One of the main focuses in cryptocurrency news recently has been the price of Ethereum now, with markets awash with many Ethereum price prediction speculations. Currently, the Ethereum value is just underneath the $3,000 mark - a milestone for the second most popular token on the market. Trading close to $5,000 in November 2021, the Ethereum price is far away from its more recent standings, and this has been a great source of debate in cryptocurrency outlets.
While there is always considerable focus on the likes of the BTC and ETH cryptocurrency tokens, attention has turned in crypto news towards the future of Ethereum, with many Ethereum price predictions currently way off its actual position.
Considering the price of Ethereum now, there may be long term opportunities for traders looking to go long, as many may see the Ethereum value as a false representation of its true value - particularly in the context of its high points not so long ago. However, the short term prospects of the ETH cryptocurrency continue to be difficult to determine, as markets are generally volatile currently and Ethereum value bouncing between $2,800 and $3,200 in the short term.
Ethereum Falls by 3.4% and Makes News in the Crypto World
While Bitcoin is of course the most popular cryptocurrency, Ethereum still gets its fair share of spotlight in news. Recently, the Ethereum price has fallen below $3,000, which is a significant milestone for the cryptocurrency as it is reflective of its fall in value over the last few months.
However, the fact that the Ethereum price has started to float around the $3k mark is not something that should be lamented by its avid followers. More, it is sign of the growing maturity of the Ethereum coin, as it once upon a time struggled to break through the $1k ceiling.
Crypto news stories have nonetheless been gripped by the fall of Ethereum below the $3k mark, which undoubtedly went against your typical Ethereum price prediction.
Predictions on Ethereum
The latest Ethereum price prediction points towards reasonably steady growth over the long term, owing to the general direction that cryptocurrencies have been heading recently. However, cryptocurrency news has recently been focused on the impact that world events have been having on the crypto industry, Ethereum included.
While Ethereum is trading below its peak of close to $5k, optimism remains for its longer term prospects. Certainly, we can expect to see news of steady progress in the Ethereum price correction on a gradual basis, as many believe that its current position is a false one.In fact, crypto articles often cite ETH cryptocurrency as a good bet for investing because of this.
Platforms to Buy Ethereum at its Lowest
ZB.com is a digital asset exchange with an exemplary security record. With ZB, you can trade the Ethereum coin using both trading pairs of USDT and QC. The ZB Trading Bot will also allow traders to make the most of any short term price fluctuations by automatically selling positions that rise in value and selling positions that fall.
Coinbase has been in the crypto space for many years, and is synonymous with the whole crypto industry. The look and feel of the Coinbase website gives it a unique position against its competitors, as it is certainly a point of differentiation for it.
Crypto.com has become a very big player in the crypto market. If you’re ever wondering what the price of Ethereum is now, crypto.com will have the answer for you. Crypto.com is also a popular platform to go for all the latest crypto news,
An off-shoot of the ever-popular Binance, Binance.US is tailored for its US audience and no doubt adapted to the rules and regulations surrounding cryptocurrencies in the United States. As with all good exchanges in the industry, you will be able to trade Ethereum on Binance.US as well as hundreds more tokens. Binance.US was in the news recently, reporting on its presence at the Miami Crypto Expo.
Ethereum Coin Chart
If you were to look at an ETH cryptocurrency chart from its inception, you will see a small spike in value between June 2017 and July 2018, before another huge spike in value from January 2021 onwards. Nonetheless, cryptocurrency news has always been very favorable towards Ethereum, even in its infancy. More recently, the Ethereum price has been relatively volatile, jumping between $2.5k and $3.5k over the course of many days and weeks.
Cryptocurrency competing coins?
- Bitcoin (BTC)
- Ethereum (ETH)
- Yearn Finance (YFI)
Bitcoin is the world’s most popular Bitcoin. The leading token in the news of cryptocurrency, BTC leads the way in the crypto market, and is the go-to coin for traders across the world.
Second in command in the crypto world, Ethereum is proving to be a popular alternative to BTC.Cryptocurrency sources have tipped Ethereum to bounce back from its recent fall in value, and believe that it will not only match its previous peak of $4.8k but also get above $5k.
Yearn Finance (YFI)
Yearn Finance is built on the Ethereum blockchain, a specific technology that allows crypto traders to optimize their earnings through lending and trading services. YFI has been getting attention in recent Cryptocurrency news articles owing to its popular technology.
- Rothschild Investment Corporation - 0.09%
- Kingfisher Capital LLC - 0.04%
- Rye Brook Capital LLC - 0.03%
- Arrow Capital Management Inc - 0.02%
What will be the ethereum price in 2025?
The Ethereum price in 2025 is difficult to predict! However, if we consider its price 3 years ago, in 2019, it was worth $150 per Ethereum coin. Considering it is now floating around the $3k mark, don’t be surprised to hear about Ethereum near the $10k mark in the crypto news.
Why is the Ethereum price going down?
There are multiple reasons for the ETH cryptocurrency price drop. One thing that is particularly true of recent times is the impact of macro external events on the price of not just cryptocurrencies but stock markets around the world. Uncertainty breeds instability, and as a result there has been a lot of volatility in the market. This will undoubtedly have contributed to the price of ethereum now going down.
What determines ethereum price?
The Ethereum coin price, just like in other markets, is determined by supply and demand. When there is less demand for Ethereum, and more sell orders are executed, its price will go down as there is now more of it to be sold. When there is a lot of demand for Ethereum, its price will go up.
Where to buy Ethereum?
You can buy the ETH cryptocurrency on ZB.com, a totally secure digital asset exchange with nearly a decade of experience in the crypto industry. Buy the Ethereum coin using the trading pairs of USDT and QC, as well as via P2P trading or by using your credit/debit card. ZB is also a good channel to go to in order to keep up with the latest crypto news, with its social media platforms reporting on all the latest crypto updates whilst providing educational and knowledge-focused content for its followers.
How to predict ethereum price?
There is a lot of risk involved with investments, and predicting the price of cryptocurrencies like Ethereum is no different. Nonetheless, experienced traders begin to get a feel for markets, and understand the indications of a potential bear market or a bull market. Using these indications, they are able to predict prices of crypto such as Ethereum. A good question to ask yourself is ‘what is the price of Ethereum now’, and compare that to where it has been over the short term. There may be opportunities to capitalize on if the price seems to be in a false position.