24/7 Cryptocurrency News

Ethereum Price Today: ETH Hints at $3,000 Revisit

Uncover if Ethereum price sell signals will weight down on ETH and trigger a crash to $3,000 or if ETH bulls can manage to revisit $4,000?
Published by
Ethereum Price Today: ETH Hints at $3,000 Revisit

Highlights

  • Ethereum price remains steadfast despite market-wide correction.
  • Ethereum price continues to sustain its gains despite a sell signal on the daily chart.
  • A bounce off $3,500 support level could propel ETH to $4,000.

Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at $3,623.7 as of 11 PM. Surprisingly, ETH performance during the recent crash is much better than most altcoins. Regardless, Ethereum prices today hit a daily high of $3,663.1 after -0.31% move on October 4.

Advertisement

Ethereum Price Today Follows BTC’s Drop: What’s Next?

Ethereum price performance relative to its peers showed strength, but the recent $2 billion worth of BTC moved by the US Government coupled with Korea’s Martial Law could be causing Bitcoin to slide lower. If this trend continues, it could weigh against ETH’s strength and could catalyze a drop. Will Ether hit $3,000 first or climb up to revisit $4,000?

Regardless, ETH’s strength shows a paradigm shift that hints at an end of Ether’s boring 2024 performance has ended and that it is ready to compete with top altcoins and even BTC. Furthermore, a sideways movement in BTC or a climb toward $100k could catalyze ETH price to extend its gains.

Advertisement

Ethereum Price Chart Today

*Ethereum price updated as of 11 PM.

Ethereum’s innovative smart contract technology has made it a standout altcoin since its inception in 2015. Continuous major network upgrades ensure Ethereum stays ahead in smart contract innovation. The latest upgrade, Cancun, launched on March 13, 2024.

Ethereum Price Outlook

ETH’s year-to-date (YTD) performance continues to increase and currently sits at 33%. This recent slump in Bitcoin price has affected the YTD gains, which have dropped from 50% since November 11. As of October 4, 2024, if you invested $10,000 in ETH on January 1, 2024, your portfolio, after 317 days, would be up roughly $3,317. Ethereum’s market capitalization stands at $436.4 billion.

Ethereum: The Second-Largest Crypto By Market Cap

Ethereum ranks second in market capitalization, valued at $436.4 billion, after Bitcoin’s $1.73 trillion. Together, BTC & ETH’s market capitalization constitutes 83% of the total crypto market cap.

Since its all-time high of $571 billion in November 2021, Ethereum’s value decreased by half in October, but has spiked recently due to Bitcoin’s new ATH. Still, Ethereum maintains a strong lead over other popular cryptocurrencies:
  • Solana (SOL): $98.8 billion
  • Ripple (XRP): $89.8 billion
  • BNB (BNB): $91.0 billion

Despite this recent downtick and recovery, the 24-hour trading volume of Ethereum is $39.4 billion.

Ethereum’s Crypto Trading Volume Soars

The 24-hour trading volume of Ethereum is $39.4 billion. Binance is the largest contributor to this trading volume – about 11% is contributed by spot trading and nearly 40% from futures trading. Exchanges like OKX, Bitget, and ByBit follow Binance.

Ethereum Morphs to Proof-of-Stake Technology

The London hard fork is a significant Ethereum blockchain upgrade. It changed the network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Ethereum co-founder Vitalik Buterin recently shared his thoughts on X (formerly Twitter). He explained how Proof-of-Stake (PoS) is more decentralized than Proof-of-Work (PoW).

Key Ethereum Blockchain Upgrades in the Past 5 Years

Here are some key upgrades in the past five years that shaped Ethereum as the second-largest crypto by market capitalization.

2024:

  • Cancun-Deneb (“Dencun”): This upgrade aimed to improve Ethereum’s scalability, security, and usability, setting the stage for further enhancements.
2023:
  • Shanghai-Capella (“Shapella”): Enabled the withdrawal of staked Ether (ETH), marking a significant milestone in Ethereum’s transition to a Proof-of-Stake (PoS) consensus algorithm.
2022:
  • Paris (The Merge): Successfully transitioned Ethereum from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus algorithm, reducing energy consumption and increasing security.
  • Bellatrix: Prepared the Ethereum network for The Merge by introducing the necessary PoS consensus logic.
  • Gray Glacier: Delayed the “difficulty bomb” that would have slowed down the network, ensuring a smooth transition to PoS.
2021:
  • Arrow Glacier: Delayed the “difficulty bomb” again, providing more time for the transition to PoS.
  • Altair: Introduced several improvements to the Beacon Chain, including better validator incentives and enhanced security.
  • London: Implemented the highly anticipated EIP-1559, which reformed the transaction fee market, making it more efficient and user-friendly.
  • Berlin: Introduced several protocol upgrades, including improved gas efficiency and enhanced security features.
2020:
  • Beacon Chain genesis: Launched the Beacon Chain, marking the beginning of Ethereum’s transition to PoS.
  • Staking deposit contract deployed: Enabled users to deposit ETH and participate in the PoS consensus algorithm.
  • Muir Glacier: Delayed the “difficulty bomb” to ensure a smooth transition to PoS.

ETH Gas & It’s Effect on Ethereum Price

The blockchain upgrades Ethereum receives aim to solve the trilemma of blockchain, i.e., balancing decentralization, security, and scalability. The switch to Proof-of-Stake (PoS) enhanced these aspects. Ethereum’s transaction fees (gas fees) plummeted post-upgrade, drawing more investors. Gas fees are like taxes, measured in Gwei, required for secure transactions.

As of October 4, the gas fee for a transaction on the ETH network as of 11 PM is 14 Gwei.

When Ethereum’s on-chain value grows, presenting opportunities, investors flock, driving gas fees up. This typically occurs during market upswings, peaking at all-time highs.

Advertisement

Ethereum Price Forecast For Next Week

Date Price Change
October 04, 20254458.70-0.25%
October 05, 20254508.340.86%
October 06, 20254600.302.92%
October 07, 20254786.737.09%
October 08, 20254914.799.96%
October 09, 20255006.9012.02%
October 10, 20254885.549.3%
October 11, 20254789.827.16%
October 12, 20254829.478.05%
October 13, 20254954.3110.84%
October 14, 20255149.7115.21%
October 15, 20255244.3217.33%
October 16, 20255316.7318.95%
October 17, 20255362.4619.97%
October 18, 20255358.6019.89%
October 19, 20255299.9618.57%
October 20, 20255249.2917.44%
October 21, 20255189.9416.11%
October 22, 20255025.6812.44%
October 23, 20254852.978.57%
October 24, 20254667.754.43%
October 25, 20254647.813.98%
October 26, 20254692.854.99%
October 27, 20254664.254.35%
October 28, 20254652.254.08%
October 29, 20254673.754.56%
October 30, 20254723.445.68%
October 31, 20254788.937.14%
November 01, 20254891.439.43%
November 02, 20254975.1511.31%

Based on CoinGagpe’s Ethereum price predictions, investors can expect ETH to trade at around $3,373 in the next week. This is a considerate prediction and is in line with the lackluster performance seen since the start of 2024.

