While the Ethereum price is trading above $ 1.5000, it is a matter of curiosity at what levels it will close the year. 53 crypto and Web3 fintech experts predict that Ethereum will be lower in December, despite the upcoming ETH 2.0 and later price action.
Experts are positive in the long run, but predict it will trade at $1,711 by the end of 2022
A July 19 Finder survey showed that experts expect $5,739 and $14,412 from Ethereum in 2025 and 2030.
Experts disagree on whether it’s a good time to buy ETH, given the recent market drop and expected boost Ethereum Merge.
Experts expect these levels after Ethereum 2.0
43% of panelists think current levels are a good time to buy Ethereum. However, 16% of experts prefer to sell. The other 41% recommend waiting for the long term. As for the price of Ethereum, 78% of panelists predict that the price will rise as a result of Merge:
- More than a quarter of experts said the price increase will happen soon after Merge
- 24% predict the bull will happen in 3 months
- 13% predicted the rally will happen in 6 months
- Finally, 11% of experts think we will wait a year for this
Experts set Ethereum price for December
A director and lecturer at Swinburne University of Technology, Dr. Dimitrios Salampasis predicted that ETH will trade at $2,350 by the end of 2022. According to the expert, bull movements will begin 6 months after Ethereum Merge. Salampasis explains why:
The expected transition to the Proof-of-Stake algorithm is expected to increase the scalability of the network and bring greater efficiency and efficiency in transactions, as well as potentially reducing gas fees. Ethereum will still need to innovate to make sure it has a point of differentiation when compared to its rivals, especially Algorand and Solana.
However, there are analysts expecting lower prices for the end of the year. Kevin He, COO of CloudTech Group, said that the ETH price will be $750 in December. In the longer term, the expert predicts Ethereum at $5,000 by the end of 2025. Kevin’s comments:
As PoS and faster TPS bring more demand for ETH from miners, investors and Dapp users, and if market woes ease in the second half of the year, we expect the price to rise if Ethereum successfully completes the merger this year. Due to increased demand, it is possible for the price of ETH to rise to or break the previous high.
cryptocoin.comAs you follow, Ethereum reached $1,600 on July 19.
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