Ethereum Price Crashes 4%, ETH Trades Today at $4,020.7
Highlights
- Ethereum price is down 4% today and trades at $4,020.
- If bullish momentum exhausts, ETH could trigger a correction to $3,000.
- A bounce off $4,000 has the potential to propel Ether to a new ATH of $5,274.
Ethereum price today trades at $3,651.4 as of 11 PM. The drop comes after ETH hit a daily high of $3,900.4 after -5.75% move on October 20.
Why is Ethereum Price Today is Down?
As noted in a pervious CoinGape article, Ethereum price is facing a tough hurdle as it trades inside parallel channel. The midpoint of this pattern has prevented ETH from going higher for the past five days. Still, Ether continues to trade around $4,000 supported by the $3,900 level. As long as this barrier holds a further crash is unlikely.
How will this drop impact Ether prices? Let’s find out.
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 Forecast
ETH’s year-to-date (YTD) performance continues to increase and currently sits at 75.29%. This recent slump in Bitcoin price has affected the YTD gains, which have dropped from 50% since November 11.
Ethereum: The Second-Largest Crypto By Market Cap
Ethereum ranks second in market capitalization, valued at $440.0 billion, after Bitcoin’s $2 trillion. Together, BTC & ETH’s market capitalization constitutes 83% of the total crypto market cap.
- Solana (SOL): $109 billion
- Ripple (XRP): $138 billion
- BNB (BNB): $104 billion
In addition to a massive market cap, Ethereum’s 24-hour trading volume sits at $50.4 billion.
Ethereum’s Crypto Trading Volume Soars
The 24-hour trading volume of Ethereum is $50.4 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 Blockchain’s 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
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.
- 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.
- 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.
- 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.
- 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’ Effect on Ether Prices
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 20, the gas fee for a transaction on the ETH network as of 11 PM is 12 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.
What Will Ethereum Price Be In The Next 7 Days?
| Date | Price | Change |
|---|---|---|
| October 19, 2025 | 3854.86 | -0.55% |
| October 20, 2025 | 3898.15 | 0.57% |
| October 21, 2025 | 3978.58 | 2.64% |
| October 22, 2025 | 4141.15 | 6.83% |
| October 23, 2025 | 4252.50 | 9.71% |
| October 24, 2025 | 4332.82 | 11.78% |
| October 25, 2025 | 4225.81 | 9.02% |
| October 26, 2025 | 4143.56 | 6.9% |
| October 27, 2025 | 4178.13 | 7.79% |
| October 28, 2025 | 4288.32 | 10.63% |
| October 29, 2025 | 4458.72 | 15.03% |
| October 30, 2025 | 4540.02 | 17.12% |
| October 31, 2025 | 4602.78 | 18.74% |
| November 01, 2025 | 4642.65 | 19.77% |
| November 02, 2025 | 4637.86 | 19.65% |
| November 03, 2025 | 4586.73 | 18.33% |
| November 04, 2025 | 4542.70 | 17.19% |
| November 05, 2025 | 4488.97 | 15.81% |
| November 06, 2025 | 4345.73 | 12.11% |
| November 07, 2025 | 4194.72 | 8.22% |
| November 08, 2025 | 4033.21 | 4.05% |
| November 09, 2025 | 4020.57 | 3.72% |
| November 10, 2025 | 4058.18 | 4.69% |
| November 11, 2025 | 4033.24 | 4.05% |
| November 12, 2025 | 4023.97 | 3.81% |
| November 13, 2025 | 4042.72 | 4.3% |
| November 14, 2025 | 4087.18 | 5.44% |
| November 15, 2025 | 4144.29 | 6.92% |
| November 16, 2025 | 4234.73 | 9.25% |
