bit slow, following the newest alt season narrative that has captured the markets with great excitement, Eth is seen to have been gearing up recently.

Within the last 24 hours, gaining around 8% against its USD trading pair, the top cryptocurrency has waved towards the $250 corner. And more upside seems to be expected by traders.

Market sentiments seem overly bullish as 96% of market respondents remain optimistic about Ethereum. According to price derived from Decentralized exchanges like ChangeNow, Ethereum is currently trading at $262.

As of present, Ethereum is trading at $262 per unit of the coin with a market cap of $29 billion. Exchange volume has also risen within the same timeframe, this is valued around $7.3 billion.

Ethereum Price Technical Analysis

Analyzing a few aspects Ethereum (ETH) saw a relative weakness in 2019. As there was a delay in it’s Constantinople hard fork in January which saw a postponement in October 2018. But it is now successfully forked on Feb 28.

Despite all this, the Ethereum platform still hosts high gas fees for transactions, while TRON has no gas fees. Having such scalability issues and other problems left Ethereum with many dApps and few users.

EOS, TRON, and Steem have a greater number of active dApps than Ethereum. These are the four contenders of the dApp race where Ethereum appears to be lacking.

However, the overall crypto market in 2018 suffered a downfall, ETH has completely dropped in value — losing over 90 percent of its value compared to its all-time high.

In 2019 Eth saw a good start in January, but slowly the value dropped to $104 at the end of January, later with Eth reaching $164 in February, it was moving slowly with steady growth.

In March 2019 saw a start at $138 USD. Later the price rose to around $340 in July. Currently, the ETH price is around $187. 2019 was a year of fluctuation for ETH.

Ethereum price followed a declining structure against the US Dollar and Bitcoin in 2019. After keeping a pace in between the $133 and the $134 resistance, ETH price came down slowly against the US Dollar. Ethereum price saw a gradual decrease from March 6 to March 12, 2019.

On March 16, it reached a high value of nearly $143. At the time of writing, it was trading upwards. In April, it reached a high value of nearly $184.

Ethereum Price Prediction 2020

Ethereum in 2020 has faced many hurdles that have kept its price swinging between successive intervals. However, ETH price remains within stable limits, thereby giving hope of a better price return in the future.

Ethereum has enjoyed one year gain around 20.5%. Also, the coin is up by around 7.8% in the last 30 days and by 10% within the last week.

Further in 2020, ETH forecast speculates that Ethereum may touch around $700 by the end of 2020.

ETH Price Prediction 2021

In 2021, Ethereum will see an explosive growth of about 200% and the price will be around $1000 by December of the year. This will be aided by the market takeover of Defi projects which employs the use of smart contracts built on the ethereum blockchain.

Ethereum 5 Years Price Prediction

In the next five years, Ethereum is predicted to see a price surge to around $2000. This is according to market watchers who believe that the top crypto will see major improvements in the future.

Ethereum Price Market Prediction

  • #1. Wallet Investor: Online prediction website, Wallet Investor investor predicts that Ethereum price will plunge to $184 in 2020 and to $125 by the end of 2021
  • #2. Trading Beast: This expert website also went bearish on Ethereum. According to them, the Eth price will fall as low as $128.9 by the end of this year.
  • #3. Crypto Ground: Bullish on Eth price, they predict that the cryptocurrency will trade at $1,445 by the end of 2025.
  • #4. Digital Coin Price: According to DCP, Eth price 2020 will be around $500 in one year’s time. This is perhaps the most bullish Eth price prediction offered in the market.

Influencer View on ETH

#1. Alexis Ohanian, Reddit Co-founder, this Ethereum prediction price will grow due to buildings on top of its blockchain. In the end, Alexis told Fortune that the price will be $1,500.

#2. Crypto Dog: The famous crypto analyst releases an indirect prediction earlier this year, stating that Ethereum looked bullish in the long term.

#3. Brian Schuster: Founder of Ark Capital LLC, predicts that ETH may reach $100,000 by the end of 2025. He said this in addition to believing that ETH is more like Gold, a store of value.

Our ETH Price Prediction

Owing to various market sentiments, we stay bullish on ETH in the long term. We think the ETH price may touch as high as $700 by the end of 2020 and may reach $1000 by 2021.


What Is Ethereum?

Ethereum is a decentralized open-source blockchain underlining smart contract functionality.

What Is Gas?

A gas unit is the smallest type of work that is processed on the Ethereum network.

What Is Ethereum 2.0?

Ethereum 2.0, also called Eth2 or ‘Serenity’, is the next upgrade to the Ethereum blockchain. Ethereum 2.0 will be released in multiple “Phases” starting in 2020 with Phase 0.

What Is The Release Date Of ETH 2.0?

Phase 0 of Ethereum 2.0 will launch in 2020. Phase 1 is anticipated in 2021. Phase 2 and beyond are anticipated for 2021 or later.




Polygon (MATIC) Price Retraces Well, Is It A Dead Cat Bounce Or A Recovery?

The Polygon price struggling to sustain the uptrend, the possibility of a fake breakout haunts the Matic Price Rally



Matic Netwrok gained immense popularity and recognition with the rebranding to Polygon, earlier this year. Additionally, the Matic price rally also gained mainstream attention and adoption of-let. However, surrounding the immense market uncertainty, Polygon price slumps to its lowest levels.

