Ethereum to Hit $14,000 by 2030: Finder’s Survey Report
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In its latest (Q2) survey, the company “asks a panel of 54 industry experts for their thoughts on how ethereum will perform over the next decade.”
According to the latest findings, Finder’s panel of experts believes that the second-largest cryptocurrency will close the year at $1,711. Also, they see Ether rising to $5,739 by 2025 and 14,412 by 2030. However, the panel believes that ETH has yet to hit the bottom of the bear cycle, which is at $675. The research portal detailed:
“While holding ETH until 2030 may prove fruitful, our panel thinks there are lean times ahead in the short term, expecting ETH to bottom out at $675 before the year is out.”
Meanwhile, the latest findings show that the panel had significantly reduced their expectations from the Q1 survey. Finder noted: “Our panel’s predictions for ETH going forward have considerably lowered since the start of 2022.”
On whether it is time to go long or short on Ethereum, Finder revealed that the expert panel was divided, noting:
“The panel is fairly evenly split between now being the time to buy (43%) or hold (41%) your ethereum, with only 16% saying it’s time to sell.”
The Finder expert panel includes university directors, crypto exchange executives, crypto research analysts, and executives of firms with crypto-related products.
Key Ethereum Levels to Watch — July 20
Ethereum continued its recovery on Wednesday, reclaiming the $1,600 top at press time. Yesterday, the cryptocurrency tapped a new five-week high at $1,631, a 62.5% jump from its July low of $1,005.
While some analysts foresee a return to the sub-$1,000 area, we might not see such declines in the medium term as ETH appears likely to end July on a positive note, bringing an end to the three-month consecutive decrease. That said, the critical defense level for bulls is the $1,500 figure, keeping in mind that trading conditions are in overheated territories.
Meanwhile, my resistance levels are $1,700, $1,800, and $1,900, and my support levels are $1,500, $1,400, and $1,265.
Total Market Capitalization: $1.08 trillion
Ethereum Market Capitalization: $195.3 billion
Ethereum Dominance: 18.1%
Market Rank: #2
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