| November 17, 2025 | 4305.42 | 11.07% |
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 Outlook Between 2025 & 2029
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $4,062.04 | $4,632.96 | $4,347.50 | 12.6% |
| February | $3,936.03 | $4,623.28 | $4,279.66 | 10.8% |
| March | $3,810.03 | $4,613.59 | $4,211.81 | 9.1% |
| April | $3,684.02 | $4,603.90 | $4,143.97 | 7.3% |
| May | $3,558.02 | $4,594.22 | $4,076.12 | 5.6% |
| June | $3,432.02 | $4,584.53 | $4,008.28 | 3.8% |
| July | $3,306.01 | $4,574.84 | $3,940.43 | 2.1% |
| August | $3,180.01 | $4,565.16 | $3,872.58 | 0.30% |
| September | $3,054 | $4,555.47 | $3,804.74 | -1.5% |
| October | $2,928 | $4,545.78 | $3,736.89 | -3.2% |
| November | $2,801.99 | $4,536.10 | $3,669.05 | -5% |
| December | $2,675.99 | $4,526.41 | $3,601.20 | -6.7% |
| All Time | $3,369.01 | $4,579.69 | $3,974.35 | 2.9% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $3,207.82 | $4,926.46 | $4,276.93 | 10.8% |
| February | $3,739.66 | $5,326.51 | $4,952.67 | 28.3% |
| March | $4,271.49 | $5,726.56 | $5,628.40 | 45.8% |
| April | $4,803.33 | $6,126.61 | $6,304.13 | 63.3% |
| May | $5,335.16 | $6,526.66 | $6,979.87 | 80.8% |
| June | $5,867 | $6,926.71 | $7,655.60 | 98.3% |
| July | $6,398.83 | $7,326.75 | $8,331.33 | 115.8% |
| August | $6,930.66 | $7,726.80 | $9,007.07 | 133.3% |
| September | $7,462.50 | $8,126.85 | $9,682.80 | 150.8% |
| October | $7,994.33 | $8,526.90 | $10,358.53 | 168.3% |
| November | $8,526.17 | $8,926.95 | $11,034.27 | 185.8% |
| December | $9,058 | $9,327 | $11,710 | 203.3% |
| All Time | $6,132.91 | $7,126.73 | $7,993.47 | 107% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $9,393.58 | $9,679.08 | $12,045.17 | 212% |
| February | $9,729.17 | $10,031.17 | $12,380.33 | 220.7% |
| March | $10,064.75 | $10,383.25 | $12,715.50 | 229.3% |
| April | $10,400.33 | $10,735.33 | $13,050.67 | 238% |
| May | $10,735.92 | $11,087.42 | $13,385.83 | 246.7% |
| June | $11,071.50 | $11,439.50 | $13,721 | 255.4% |
| July | $11,407.08 | $11,791.58 | $14,056.17 | 264.1% |
| August | $11,742.67 | $12,143.67 | $14,391.33 | 272.7% |
| September | $12,078.25 | $12,495.75 | $14,726.50 | 281.4% |
| October | $12,413.83 | $12,847.83 | $15,061.67 | 290.1% |
| November | $12,749.42 | $13,199.92 | $15,396.83 | 298.8% |
| December | $13,085 | $13,552 | $15,732 | 307.5% |
| All Time | $11,239.29 | $11,615.54 | $13,888.58 | 259.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $13,563.08 | $14,047.67 | $16,309.92 | 322.4% |
| February | $14,041.17 | $14,543.33 | $16,887.83 | 337.4% |
| March | $14,519.25 | $15,039 | $17,465.75 | 352.4% |
| April | $14,997.33 | $15,534.67 | $18,043.67 | 367.3% |
| May | $15,475.42 | $16,030.33 | $18,621.58 | 382.3% |
| June | $15,953.50 | $16,526 | $19,199.50 | 397.3% |
| July | $16,431.58 | $17,021.67 | $19,777.42 | 412.2% |
| August | $16,909.67 | $17,517.33 | $20,355.33 | 427.2% |
| September | $17,387.75 | $18,013 | $20,933.25 | 442.2% |
| October | $17,865.83 | $18,508.67 | $21,511.17 | 457.1% |
| November | $18,343.92 | $19,004.33 | $22,089.08 | 472.1% |
| December | $18,822 | $19,500 | $22,667 | 487.1% |
| All Time | $16,192.54 | $16,773.83 | $19,488.46 | 404.8% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $19,526.50 | $20,213 | $23,522.92 | 509.2% |
| February | $20,231 | $20,926 | $24,378.83 | 531.4% |
| March | $20,935.50 | $21,639 | $25,234.75 | 553.6% |
| April | $21,640 | $22,352 | $26,090.67 | 575.7% |
