This website uses cookies to ensure you get the best experience on our website


24th Dec 2020
CryptoAltum Research Team

Analyst Say Ethereum Price will top $8k in 2021 

Crypto Bull, a crypto analyst, now predicts the ETH price to reach $8k in 2021. It also comes when some influencers are convinced XRP will be delisted from several exchanges allowing ETH to flip the asset to second. Next year, developers will continue improving the smart contracting platform. Layer-2 solutions could also take a front seat even with the concurrent transitioning to Eth2. Coupled with the continuous staking and DeFi, more ETH coins have been removed from circulation, boosting bulls.


Analysts are confident ETH prices are undervalued at spot rates. With ETH/USD struggling below $700, a break above this mark will be the impetus that lifts the second most valuable currency to $1k and later $8k or better in 2021. Already, over $1 trillion of cumulative trading volumes have been transacted in Ethereum, eclipsing Bitcoin. It highlights just how on-demand Ethereum is as a utility dominating stablecoins and establishing itself as the home of DeFi despite scalability challenges and high Gas fees.

Impact on the ETH Price: 

Bullish. The more analysts call for the moon, the more retail investors invest. Analysts' comment emboldens their position. With clarity from most regulators, ETH as a coin could attract capital in 2021.

More market updates on our Blog 

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
  • Copyright Techcraft Ltd (CryptoAltum) 2020