Ethereum Price Forecast Between 2025 & 2029

Month Minimum Price Average Price Maximum Price Potential ROI
January $3,994.09 $5,351.31 $4,672.70 18.9%
February $3,813.23 $5,340.16 $4,576.70 16.5%
March $3,632.38 $5,329.01 $4,480.70 14%
April $3,451.53 $5,317.86 $4,384.69 11.6%
May $3,270.67 $5,306.71 $4,288.69 9.2%
June $3,089.82 $5,295.56 $4,192.69 6.7%
July $2,908.97 $5,284.41 $4,096.69 4.3%
August $2,728.11 $5,273.26 $4,000.69 1.8%
September $2,547.26 $5,262.11 $3,904.69 -0.6%
October $2,366.41 $5,250.96 $3,808.68 -3.1%
November $2,185.55 $5,239.81 $3,712.68 -5.5%
December $2,004.70 $5,228.66 $3,616.68 -7.9%
All Time $2,999.39 $5,289.99 $4,144.69 5.5%
Month Minimum Price Average Price Maximum Price Potential ROI
January $2,595.89 $5,577.94 $4,215.46 7.3%
February $3,187.08 $5,927.22 $4,814.23 22.5%
March $3,778.28 $6,276.50 $5,413.01 37.8%
April $4,369.47 $6,625.77 $6,011.79 53%
May $4,960.66 $6,975.05 $6,610.56 68.3%
June $5,551.85 $7,324.33 $7,209.34 83.5%
July $6,143.04 $7,673.61 $7,808.12 98.7%
August $6,734.23 $8,022.89 $8,406.89 114%
September $7,325.43 $8,372.17 $9,005.67 129.2%
October $7,916.62 $8,721.44 $9,604.45 144.5%
November $8,507.81 $9,070.72 $10,203.22 159.7%
December $9,099 $9,420 $10,802 174.9%
All Time $5,847.45 $7,498.97 $7,508.73 91.1%
Month Minimum Price Average Price Maximum Price Potential ROI
January $9,464.42 $9,797.92 $11,232.25 185.9%
February $9,829.83 $10,175.83 $11,662.50 196.8%
March $10,195.25 $10,553.75 $12,092.75 207.8%
April $10,560.67 $10,931.67 $12,523 218.7%
May $10,926.08 $11,309.58 $12,953.25 229.7%
June $11,291.50 $11,687.50 $13,383.50 240.6%
July $11,656.92 $12,065.42 $13,813.75 251.6%
August $12,022.33 $12,443.33 $14,244 262.5%
September $12,387.75 $12,821.25 $14,674.25 273.5%
October $12,753.17 $13,199.17 $15,104.50 284.4%
November $13,118.58 $13,577.08 $15,534.75 295.4%
December $13,484 $13,955 $15,965 306.3%
All Time $11,474.21 $11,876.46 $13,598.63 246.1%
Month Minimum Price Average Price Maximum Price Potential ROI
January $14,025.08 $14,515 $16,593.75 322.3%
February $14,566.17 $15,075 $17,222.50 338.3%
March $15,107.25 $15,635 $17,851.25 354.3%
April $15,648.33 $16,195 $18,480 370.3%
May $16,189.42 $16,755 $19,108.75 386.4%
June $16,730.50 $17,315 $19,737.50 402.4%
July $17,271.58 $17,875 $20,366.25 418.4%
August $17,812.67 $18,435 $20,995 434.4%
September $18,353.75 $18,995 $21,623.75 450.4%
October $18,894.83 $19,555 $22,252.50 466.4%
November $19,435.92 $20,115 $22,881.25 482.4%
December $19,977 $20,675 $23,510 498.4%
All Time $17,001.04 $17,595 $20,051.88 410.4%
Month Minimum Price Average Price Maximum Price Potential ROI
January $20,754.17 $21,480.08 $24,508.42 523.8%
February $21,531.33 $22,285.17 $25,506.83 549.2%
March $22,308.50 $23,090.25 $26,505.25 574.6%
April $23,085.67 $23,895.33 $27,503.67 600%
May $23,862.83 $24,700.42 $28,502.08 625.4%
June $24,640 $25,505.50 $29,500.50 650.8%
July $25,417.17 $26,310.58 $30,498.92 676.3%
August $26,194.33 $27,115.67 $31,497.33 701.7%
September $26,971.50 $27,920.75 $32,495.75 727.1%
October $27,748.67 $28,725.83 $33,494.17 752.5%
November $28,525.83 $29,530.92 $34,492.58 777.9%
December $29,303 $30,336 $35,491 803.3%
All Time $25,028.58 $25,908.04 $29,999.71 663.5%

In the next year, Ethereum price could still be hovering in the current range. Based on the prediction data, ETH’s trade range extends from $3,001.19 to $4,651.84. This outlook is based on the previous data. However, if ETH breaks the trend, it could go much higher.

The long-term outlook extending from 2025 to 2029, Ethereum price could hit a high of $18,603 with the lowest point being $3,000.

