Carlos Fernandes Finder’s latest prediction report suggests that the value of Ethereum, measured in U.S. dollars, might average around $1,840 by the end of this year and potentially rise to approximately $5,824 by the conclusion of 2025. This forecast, however, marks a decrease from the July 2023 projections. The report attributes potential declines in Ethereum’s value, potentially reaching as low as $1,352, to regulatory uncertainties and a challenging macroeconomic landscape.
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Detailed Forecast for Ethereum’s Value
The October 2023 survey conducted by Finder, which involved a panel of 31 cryptocurrency experts, revised the year-end projection for Ethereum (ETH) to an average of $1,840, down from the previously estimated $2,451 in July. The panel’s long-term outlook also adjusts the expected price of Ethereum to $5,824 by the end of 2025 and $14,411 by 2030, both lower than earlier predictions.
At the moment of this report (2:35 p.m. EST), Ethereum is valued at $2,006 per unit. Economic factors are a primary concern for the panelists, influencing their revised short-term price expectations. Ruslan Lienkha, Chief of Markets at Youhodler, suggests that Ethereum’s growth is currently hindered by high traditional finance rates and predicts a significant price increase only after a potential economic soft landing by U.S. authorities in the next year.
Echoing similar sentiments, Ben Ritchie of Digital Capital Management Pty Ltd and Pav Hundal of Swyftx attribute the cautious market approach and Ethereum’s price movements to broader economic challenges and bitcoin halving trends, respectively.
Ethereum’s Current Valuation and Future Prospects
Despite a lower end-of-year price forecast, a vast majority of the panelists—nearly 90%—advocate for holding or buying Ethereum, viewing the cryptocurrency as either underpriced or fairly valued. For the remainder of 2023, the panel predicts Ethereum could reach a peak of around $1,932 and drop to an average low of $1,352. Desmond Marshall of Rouge International and Rouge Ventures warns of potential dips as low as $1,200, influenced by regulatory and economic factors.
Regarding Ethereum surpassing Bitcoin in market capitalization, 43% of the experts see this as unlikely, while about 23% believe it could occur, but not before 2030.
What are your perspectives on these insights? Share your views and join the discussion below.
Frequently Asked Questions (FAQs) about Ethereum forecast
What does Finder’s latest report predict for Ethereum’s value by the end of 2025?
Finder’s report predicts that Ethereum (ETH) could potentially reach a value of approximately $5,824 by the end of 2025, although this figure is slightly lower than previous forecasts.
How has the predicted value of Ethereum changed from previous estimates?
The predicted value of Ethereum has been adjusted downward from earlier forecasts. The year-end prediction for 2023 is now set at around $1,840, down from the July estimate of $2,451.
What factors are influencing the short-term price predictions for Ethereum?
Short-term price predictions for Ethereum are being influenced by macroeconomic factors and high rates in traditional finance, leading to a more cautious market approach and potential lower prices.
What is the predicted lowest price of Ethereum in 2023 according to the report?
The report predicts that Ethereum could potentially dip to an average lowest price of $1,352 in 2023, influenced by regulatory uncertainties and macroeconomic factors.
What do experts believe about Ethereum’s current valuation and future prospects?
Despite the lower end-of-year price forecast, nearly 90% of the experts believe that Ethereum is currently underpriced or fairly valued, and advocate for holding or buying the cryptocurrency. The future prospects of Ethereum surpassing Bitcoin in market capitalization are mixed among the experts.
More about Ethereum forecast
- Ethereum Price Predictions
- Finder’s Cryptocurrency Surveys
- Economic Impact on Cryptocurrencies
- Ethereum Market Analysis
- Future of Ethereum and Bitcoin
4 comments
Interesting predictions, but I think they’re being too pessimistic about 2023 prices, the market can surprise us anytime.
Always tricky with these forecasts, one day you’re up next day who knows, crypto is a rollercoaster haha.
wow, didn’t expect eth to drop that low this year, but hey, maybe it’s a good time to buy more?
Macroeconomic factors? Sure, but let’s not forget the tech advancements in Ethereum itself. That’s a huge factor too.