Leaving aside the overwhelming dominance of Bitcoin in the market, it has undoubtedly the honor of being the most followed altcoin in the crypto realm. EthereumIt belongs to (ETH). The leading altcoin managed to put a smile on the face of its investors by showing a great performance with a price increase of about 330% throughout the year in 2021. However, after seeing its new ATH of $4,847 in early November 2021, it lost more than 70% in value in January 2022, curbing bullish hopes.
On the other hand, when the overall crypto market fell below $1.5 trillion on January 24, any hope of new ATH for Ethereum was dashed.
So what Finder‘s strong analyst staff made very positive predictions for Ethereum. Analysts, who predicted that the year-end price of ETH will rise above $ 7000, led to the rekindling of hopes for the famous altcoin.
According to the research by the Finder team, the Ethereum price will increase this year. $7,609by reaching a $6,500seems likely to close.
The company’s forecasts for 2025 and 2030 are as follows: 10,810 dollars and 26,338 dollars, respectively.
ETH Bullish Pattern
If the near-term predictions of analysts who are bullish on the value of ETH come true, the value of the famous altcoin will have increased by almost 100% by the end of the year.
While ETH’s trajectory remains uncertain for now, it looks like the price may continue to consolidate in the short term. However, given Ethereum’s network growth, the $7,000 price prediction does not seem too improbable.