Ethereum Price Prediction 2022: Has Ethereum begun its road to recovery in 2022?

February 19th, The Average Ethereum Price Prediction 2022 is $ 4492.

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Latest Ethereum Price

Ethereum is considered to be one of the best investments to make in 2022. The latest Crowdwisdom360 Polls on Best Crypto to Buy Now shows Ethereum leading everyday in the last 5 days.

Ethereum Price Prediction 2022: ETH Year to Date Performance

ETH Jan 2022 Performance

On January 2nd, Ethereum had a market cap of $ 455 B, this went lower by 10% to nearly $ 400 B on Jan 16th. This fell by a further 20% to $ 320 B by the end of January 31s. On the 20th of January ETH was trading just over $3000. It has since struggled to remain over $ 3000.

Date

High

Close**

Market Cap

Jan 31, 2022

$2,697.74

$2,688.28

$320,959,888,865

Jan 16, 2022

$3,376.40

$3,350.92

$399,392,136,112

Jan 02, 2022

$3,836.16

$3,829.57

$455,713,570,381

ETH Feb 2022 Performance

After crashing and trading between $2500-$3000 in January, ETH bounced back in February. However, the gain was short-lived. With increasing tension between Russia and Ukraine, both crypto and the stock market have been trading lower.

ETH now is trading just below $3000 and with reducing volume. However, Ethereum’s relative performance versus other coins is improving.

Date

High

Low

Market Cap

Feb 18, 2022

$2,937.31

$2,761.64

$ 333 B

Feb 10, 2022

$3,271.32

$3,070.38

$ 368 B

Feb 01, 2022

$2,802.32

$2,682.62

$ 333 B

Ethereum Price Prediction 2022: Google Search Volumes for ETH

While Ethereum has lost momentum much more rapidly in 2022 than BTC, the pace of fall has slowed quite a bit over the last one week.

Ethereum Price Prediction 2022: Analysts Estimation

It is almost impossible to predict Cryptocurrency prices in the long term (Short term is more accurate). For example, the much-revered Goldman Sachs made a bold prediction that Ethereum would touch $ 8000 by the end of 2021, the actual price was about $ 3800. Having said that, long-term predictions are essential for investors to decide whether to hold or sell a cryptocurrency. In that context, the range for Ethereum price prediction 2022 is as follows:

Average ETH Price Prediction for 2025

TechNewsLeader: $12,327

Trading Beast: $ 5196

CoinPriceForecast: $ 5916

Average Price Prediction for 2025: $ 7813

Read about ETHEREUM Price Prediction Today

Ethereum Price Prediction 2022: Some Facts

Is Ethereum a Good Investment?

Historical Data Supporting ETH Investment

Price

Number of Days

$ 100

May 18th 2017

$ 200

11 days

$ 400

178 days

$ 800

26 days

$ 1600

1143 days

$ 3200

58 days

All Time HIGH, $ 4859

192 days

Ethereum Price Prediction 2022: News Updates

  1. Analyst say Ethereum price could fall to $1,700 if the current climate prevails
  2. $4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown

Ethereum Price Set To Explode! – Here’s Why!

Ethereum Price Prediction 2022: How Ethereum Is Solving Real World Problems?

Ethereum network is turning out to be one of the most versatile blockchain networks capable of solving several real-world problems. Ethereum is used for a variety of innovative applications in finance, web browsing, gaming, advertising, identity management, voting, and supply chain management.

Ethereum project is working to ease the cross-border payments. The P2P protocol of Ethereum has revolutionized the global remittance industry due to which cross-border payments can be sent directly, quickly, and inexpensively.

Recently it has been seen that voting systems are also assimilating Ethereum. The use of the Ethereum network can ensure a crystal clear and fair democratic process by providing no flaws that exist in the process of voting.

Ethereum ensures secure information sharing, which is essential for the transfer of sensitive data like medical records and identity information.  ETH network is widely being adopted in banking system too to ensure hack-free environment for the bankers.

Ethereum’s tamper-proof blockchain-based ledger can help supply chain and logistics management.

How to Invest In Ethereum?

Ethereum is one of the most popular cryptocurrencies. Here are the steps to buy or Invest in Ethereum:

Requirements to buy Ethereum:

  1. Need to have a Crypto Exchange Account
  2. Need to Have a Crypto Wallet

Steps to Invest In Ethereum

  1. Choose a Crypto Exchange
  2. Create your account with the Crypto Exchange
  3. Fund Your Wallet
  4. Buy Ethereum
  5. Store

Ethereum can be purchased on the following websites/ apps – Coinbase, Binance, Robinhood, Trade , Crypto.com, Using a Decentralized Exchange, CEX.IO (Using a Credit or Debit Card), Kraken

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.