A panel of 32 fintech and crypto experts was asked about the levels that Ethereum price can reach in the coming years. Experts expect these levels from the leading altcoin in the short and medium term.
32 experts predicted the Ethereum price for the coming years
Ethereum price has been a hot topic in the crypto community recently, with numerous experts being consulted. A panel of 32 fintech and crypto experts organized by Finder clarifies this question.
According to the results, experts expect Ethereum to rise as the year progresses, although the ATH level will not come close to $4,891. The leading altcoin reached this peak on November 16, 2021, just before the crypto winter began to drag crypto prices down.
Surveyed financial experts predict that ETH will peak at around $2,758 in 2023. However, after that, the price is expected to start falling again in the second half of 2023. Participants predict that by the end of the year, the price of ETH could drop as low as $2,342.
Concerns after Shapella
Also, some experts expressed their concerns about Ethereum post Shapella. The data shows that around 21% believe ETH is at risk of centralization. It turned out that about a third (29%) of panelists expected a big sale at the end of the upgrade. Meanwhile, half of the panelists predict the update will attract more scrutiny from regulators.
Artificial intelligence predicted these levels for Ethereum price
Artificial intelligence has been another hot topic in fintech lately. For this reason, some experts prefer artificial intelligence to predict the future price of Ethereum. AI has been used for automated trading for some time as it can quickly identify chart patterns and trends.
Along these lines, CoinPriceForecast’s womb shows that Ethereum will potentially exceed $2,000 by mid-2023. Also, the AI’s forecast revealed a price target of $2,146 by the end of the year.
It is worth noting that the AI forecast is less optimistic than the forecast provided by the experts surveyed, who predicted that the price of ETH will be higher by the end of the year even after the expected drop from $2,758. However, if AI was right, ETH would see a 31% price increase by the end of the year compared to its price today.
ETH short-term options explode as market rally eases
Ethereum price gained bullish momentum after reports that another bank was at risk of collapse. Moreover, the price increase was supported by a wave of short-term calls that may offer some insight into what to expect.
The new findings suggest that the rally is likely to be short-lived, as short-term call options focus on short-term profits. However, this does not guarantee that prices will not move up in the short and medium term.
In the past hour, ETH has seen over $20 million in Block call option trades, with a high proportion of short-term calls being bought, mainly in giant whale moves. With APR28 approaching, the likelihood of IV declines in the next few days is extremely high. By @GreeksLive
— Wu Blockchain (@WuBlockchain) April 26, 2023
ETH, which we quoted as Kriptokoin.com, is trading at $ 1,953 at the time of writing, which represents an increase of 8.29% in the last two days. The bullish wave facilitated a healthy bounce after a brief interaction with the 50-day moving average.
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