Without a doubt, everyone wants to learn what the Ethereum price prediction is for the future. There are many ETH price forecasts on the internet, but which ones should you believe? It is the best option to take your own stand on the potential of Ethereum. Not all predictions should be taken for granted. Many of the forecasts have been made by people who would profit from you investing your paycheck.
In this article you will thus find all the information you could wish for to answer the question: “Is Ethereum a good investment?
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Ethereum price
Every crypto value sees peaks and troughs. It is smart to pick a good time to buy. Is the ETH price very high? Then it is possible that you are late for the moment, but of course this is not by definition the case. Is the price low? Then this does not necessarily mean that right now is a good time to put all your wealth into it. Maybe the value will not increase any time soon.
It’s good to take a look at the recent movement surrounding Ethereum on, for example, GitHub and Twitter. Are enough traders talking about it and are there new improvements? Is there still enough to do and do you have confidence in the ETH price? Then this is good for the Ethereum price expectation and you may have picked a good starting point.
Believing in a project like Ethereum is much more meaningful than aimlessly believing some prediction on the web. You will do good to only invest your hard-earned money in ETH if you have done your own due diligence.
Ethereum price euro
The Ethereum value can be communicated in multiple currencies. For some, the euro is the most common currency. This means they always buy things with it and that’s why it is easy for them to place the ETH value in this currency. Below you can look at the live Ethereum value in euro, the current Ethereum rate. With this you can easily convert Ethereum to euro.
Ethereum price dollar
Where some use the euro to check the Ethereum prices, others use the US dollar. In the international media for example this is written in dollars. This can be confusing when talking about the Ethereum price and value when you are accustomed to another currency. Below you can look at the live Ethereum value in dollar, the current ETH value. This allows you to easily convert Ethereum to dollar.
Why is the Ethereum value rising?
Rather than giving you some arbitrary Ethereum predictions, we are going to present you some useful facts to make up your own mind. A lot of predictions on the internet are worthless anyway. It is smart to be aware of the basic principles when looking at the Ethereum rate. Is there lots of demand for ETH and few people willing to sell at any given time? Then the value will rise as well. The demand in this case is bigger than the supply. Other reasons for a Ethereum price increase can be, for example:
- New collaborations with large enterprises
- Suddenly a lot of new investors because they are afraid to be late to the party (hype)
- Lots of recognition in ‘normal’ news
- There are groundbreaking developments coming up, such as a new consensus mechanism or a token sale.
- There is a difficult situation in the region, as we saw with COVID-19 or can see with wars.
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Why is the Ethereum price dropping?
The opposite is true when the Ethereum price goes down. Is the ETH price going the wrong way? Then there are more sellers than buyers. This will cause the rate to go down and this will only revert again when there is less selling pressure. Other reasoning for a Ethereum price drop:
- There is a fraud or wrongdoing.
- The project has fallen victim to a hack
- Developers get negative publications
- There is hardly any advancement left surrounding the cryptocurrency
- Someone out of the blue sells a large amount of tokens (whale)
- The general attitude in the market is negative
Being ready for the future
Even if you do not know exactly what the Ethereum price will do later it could still be the right choice. If you’re in doubt you could always decide to buy a small amount of ETH. If wrong you don’t lose a lot of cash and if you have some luck you make a nice profit. You can find some price predictions on this page.
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Buy Ethereum (ETH)
There are plenty platforms on which you can buy ETH, but not every broker is equally good. On the one you can easily pay with creditcard and on the other you have a wide range of small and big coins. Below is a list of suitable brokers you can buy/sell on (in Ethereum). However, only do this if you think that the Ethereum price expectation is good based on your own analysis.
Also, it is useful to know that some platforms have had a membership stop in recent years when the prices went up. Be sure you have an account on all the platforms in case you want to buy/sell in the coming years.
| Bitvavo | Payment with iDeal | View exchange |
| Binance | 150+ crypto | View exchange |
| OKEx | Free bitcoin | View exchange |
| KuCoin | Lesserknown coins | View exchange |
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