| May | $22,344.50 | $23,065 | $26,946.58 | 597.9% |
| June | $23,049 | $23,778 | $27,802.50 | 620.1% |
| July | $23,753.50 | $24,491 | $28,658.42 | 642.3% |
| August | $24,458 | $25,204 | $29,514.33 | 664.4% |
| September | $25,162.50 | $25,917 | $30,370.25 | 686.6% |
| October | $25,867 | $26,630 | $31,226.17 | 708.8% |
| November | $26,571.50 | $27,343 | $32,082.08 | 730.9% |
| December | $27,276 | $28,056 | $32,938 | 753.1% |
| All Time | $23,401.25 | $24,134.50 | $28,230.46 | 631.2% |
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 Outlook Between 2030 & 2050
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $28,417.17 | $29,249.08 | $34,130.33 | 784% |
| February | $29,558.33 | $30,442.17 | $35,322.67 | 814.9% |
| March | $30,699.50 | $31,635.25 | $36,515 | 845.7% |
| April | $31,840.67 | $32,828.33 | $37,707.33 | 876.6% |
| May | $32,981.83 | $34,021.42 | $38,899.67 | 907.5% |
| June | $34,123 | $35,214.50 | $40,092 | 938.4% |
| July | $35,264.17 | $36,407.58 | $41,284.33 | 969.3% |
| August | $36,405.33 | $37,600.67 | $42,476.67 | 1000.1% |
| September | $37,546.50 | $38,793.75 | $43,669 | 1031% |
| October | $38,687.67 | $39,986.83 | $44,861.33 | 1061.9% |
| November | $39,828.83 | $41,179.92 | $46,053.67 | 1092.8% |
| December | $40,970 | $42,373 | $47,246 | 1123.7% |
| All Time | $34,693.58 | $35,811.04 | $40,688.17 | 953.8% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $42,748 | $44,175.33 | $49,253.67 | 1175.7% |
| February | $44,526 | $45,977.67 | $51,261.33 | 1227.7% |
| March | $46,304 | $47,780 | $53,269 | 1279.7% |
| April | $48,082 | $49,582.33 | $55,276.67 | 1331.7% |
| May | $49,860 | $51,384.67 | $57,284.33 | 1383.7% |
| June | $51,638 | $53,187 | $59,292 | 1435.7% |
| July | $53,416 | $54,989.33 | $61,299.67 | 1487.7% |
| August | $55,194 | $56,791.67 | $63,307.33 | 1539.7% |
| September | $56,972 | $58,594 | $65,315 | 1591.7% |
| October | $58,750 | $60,396.33 | $67,322.67 | 1643.7% |
| November | $60,528 | $62,198.67 | $69,330.33 | 1695.7% |
| December | $62,306 | $64,001 | $71,338 | 1747.7% |
| All Time | $52,527 | $54,088.17 | $60,295.83 | 1461.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $64,523 | $66,343.42 | $74,533 | 1830.4% |
| February | $66,740 | $68,685.83 | $77,728 | 1913.2% |
| March | $68,957 | $71,028.25 | $80,923 | 1995.9% |
| April | $71,174 | $73,370.67 | $84,118 | 2078.7% |
| May | $73,391 | $75,713.08 | $87,313 | 2161.4% |
| June | $75,608 | $78,055.50 | $90,508 | 2244.2% |
| July | $77,825 | $80,397.92 | $93,703 | 2326.9% |
| August | $80,042 | $82,740.33 | $96,898 | 2409.7% |
| September | $82,259 | $85,082.75 | $100,093 | 2492.4% |
| October | $84,476 | $87,425.17 | $103,288 | 2575.2% |
| November | $86,693 | $89,767.58 | $106,483 | 2657.9% |
| December | $88,910 | $92,110 | $109,678 | 2740.7% |
| All Time | $76,716.50 | $79,226.71 | $92,105.50 | 2285.5% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $92,565.75 | $95,806.17 | $113,497.58 | 2839.6% |
| February | $96,221.50 | $99,502.33 | $117,317.17 | 2938.5% |
| March | $99,877.25 | $103,198.50 | $121,136.75 | 3037.4% |
| April | $103,533 | $106,894.67 | $124,956.33 | 3136.4% |
| May | $107,188.75 | $110,590.83 | $128,775.92 | 3235.3% |
| June | $110,844.50 | $114,287 | $132,595.50 | 3334.2% |
| July | $114,500.25 | $117,983.17 | $136,415.08 | 3433.2% |
| August | $118,156 | $121,679.33 | $140,234.67 | 3532.1% |
| September | $121,811.75 | $125,375.50 | $144,054.25 | 3631% |
