On April 2, crypto analyst and dealer Scott Melker (aka “The Wolf of All Streets”) mentioned Ethereum’s latest worth motion and defined why he believes the Ethereum (ETH) worth is headed lots larger.
Right here is his bio:
“As I mentioned simply the opposite day, I confirmed the goal of $3,600 which I consider is definitely considerably conservative…
“I believe it might probably go a lot larger and I consider because of the community impact and general bullishness, it might probably go as excessive as $10,000 even by the tip of the yr… I don’t suppose it’s loopy in any respect. It’s a easy 5x from right here. We noticed Bitcoin do many multiples of that in a single yr.“
In response to data by CryptoCompare, at the moment (as of 8:37 UTC on April 4), Ethereum is buying and selling round $2,044.39, down 2.43% previously 24-hour interval, however up 165.45% within the year-to-date interval.
The views and opinions expressed by the writer, or the individuals in any embedded movies, are for informational functions solely, and they don’t represent monetary, funding, or different recommendation. Investing in or buying and selling cryptoassets comes with a danger of monetary loss.