Ethereum Price Forecast Between 2030 & 2050

Month Minimum Price Average Price Maximum Price Potential ROI
January $30,444 $31,517.33 $36,799.67 836.6%
February $31,585 $32,698.67 $38,108.33 869.9%
March $32,726 $33,880 $39,417 903.2%
April $33,867 $35,061.33 $40,725.67 936.5%
May $35,008 $36,242.67 $42,034.33 969.8%
June $36,149 $37,424 $43,343 1003.2%
July $37,290 $38,605.33 $44,651.67 1036.5%
August $38,431 $39,786.67 $45,960.33 1069.8%
September $39,572 $40,968 $47,269 1103.1%
October $40,713 $42,149.33 $48,577.67 1136.4%
November $41,854 $43,330.67 $49,886.33 1169.7%
December $42,995 $44,512 $51,195 1203%
All Time $36,719.50 $38,014.67 $43,997.33 1019.8%
Month Minimum Price Average Price Maximum Price Potential ROI
January $44,549.83 $46,088.83 $53,180.67 1253.5%
February $46,104.67 $47,665.67 $55,166.33 1304.1%
March $47,659.50 $49,242.50 $57,152 1354.6%
April $49,214.33 $50,819.33 $59,137.67 1405.2%
May $50,769.17 $52,396.17 $61,123.33 1455.7%
June $52,324 $53,973 $63,109 1506.2%
July $53,878.83 $55,549.83 $65,094.67 1556.8%
August $55,433.67 $57,126.67 $67,080.33 1607.3%
September $56,988.50 $58,703.50 $69,066 1657.9%
October $58,543.33 $60,280.33 $71,051.67 1708.4%
November $60,098.17 $61,857.17 $73,037.33 1758.9%
December $61,653 $63,434 $75,023 1809.5%
All Time $53,101.42 $54,761.42 $64,101.83 1531.5%
Month Minimum Price Average Price Maximum Price Potential ROI
January $63,910.17 $65,754.17 $77,701.67 1877.6%
February $66,167.33 $68,074.33 $80,380.33 1945.8%
March $68,424.50 $70,394.50 $83,059 2014%
April $70,681.67 $72,714.67 $85,737.67 2082.2%
May $72,938.83 $75,034.83 $88,416.33 2150.4%
June $75,196 $77,355 $91,095 2218.5%
July $77,453.17 $79,675.17 $93,773.67 2286.7%
August $79,710.33 $81,995.33 $96,452.33 2354.9%
September $81,967.50 $84,315.50 $99,131 2423.1%
October $84,224.67 $86,635.67 $101,809.67 2491.2%
November $86,481.83 $88,955.83 $104,488.33 2559.4%
December $88,739 $91,276 $107,167 2627.6%
All Time $76,324.58 $78,515.08 $92,434.33 2252.6%
Month Minimum Price Average Price Maximum Price Potential ROI
January $91,908.75 $94,614.67 $110,876.92 2722%
February $95,078.50 $97,953.33 $114,586.83 2816.4%
March $98,248.25 $101,292 $118,296.75 2910.9%
April $101,418 $104,630.67 $122,006.67 3005.3%
May $104,587.75 $107,969.33 $125,716.58 3099.7%
June $107,757.50 $111,308 $129,426.50 3194.1%
July $110,927.25 $114,646.67 $133,136.42 3288.6%
August $114,097 $117,985.33 $136,846.33 3383%
September $117,266.75 $121,324 $140,556.25 3477.4%
October $120,436.50 $124,662.67 $144,266.17 3571.8%
November $123,606.25 $128,001.33 $147,976.08 3666.3%
December $126,776 $131,340 $151,686 3760.7%
All Time $109,342.38 $112,977.33 $131,281.46 3241.3%
Month Minimum Price Average Price Maximum Price Potential ROI
January $130,877.67 $135,936.92 $155,463 3856.8%
February $134,979.33 $140,533.83 $159,240 3952.9%
March $139,081 $145,130.75 $163,017 4049.1%
April $143,182.67 $149,727.67 $166,794 4145.2%
May $147,284.33 $154,324.58 $170,571 4241.3%
June $151,386 $158,921.50 $174,348 4337.5%
July $155,487.67 $163,518.42 $178,125 4433.6%
August $159,589.33 $168,115.33 $181,902 4529.7%
September $163,691 $172,712.25 $185,679 4625.9%
October $167,792.67 $177,309.17 $189,456 4722%
November $171,894.33 $181,906.08 $193,233 4818.1%
December $175,996 $186,503 $197,010 4914.3%
All Time $153,436.83 $161,219.96 $176,236.50 4385.5%
Month Minimum Price Average Price Maximum Price Potential ROI
January $181,687.33 $191,975.50 $202,810.83 5061.9%
February $187,378.67 $197,448 $208,611.67 5209.5%
March $193,070 $202,920.50 $214,412.50 5357.2%
April $198,761.33 $208,393 $220,213.33 5504.8%
May $204,452.67 $213,865.50 $226,014.17 5652.5%
June $210,144 $219,338 $231,815 5800.1%
July $215,835.33 $224,810.50 $237,615.83 5947.7%
August $221,526.67 $230,283 $243,416.67 6095.4%
September $227,218 $235,755.50 $249,217.50 6243%
October $232,909.33 $241,228 $255,018.33 6390.7%
November $238,600.67 $246,700.50 $260,819.17 6538.3%
December $244,292 $252,173 $266,620 6686%
All Time $212,989.67 $222,074.25 $234,715.42 5873.9%

Between 2023 and 2050, Ethereum’s price will most likely follow the bullish outlook and aim for the six-digit territory. The lowest price point is $16,092.58, and the highest price of Ether is $145,915.83.