| October | $125,467.50 | $129,071.67 | $147,873.83 | 3729.9% |
| November | $129,123.25 | $132,767.83 | $151,693.42 | 3828.9% |
| December | $132,779 | $136,464 | $155,513 | 3927.8% |
| All Time | $112,672.38 | $116,135.08 | $134,505.29 | 3383.7% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $138,430.92 | $142,604.83 | $161,658.50 | 4087% |
| February | $144,082.83 | $148,745.67 | $167,804 | 4246.1% |
| March | $149,734.75 | $154,886.50 | $173,949.50 | 4405.3% |
| April | $155,386.67 | $161,027.33 | $180,095 | 4564.5% |
| May | $161,038.58 | $167,168.17 | $186,240.50 | 4723.6% |
| June | $166,690.50 | $173,309 | $192,386 | 4882.8% |
| July | $172,342.42 | $179,449.83 | $198,531.50 | 5042% |
| August | $177,994.33 | $185,590.67 | $204,677 | 5201.1% |
| September | $183,646.25 | $191,731.50 | $210,822.50 | 5360.3% |
| October | $189,298.17 | $197,872.33 | $216,968 | 5519.5% |
| November | $194,950.08 | $204,013.17 | $223,113.50 | 5678.6% |
| December | $200,602 | $210,154 | $229,259 | 5837.8% |
| All Time | $169,516.46 | $176,379.42 | $195,458.75 | 4962.4% |
| Month | Minimum Price | Average Price | Maximum Price | Potential ROI |
|---|---|---|---|---|
| January | $204,695.92 | $214,134.25 | $233,011.75 | 5935% |
| February | $208,789.83 | $218,114.50 | $236,764.50 | 6032.2% |
| March | $212,883.75 | $222,094.75 | $240,517.25 | 6129.4% |
| April | $216,977.67 | $226,075 | $244,270 | 6226.6% |
| May | $221,071.58 | $230,055.25 | $248,022.75 | 6323.8% |
| June | $225,165.50 | $234,035.50 | $251,775.50 | 6421% |
| July | $229,259.42 | $238,015.75 | $255,528.25 | 6518.2% |
| August | $233,353.33 | $241,996 | $259,281 | 6615.4% |
| September | $237,447.25 | $245,976.25 | $263,033.75 | 6712.6% |
| October | $241,541.17 | $249,956.50 | $266,786.50 | 6809.8% |
| November | $245,635.08 | $253,936.75 | $270,539.25 | 6907% |
| December | $249,729 | $257,917 | $274,292 | 7004.2% |
| All Time | $227,212.46 | $236,025.63 | $253,651.88 | 6469.6% |
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 Technical Analysis:
The Visible Range Volume Profile (VPVR) shows that Ethereum price is currently bouncing off the high volume node (HVN) at $3,890. This support level has prevented a steep correction for ETH. With Bitcoin sucking the liquidity, altcoins have been unable to perform. If this trend continue, Ethereum buyers might not sustain for long, leading to a drop to the next key support levels at $3,700 & 3,500.
A bounce at any of these levels could trigger a run-up that pushes ETH to the upper range of the current parallel channel at $4,500. In a highly bullish case, Ethereum price could set up a new ATH of $5,274.
Furthermore, data from IntoTheBlock, shows that 96% of ETH holders are in profit and only 1.15% are at breakeven, with the remaining 1.6% in loss. The Global In/Out of the Money indicator shows that the $3.6k to $3.8k range is the next key support zone. Here, roughly 4.1 million addresses purchased 4.78 million ETH and are likely to buy more if the price dips lower.
All in all, the outlook for Ethereum looks uncertain due to the reliance on Bitcoin for directional cues. If Ethereum price breaches the $3,090 support level, it could catalyze a spike in selling pressure that leads to a 13% crash that retests the $3.371 support floor.
A decisive breakdown of this critical support level will invalidate the bullish outlook and potentially indicate that ETH will slide below $3,000 level.
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