Ethereum

The price of Ethereum (<a href="https://finbold.com/cryptocurrency/ethereum/" rel="noopener noreferrer nofollow">ETH</a>) has been a hot topic in the crypto community as of late, to the point where numerous experts were consulted and requested to share their views.In particular, finance platform Finder has <a href="https://www.finder.com/uk/ethereum-price-prediction-2023" rel="noopener noreferrer nofollow">asked</a> 32 fintech and crypto experts to give their end-of-year price predictions for Ethereum, and the results reveal positive expectations for the asset.According to the results shared with Finbold, the experts suggest that Ethereum is set to rise as the year progresses, although it will not come close to its all-time high ($4,891). The coin reached this height on November 16, 2021, just before the crypto winter started pushing crypto prices down.Polled finance professionals believe that ETH could reach its peak in 2023 at around $2,758. However, after that the price is expected to start dropping again in the second half of 2023, sinking to $2,342 by the end of the year.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/82ad19b33a854a2eaa9f34a61261ba16.png" />Ethereum price prediction. Source: Finder.comNotably, some of the surveyed experts included Paul Levy, a senior lecturer from the University of Brighton; Dimitrios Salampasis, the director of FinTech Capability at the Swinburne University of Technology, as well as Aaron Rafferty, the co-founder and CEO of StandardDAO.The panelists’ predictions were made into a chart that can be viewed <a href="https://www.finder.com/uk/how-to-buy-ethereum#stats" rel="noopener noreferrer nofollow">here</a>.<h2 id="header-0">Post-Shapella worries</h2>Moreover, commenting on their prediction, a number of panelists also expressed concerns regarding post-Shapella Ethereum.Data shows that around 21% of them believe that ETH is facing a risk of centralization, while nearly one-third of panelists (29%) think that the upgrade will eventually cause a massive sell-off. Meanwhile, half of the panelists believe that the update will result in greater scrutiny by the regulators.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e0c9d9a3a081487889aec8e4b2e07a8e.jpg" />Post-Shapella Ethereum poll. Source: Finder.comAt the time of writing, April 27th, the price of ETH sits at $1,874.89 after declining by 4.64% in the last 7 days.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9c639c8576a042af950215031a1e4b56.jpg" />Ethereum price chart; Last 7 days. Source: Finbold.com<h2 id="header-1">AI provides its own prediction of the Ethereum price</h2>With AI being another hot topic in fintech lately, some experts leverage this technology to predict Ethereum’s future price. AI has been used for automated trading for some time now, as it can quickly identify <a href="https://finbold.com/guide/chart-patterns/" rel="noopener noreferrer nofollow">chart patterns</a> and trends.In this line, <a href="https://finbold.com/ai-predicts-ethereum-price-for-the-end-of-2023/" rel="noopener noreferrer nofollow">Finbold</a> used projections made by CoinPriceForecast which revealed that Ethereum will potentially manage to climb above the $2k mark by mid-2023 and <a href="https://finbold.com/ai-predicts-ethereum-price-for-the-end-of-2023/" rel="noopener noreferrer nofollow">surge to $2,146 by the end of the year</a>.It is worth noting that the AI prediction is less optimistic than the one provided by the polled experts, which projects the ETH price to be higher than that by year-end, even after it drops from the expected $2,758.However, if AI is correct, ETH would still see a 31% price surge by the end of the year compared to its price today.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>.

Finance experts set Ethereum price for the end of 2023

Table of Contents

Finbold

Outros artigos publicados em 27 de abr. de 2023

Introducing the Zealy Campaign: Join the Nilo Open Beta Launch

BlockDown Festival announces Portugal as its next location for huge Web3 culture festival

Coincidence? Bitcoin developer visited CIA, then Satoshi Nakamoto disappeared

Senators delay crypto anti-money laundering bill to attract cosponsors

Arkham Denies Buggy Mt. Gox Alerts to Blame for 7% Bitcoin Price Crash.

Cosmos (ATOM) Price Prediction – The Crypto Community Are Buying Enjin Coin (ENJ) and Collateral ...

Join our free newsletter for daily crypto updates!