After the past few weeks and the strong sideways movements, many investors are asking themselves how the Ethereum price will develop in the long term. Looking back at the last few months, the price kept moving up and down and even fell below the 1,000 dollar mark in June. The closer the merge of Ethereum came, the more the price fell, but then quickly stabilised again.
Currently, the bear market is preventing higher price increases. When this is over, the Ethereum price should be able to record long-term increases. Thanks to the merge and the resulting higher efficiency and scalability of Ethereum 2.0, the price of the Ether token should also rise massively in the future.
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