Ethereum cryptocurrency is predicted to grow to $ 11,727

55 experts from the fintech and cryptocurrency industry shared their predictions about the future of the ethereum. It is expected that the value of ETH will reach $ 1377 by the end of 2022. As for the future, analysts predicted that by 2025, the price will rise to $ 5154, and by 2030 — $ 11,727.

According to Joseph Raczynski, an expert and representative of Thomson Reuters, the benefits of Ethereum’s transition to the PoS consensus mechanism have not yet been assessed: «Ethereum has become more valuable and secure by reducing electricity consumption by more than 99%.» According to Rachinsky, when investors are able to fully appreciate the importance of ETH, its price will increase.

Ben Ritchie, director of Digital Capital Management, shares a similar view, believing that the value of ethereum is currently undervalued. Ritchie is convinced that by 2025, ETH will be trading for $ 8000. «Unfavorable market conditions have hindered the network’s development, but if we put these factors aside, the probability of Ethereum’s success will increase significantly ,» the analyst emphasized.

At the time of writing, Ethereum is trading at $ 1276, down 6.55%. Currently, the price of ETH does not meet the pessimistic forecasts of analysts who expect a 15% drop this week. As part of the inverted pennant trading pattern where ETH has been for several days, analysts have spotted a triangle in which the price of ether will peak before resuming its previous downtrend. In the language of numbers: Ethereum could rise to $ 1450 and fall to $ 1130.