Ethereum

<h3 id="strong-disclaimer-strong">Disclaimer</h3>The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices.The recent <a href="https://finbold.com/2-days-ahead-of-ethereums-shapella-upgrade-what-to-expect/" rel="noopener noreferrer nofollow">Shapella upgrade</a> has propelled the price of Ethereum (<a href="https://finbold.com/cryptocurrency/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) toward $2,000, fueling investors’ hopes for the <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">cryptocurrency</a> to continue its rally. Since the beginning of 2023, ETH has surged by over 60%, and crypto traders are hoping for the price to reclaim this level and continue its upward trend.The DeFi asset experienced a momentary crash on April 12, dropping as low as $1,841 before bouncing back and surging to its highest price since May 2022 at $1,990 on April 13. Despite this impressive rebound and Ethereum’s overall bullish trend, the Ethereum community at CoinMarketCap remains bearish on the asset’s performance for the end of the month.Indeed, the crypto community over at <a href="https://finbold.com/guide/best-crypto-data-websites/#CoinMarketCap" rel="noopener noreferrer nofollow">CoinMarketCap</a> predicts ETH to trade at an average price of $1,721 (-13.43%) -$267 on April 30, according to the votes of 1,654 individuals.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6e8a6836ebe44e049518e5cd0b5c386b.jpg" />ETH end of April price estimation. Source: CoinMarketCapOverall the community has a 90% historical accuracy of predicting Ethereum’s price over the last six months, with the most recent forecast in March with an accuracy estimation of 87.36%.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e779df5c4046481197e9fe590163966b.jpg" />ETH’s last 6-month price accuracy. Source: CoinMarketCap<h2 id="header-0">Ethereum price analysis</h2>In the last 24 hours, Ethereum was trading as high as $1,990. Currently, ETH is trading at $1,982, up 5.99% on the day, with a total market capitalization of $239 billion, as per the data retrieved by Finbold on April 13.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/30bba8a5fdff4a10af194da423cf9e80.jpg" />ETH 1-day price chart. Source: FinboldCrypto analyst Michaël van de Poppe <a href="https://twitter.com/CryptoMichNL/status/1646439581988839424" rel="noopener noreferrer nofollow">noted</a> ‘Ethereum is going for it’ and looks set potentially climb as high as $2,020 as the next level of resistance.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1e97a275ccd549f6a13915f6c1cff925.jpg" />ETH price chart. Source: Michaël van de PoppeEthereum’s technical analysis (<a href="https://finbold.com/guide/technical-analysis/" rel="noopener noreferrer nofollow">TA</a>) on TradingView’s 1-day gauges are extremely bullish; its summary aligns with the ‘strong buy’ sentiment at 17, resulting from <a href="https://finbold.com/guide/stochastic-oscillator-definition/" rel="noopener noreferrer nofollow">oscillators</a> pointing at ‘buy’ at 3 and moving averages (<a href="https://finbold.com/guide/moving-average/" rel="noopener noreferrer nofollow">MA</a>) indicating a ‘strong buy’ at 14.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a8c17c19fbdd493b9b12fca02ef2fcb3.jpg" />ETH 1-day TA chart. Source: TradingViewWhile the future performance of the DeFi asset remains uncertain, Ethereum’s overall upward trend suggests continued growth in the near future.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

Crypto community with 90% historical accuracy sets Ethereum price for April 30, 2023

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