Ethereum is fastest growing cryptocurrency. the currency had risen by 3600% by end of 2017 that’s the reason people are looking ethereum as a long term investment.
Now the most improtatnt question for the Etherum investors is what will be the Etherum price in coming days, months or years. To understand the Etherum price forecast you need to undersatd the Cryptocurrency trens, usability and off-course the Cryptocurrency applications, when you will understated these thing you will be able to forecast price.
Ethereum price prediction: 2018, 2019, 2020
The current year is 2018, at this time the Ethereum is priced for approx $200. The recent projection about Ethereum price indicates that Ethereum would reach around $ 2500 by end of 2018. the expectations are saying it will go upto $14000 By the end of of 2019. It is expected the Ethereum would be around $ 31,000 by end of 2020.
Overall this is just a prediction not an investment advise, anything could be happened, But if you really want to get ROI than you will have to forget your investment for one year at least after investing.
Why Ethereum can achieve the above listed price targets: reason
- Increasing application uses
- more companies adopting decentralized cloud-based applications
- increased usage of smart contracts
Ethereum Price Prediction for next 5 years
Currently the Etherum is priced for approx $200, This year we experienced a fall in price of Ethereum, it has reduced after reaching $1200. but now investoores are trying to forecast the potential of Ethereum, is it will be beneficial in coming years? according to current market prediction there are full chances of going Ethereum price up, it can achieve $1900 by end of this year.
As per some of the predictions online, Ethereum would be around $ 5500 in the next 5 years.
Ethereum price speculations 2018
There are lots of speculation running about the Ethereum price. As we look at the growth of ethereum it is one of the best currency people are looking to invest. there are so many cryptocurrencies have increased significantly in the last 12 to 14 months. Ethereum price dropped 200$ from 1200$ in this time period so people are little fearful about investing in ethereum.
To resolve this risk and fear about Ethereum investment you need to understand the company strategy and working mechanism. The Ethereum is a demand and supply based assets,the price of ethereum is regulated by the demand-supply equation. The demand for Ethereum is significant as more and more investors are looking to invest in it.
What will be the Ethereum price in coming days? The exact answer of this question is not easy, we just can predict the price of any currency, the final price is not confirmed. We can make just some predictions.
For example no one could imagine that Bitcoin will hit the 20k dollars in one day starting from $.08. But it happened in less than 10 years. If we think in the same way for Ethereum, it will take some time but for Ethereum it will be faster to reach some numbers. So investing in Ethereum in long term can be a good decision.