- The Ethereum (ETH) price closed the previous day’s trade at INR 83,373.25 with a market capitalization of INR 10.45 trillion and a circulating supply of 121,204,046.94 ETH
- The second-largest crypto is facing tough times currently but may register a fine rebound quickly as the market conditions ease a little
- The prices are expected to regain INR 2 Lakh levels soon and surge high to form new ATH beyond INR 4 lakh in the next couple of years
Price Comparison Table (2017-22)
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*At press time
Check the latest prices, charts, and data of ETH/USDT
Additional Read: Ethereum Merge Update
Ethereum Price Prediction 2022:
ETH Price Predicted to Reach INR 1.8 Lakh to INR 2 Lakh by end of 2022
After the gigantic bull run in Q1 & Q2,2021, the ETH price has depleted hard since the Q4 that is carried on until now. The prices are currently fighting to regain the levels above INR 1 Lakh which were lost recently due to a couple of external factors. However, a bullish boost is expected to uplift the price in the upcoming quarters of 2022.
The ETH price is expected to undergo a notable uptrend somewhere in August which could be continued until the end of the yearly trade. No doubt it is pretty tough to regain the levels close to its ATH, yet prices may maintain a consolidated ascending trend and regain the INR 1.5 lakh by the end of Q3. Further to end the 2022 yearly trade, the price is expected to surpass INR 2 lakh and consolidated above INR 1.9 lakh, if it gets rejected.
Ethereum Price Prediction 2023:
ETH Price Predicted to Reach INR 3.6 Lakh to INR 4.2 Lakh by end of 2023
The ETH price may encounter a major resistance level quickly with the beginning of the 2023 trade. The levels around INR 2.25 are pretty crucial as the asset has been rejected multiple times. If these levels are tested and cleared, then a significant chance of the surging with huge bullish momentum, aiming at the ATH emerges. Therefore, by the end of Q2 2023, the prices could secure levels above INR 3.2 Lakh.
After reaching above these levels, the price may face an interim pullback due to rejection. However, bulls may gear up soon to stabilize the rally and uplift the price above INR 3.5 levels, to form a new ATH around INR 3.7 to 3.8 lakh. The asset may try hard to end the yearly trade above INR 4 lakh but may settle down around INR 3.9 Lakh.
Ethereum Price Prediction 2024:
ETH Price Predicted to Reach INR 4.24 Lakh to INR 7.17 Lakh by end of 2024
The asset may soon fall under immense bearish pressure after forming a new ATH above INR 4 Lakh. No doubt the prices may drop a little, but the bullish momentum may continue. The asset after a brief correction could rebound strongly to trade close to INR 5 lakh by the end of Q2 2022.
Further, during the beginning of Q3 trade, the price may reach INR 5.3 Lakh levels and ignite a significant bull run. The price could surge high by more than 25% to 30% then quickly trade above INR 6 lakh by the end of Q3. To end the yearly trade, the ETH prices are expected to trade close to INR 7 Lakh.
Ethereum Price Prediction 2025:
ETH Price Predicted to Reach INR 8.86 Lakh to INR 10.91 Lakh by end of 2025
The year 2025 could be pretty thriving for the second-largest crypto as the asset could barely experience a bearish impact. The bulls could certainly be well-placed and maintain a notable upturned throughout the year. However, minor pullbacks may make their way out, but eventually, the asset is expected to reach INR 9 lakh by the end of the first half of 2025.
Here the asset could face a major hurdle as the bears could extract a huge profit which may drag the price lower to INR 8.8 lakh. The ETH price may consolidate for a couple of months in Q3 and by the end gain strength to reach the levels around INR 9.3 lakh. The asset is expected to reach the milestone of INR 10 Lakh by the end of 2025.
Factors Affecting Ethereum(ETH) Price
- The much-awaited ETH Merger is expected to largely impact the ETH price which is expected to happen in the next 3 months
- The ongoing crisis like the Celsius and 3AC may deeply impact the price as the millions worth of ETH could be on stake
Additional read: Ethereum Deep Dive
How & Where to Invest in Ethereum (ETH)
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.