According to market capitalization, Ethereum is the second-largest cryptocurrency. Throughout the last year, Ethereum has experienced many ups and downs. This article is for people who intend to invest in Ethereum and want to gain awareness about its price. Let's have a look at the Ethereum Price predictions that have been made after some historical price analysis and intelligent approaches.
<h3>Bobby Ullery</h3>
The first popular prophecy was revealed by an online analyst named <a href="https://twitter.com/bobbyullery?lang=en">Bobby Ullery</a>. He used the global economic model for prediction. Also, he assumed that the blockchain technology will serve a key part in international trade that could affect the price positively.

As per Ullery, Bitcoin and Ethereum will occupy 25% of the total cryptocurrency industry. And this will gain nearly $4.5 trillion of total market capitalization in 2020.

Market capitalization is used to estimate the net worth of a cryptocurrency, which is gained by multiplying the total amount of coins in circulation with the current price of a coin. For instance, if a coin has the price of $10 and in circulation, there are 100 million coins, the market capitalization would be $100 million.

However, in Ethereum's case, though there is no limited supply, Ullery takes nearly 100 million of the total coin circulation as this is what Vitalik Buterin, co-founder of Ethereum expects to happen.

Taking this into consideration, Ullery believes that Ethereum will reach the mark of $11,375. This will earn the total market cap of nearly $1 trillion.

For getting Ullery's price prediction for Ethereum 2020 to be true, it would need to surge its all-time high of about $1300 by 775%.
<h3>LongForecast</h3>
LongForecast made one of the most talked-about Ethereum price predictions for 2020. This analyst is not too positive regarding the future price of Ethereum.

As per the LongForecast, in January 2020, the price of Ethereum will reach up to $724. However, throughout the next 6 months, the price will see a see-saw movement from a decline of $474 up to a peak of $672. The analyst is not pretty confident with its future. There is a problem with this prediction that the prediction service does not give the authentic details on how they made this prophecy about Ethereum's future price 2020.
<h3>CoinKir</h3>
The next popular prediction is that of CoinKir. Its prediction for Ethereum future price is based on technical price analysis. This is based on historical price trend that could happen again in the future.

The real-world financial markets usually use this pattern. However, financial markets usually have about 50 years of data to examine, which the cryptocurrency market doesn't. Nonetheless, as per CoinKir, the price of Ethereum will go very well in 2020.

<img class="aligncenter wp-image-153590 size-full" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2020/01/Ethereum-Price-Prediction-2020-1.png" alt="" width="551" height="525" />

According to the above price chart, Ethereum expects to open 2020 at around $720 and then gradually surge. Predictions suggest that Ethereum's price would hit $1488 by the next year. This means that they don't see Ethereum surpass its all-time high as soon as November 2020 comes. If it marks $1488, its total market cap would be nearly $148 billion. If this prediction goes right, it would be clear that Ethereum will require 18 months more before getting on a big pricing run.

The Ethereum price predictions provided above are some of the most popular prophecies for the future price of Ethereum 2020. However, accurate <a href="https://www.cryptoknowmics.com/tag/ethereum-classic/">Ethereum prediction</a> would require keeping an eye on all updates.

Ethereum Price Predictions for 2020

Ethereum Price Predictions have seen many prophecies being made throughout the year. Check out some of the most popular ones.

Ethereum Price Predictions for 2020

Top Picks