Crypto Analyst on Ethereum: ‘Can Go As High as $10,000 Even by the End of the Year’

The Wolf of All Streets discussed Ethereums recent price
The Wolf of All Streets discussed Ethereums recent price

On April 2, crypto analyst and trader Scott Melker (aka “The Wolf of All Streets”) discussed Ethereum’s recent price action and explained why he believes the Ethereum (ETH) price is headed a lot higher.

Here is his bio:

Source: “About” page on “The Wolf of All Streets” website

Here are a few highlights from comments Melker made about Ethereum in a video (titled “Ethereum Hits $2K, What’s Next”), which he released on his YouTube channel on April 2:

As I said just the other day, I showed the target of $3,600 which I believe is actually somewhat conservative…

I think it can go much higher and I believe as a result of the network effect and overall bullishness, it can go as high as $10,000 even by the end of the year… I do not think it’s crazy at all. It’s a simple 5x from here. We saw Bitcoin do many multiples of that in one year.

According to data by CryptoCompare, currently (as of 8:37 UTC on April 4), Ethereum is trading around $2,044.39, down 2.43% in the past 24-hour period, but up 165.45% in the year-to-date period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here