2017 was a great year for Cryptocurrencies and that was the time when the price of digital coins was really high. But 2018 was not as good as the previous year. Downs and falls are part of the crypto market. Although there are many digital currencies to invest in the most popular ones are Bitcoin, Ethereum, Ripple, etc. As per the market capital, Ethereum is the 2nd largest cryptocurrency and also the center of attraction for investors. If you are planning to invest in Ethereum and but confused should you buy or not then your search ends up here. Our today’s topic is Ethereum price prediction to give you the fair idea about the upcoming value of the coin.
In our Ethereum price prediction, we will cover the expert’s views about the Ethereum along with our prediction. So just scroll down and start reading to know will Ethereum crash or it touches new heights.
What is Ethereum?
Ethereum is the second biggest cryptocurrency which was introduced by Vitalik Buterin. Also, it is the initial cryptocurrency that utilizes smart contracts. Ethereum allows many cryptocurrencies to exist without having their own blockchain technology.
With its smart contracts, you can execute any transaction without any legal traditional procedure. As a Cryptocurrency Ethereum came into the mainstream in 2013 and since then it has faced several ups and downs. 2018 was the worst year not only for Ethereum but also for all digital coins. How will Ethereum grow in 2019? Let’s discuss.
Ethereum Price Prediction 2019: Expert’s views
Because of the volatile nature of cryptocurrencies, it is pretty tough to predict the price of any digital coin. To grab a fair idea about the future of Ethereum let’s explore the statements of popular crypto personalities:
#1 Joseph Raczynski
Joseph Raczynski is the founder of Joe Technologist.com and he is showing great faith in Ethereum. He predicts that the value of Ethereum might touch the $1200 by the closing of 2019.
#2 Ian McLeod
Ian McLeod thinks that Ethereum might cross the $500 level at the end of 2019 as it might experience a global and monumental breakout.
#3 Brian Schuster
Brian is the founder of Ark Capital LLC and his Ethereum price prediction seems bullish and optimistic as well. He predicts that Ethereum might reach $10,0000 in the upcoming 5 years.
Ethereum Price Prediction 2019: Will Ethereum crash?
In fact, Ethereum is not just a digital coin but firstly it is the platform which allows developers to create decentralized apps. Smart contracts stand it out among the horde of cryptocurrencies and there is great potential in Ethereum if you want to invest in.
When things come in terms of Ethereum crash then many Ethereum price predictions tend to seem dubious at it. Many think that Ethereum can’t crash because it is the base of cryptocurrency and many things take place on this platform. So it is really tough to predict that Ethereum will crash.
Like other Cryptocurrencies, Ethereum can crash and follow past trends. Let’s throw some light at the history of Ethereum price means how it grew and fall in the past years.
In 2015 the Ethereum price was around 0.75$ and in the mid of 20127 ETH price reached to $13. As we said above that 2017 was a magical year for all digital coins and at the closing of 2017 ETH’s price was $1390. Ethereum got a huge jump within two years.
But 2018 was not a favorable year for crypto investors and the price of Ethereum dropped down to $200. And at the closing of 2018, the value of ETH was around $80.
Again in 2019, ETH got remarkable gush and it reached $170.
Now how can we actually say that will Ethereum crash or it will avail you with great revenue if you invest in Ethereum. You can conclude how volatile the crypto market is? Nothing is confirmed and anything can happen at any moment.
Should you buy Etthreum or not?
The foremost thing before buying any cryptocurrency is to decide whether you are looking for a long term investment or for a short term. Also for Ethereum, you have to decide your investment plan first.
After checking the past data of Ethereum we get to know that everything happens because of the huge competition in the crypto market.
If we analyze the expert’s views and community supports we observe a favorable prediction means everyone is showing hope in Ethrreum and I can say it is not going anywhere within a short period of time.
You know very well that Bitcoin and Ethereum are the base of other cryptocurrencies and we think up to 2020-21 you can rely on Ethereum and upcoming 1 or 2 years will be great for the Ethereum. There are chances of downtime in the upcoming 3 to 4 years because many more projects are coming into the mainstream.
For short term investment perspective Ethereum is good but we are not sure for long term investment.
Note: The prediction we have made is based on past trends and expert views and anything can happen within a moment. So it is advised to do thorough research before investing in any cryptocurrency. Only invest such part of your money which you can bear if there are crashes.