The price has tanked more than a couple of time in a months time. Therefore healing is much delayed than expected. No doubt the price initiated with recovery within a short time frame, yet the multiple plunges have impacted the momentum of the uptrend. And hence, the probability of forming higher highs has fallen down to lower highs.

matic deadcat

As mentioned in the chart, the MATIC price experiences an extreme squeeze as the resistance levels are lower after each slump. The recovery rate has also gone down which clearly indicates the loss of bullish momentum. With the price attempting to uplift again, it would be mandatory to raise a huge leg up. Else, if the price follows the previous pattern, the dead cat bounce may lead the price to revisit the levels below $1.

AlsoRead: MATIC Price Targets $2.40 Level! Polygon Flashes Buying Signals!

Is It Safe To Enter The Matic Price Trade?

The short-term price analysis for the Polygon price, however, does not give a fully green signal to enter the trade. As the instability prevailing the crypto space does point out to observe the price movements closely and enter at the right time.

However, the recent dip may have opened the doors to initiate a ‘buy’ trade. As the price is expected to jump high soon. As per the analyst, Altcoin Sherpa, there was a nice dip towards the demand zone. Moreover, the analyst believes the price may reach the weakly highs around $1.7.

$MATIC: Nice dip to the demand zone again w. a good reaction. Would like to see it flip this current level before buying. Decent buy volume from yesterday; we’ll see if this can test higher. #MATIC

— Altcoin Sherpa (@AltcoinSherpa) June 23, 2021

Interestingly, the analyst also predicts a dip after the price attains the upper resistance levels. And hence, the $2 target still remains still misty. As the bulls remain still calm and maybe waiting for the right time to uplift the Matic price.

The short-term price analysis for the Polygon price, however, does not give a fully green signal to enter the trade. As the instability prevailing the crypto space does point out to observe the price movements closely and enter at the right time.



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Will Bitcoin Death Cross Pave Way for a Golden Cross

The token’s price pattern on the charts has recently formed a death cross pattern. i.e, the crossing of BTC’s 50-day moving…



Bitcoin plunged to a two-week low on Monday, falling as much as 11.4% to $31,735. The flagship crypto has been highly volatile, as it has dropped more than 20% in the last six days and is almost half the price of its April high of nearly $65,000.

The token’s price pattern on the charts has recently formed a death cross pattern. i.e, the crossing of BTC’s 50-day moving average below the 200-day moving average.

This infamous pattern has triggered a conversation amongst traders and analysts. While some consider it as a bearish indicator, some believe the prices will recover and surge higher than ever before.

Historically, Bitcoin’s formation of a death cross in March 2020 proved no hindrance to profits, as it rose two months later and formed a golden cross. However, a death cross in November 2019 resulted in the coin’s price falling a month later.

Popular analyst and trader Benjamin Cowen has weighed in on the death cross pattern. He believes that moving averages are lagging indicators that often tell us what we already know.

Cowen says Bitcoin will have lengthy bull cycles, and it is in for a long period of consolidation and range. The expert claims that he believes BTC Price will reach $100,000, but that it will take longer than most people think.

The analyst believes that now that the death cross is nearly complete, Bitcoin bulls can look forward to a probable “golden cross”.

“One nice thing about a death cross is that the next thing you can maybe look forward to is a future golden cross. Now, I don’t know how long it’ll take… We know that historically speaking, at least in recent years, it could take six months before we get above the 20-week [moving average] and then hold it as support.”

Not just Cowen, Popular analyst Plan B has also weighed in, He took to Twitter and pointed at the timelines of previous death crosses in Q4 2019 and Q1 2020 and what followed further.

Historically, Bitcoin’s formation of a death cross in March 2020 proved no hindrance to profits, as it rose two months later and formed a golden cross. However, a death cross in November 2019 resulted in the coin’s price falling a month later.



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A Major Breakout Awaits Cardano Price, Is $2 Achievable Now?

Cardano(ADA) price is showcasing a possibility of a major breakout that might result in a reattempt to propel towards $2



cardano surge

The crypto space is currently uncertain as the price of most of the coins does not point out either bullish or bearish. While speculations and anticipations fail for most of the coins, Cardano price stands away from the crowd. As the ADA price currently is not too bullish nor it does show signs of a plunge to lower lows.

Despite a major drop during mid-may, the price remained above $1 whereas the other assets within a similar range plunge down to $0.7 to $0.8 levels. Considering the present scenario, ADA price is trending within a narrow range. And hence showcasing a possibility of a breakout as it failed to break down the strong support levels.

Also Read: Is Cardano Price Poised For 500% Rally? ADA Price to Hit $10 By 2021 End


As mentioned in the chart, the price after bouncing above the support levels did not dip below these levels in the past month. However, the fresh dip enforced the price to trade within the lower limits of the channel. On the other hand, a triangle pattern has also formed and the price already rebounded from the lower levels. And hence after a consolidation for another day or two, a breakout appears imminent.

Cardano price bull run seems to approaching very fast as it has followed the uptrend line without any flaws. And the price could reach $1.84 or equal to 0.0000519 BTC by the end of July as predicted by a popular analyst, mantorras.

The crypto space is highly anticipated to gain enough momentum and bounce back. Many analysts believe the upcoming Q3 and Q4 of 2021 will be very fruitful than the initial one’s. And hence, Cardano price may also regain the lost positions above $2 with an aim to never revisit lower levels. In such a case, the bulls need to uplift the ADA price well before the time.

Photo of Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.



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