We’ve already addressed various Bitcoin price predictions for this year, and most of them have been quite bullish.
The overall sentiment in the crypto market seems to be a positive one so far.
Now, it’s time to see what’s the forecast for the price of Ethereum (ETH) and if the predictions for the price of this digital asset are bullish as well.
ETH price predictions for 2019
A lot of crypto experts and analysts have been claiming that Ethereum will also see a significant surge in 2019.
According to the popular online magazine which is appreciated for its predictions regarding the digital assets’ prices, Smartereum, there have been more forecasts claiming that ETH will be hitting $200.
The online publication continues and says that there are also some more bullish forecasts at the horizon.
Bullish ETH price predictions for 2019
There’s a prediction for this year which has also managed to trigger some controversy in the crypto community – it was made by the online magazine CoinSwitch.
The author predicted that Ethereum (ETH) would hit $484 in July and $1450 in 2019.
ETH to surge by 250% in 2019
Not too long ago, we reported that InvestInBlockchain discussed the potential growth of the coin after the latest upgrades.
According to the online publication, Constantinople and St. Petersburg updates have definitely laid the foundation for the ETH developers to consider increasing the TPS of the ETH network.
Such a move would make an excellent catalyst for a price surge.
More than that, another essential achievement worth mentioning regarding ETH is that the SEC has recently ruled that ETH is not a security.
“Before ETH/USD can complete the 250% increase and reach the $500 level, the market will need to overcome resistance at $400, $420, and $465,” the same online publication mentioned above reported.
So, overall it seems that the predictions for ETH this year are quite bullish as well.