Ethereum Price Analysis: Sell Signals Weigh ETH Bulls Down

Ethereum price has set up a higher highs since November 11 while the Relative Strength Index (RSI) has created lower high. This non-conformity is termed bearish divergence and often leads to a correction in price.

With Bitcoin looking weak and dropping down to the $95.5k level, it is obvious that ETH is also showing signs of exhaustion. If this trend continues, Ether will confirm a daily candlestick close below the rising wedge formation. A breakdown of this setup coupled with the bearish divergence makes a strong case for a correction.

Investors must watch the $3,497 and $3,352 support levels, which are key barriers that will either make or break this short-term bearish scenario. A flip of $3,352 into resistance will likely catalyze a swift 14% crash to $3,000 or a brief dip below it.

The RSI clearly shows that it is hovering above the mean level of 50 with lower highs, indicating a decline in bullish momentum. A breakdown below 50 will signal a spike in bearish momentum and could exacerbate the correction to $3,000.

ETH/USDT 12-hour chart
ETH/USDT 12-hour chart

On the contrary, if Ethereum price fails to breach the $3,352 support, it would signal strength from buyers, accumulating ETH. In such a case, investors should expect a bounce from $3,500 that will aim to retest $4,000.

Share
Akash Girimath

Senior Cryptocurrency Analyst & Market Strategist Engineer-turned-analyst Akash Girimath delivers data-driven insights on cryptocurrency markets, DeFi, and blockchain technology for platforms like AMBCrypto and FXStreet. Specializing in technical analysis, on-chain analytics, and risk management, he empowers institutional investors and retail traders to navigate market volatility and regulatory shifts. A hands-on strategist, Akash merges active crypto portfolio management with research on Web3, NFTs, and tokenomics. At AMBCrypto, he led cross-functional teams to redesign content frameworks, achieving record-breaking traffic growth through scalable editorial strategies. His analyses dissect market sentiment, investment strategies, and price predictions, blending macroeconomic trends with real-world trading expertise. Known for mentoring analysts and optimizing workflows for high-impact reporting, Akash’s work is cited across global crypto publications, reaching 500k+ monthly readers. Follow his insights on YouTube, X, and LinkedIn for cutting-edge perspectives on decentralized ecosystems and crypto innovation.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

ASTER Token Defies Crypto Market Consolidation With 14% Upside, Expert See Next Stop at $3

Despite the broader crypto market consolidation, ASTER token is outperforming with 14% gains in the…

October 4, 2025
  • 24/7 Cryptocurrency News

MetaMask Gears Up for Major MASK Token Airdrop With Reward Points System Launch

MetaMask, Consensys’ Web3 wallet, is set to introduce a reward points system for on-chain activities.…

October 4, 2025
  • 24/7 Cryptocurrency News

Coinbase Joins Ripple and Circle In Applying For National Banking License

Crypto exchange Coinbase has applied for a national trust charter, joining the likes of Ripple,…

October 4, 2025
  • 24/7 Cryptocurrency News

USDT Issuer Tether Eyes $200M Raise To Launch Tokenized Gold Treasury Company

Tether Holdings, the company behind the world’s largest stablecoin USDT, is preparing to raise at…

October 4, 2025
  • 24/7 Cryptocurrency News

REX-Osprey Files For ADA, HYPE, XLM, SUI ETFs as Crypto ETF Frenzy Heats Up

REX Shares and Osprey Funds have filed for 21 single-asset crypto exchange-traded funds (ETFs) with…

October 4, 2025
  • Cryptocurrency Exchange Reviews

ChangeNOW’s Quiet Power Play in Helping Crypto Businesses

When most people think of crypto platforms, their minds jump to consumer-facing exchanges with bold…

October 3, 2025