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Ethereum Price Prediction: Anybody’s Guess

by Brandon Harville
, Ethereum Price Prediction: Anybody’s Guess

What’s the future have in store for Ethereum?

The second most popular cryptocurrency has been plagued with uncertainty for the past year. Once hailed as the cryptocurrency to overtake Bitcoin, Ethereum’s performance after the 2017 bull run has been rocky at best.

In spite of its lackluster performance, Ethereum has continued to be one of the most favored cryptocurrencies in use, especially for companies launching ICOs. This has helped Ethereum weather various storms, ensuring that it continues to be one of the most-traded cryptocurrencies on most exchanges.

The good news is that the future continues to look optimistic for Ethereum. Its platform continues to be a favorite for new blockchain startups. And with more companies creating decentralized applications, there’s a good chance that erc-20 tokens will be the favored choice for these apps. Combine that with an increase of smart contract usage, and it’s safe to say that the future looks bright for Ethereum.

But where does it stand in the immediate future?

Anybody’s guess, to be honest. Currently trading around $256 to the dollar, Ethereum has the potential to climb as far as $400 in the immediate future—depending on the health of the market, of course.

On the other hand, things could go the other way and sent Ethereum tumbling down to the $150 mark. There’s been a lot of talk about tightening cryptocurrency regulations in the immediate future, and this could have a huge impact on the crypto market—especially Ethereum. Everything from how projects raise money, to the privacy of crypto transactions could be changed if government’s crack down even further. And while the coin doesn’t appear to be going anywhere, its prices could change at a moment’s notice. For this reason, we recommend keeping a close eye on the news before making any trading decisions regarding Ethereum.

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