{"id":116812,"date":"2021-03-14T01:06:31","date_gmt":"2021-03-14T01:06:31","guid":{"rendered":"https:\/\/precoinnews.com\/?p=116812"},"modified":"2021-03-14T01:06:31","modified_gmt":"2021-03-14T01:06:31","slug":"ethereum-eth-price-will-go-to-2500-next-week-says-managing-partner-of-moonrock-capital","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/ethereum-eth-price-will-go-to-2500-next-week-says-managing-partner-of-moonrock-capital\/","title":{"rendered":"Ethereum ($ETH) Price ‘Will Go to 2500 Next Week’, Says Managing Partner of Moonrock Capital"},"content":{"rendered":"
On Saturday (March 13), the Ethereum price went above the $1940 level for the first since February 21. Today\u2019s surge prompted at least two crypto analysts to forecast that ETH would reach $2500 in the short term. <\/p>\n
According to data by TradingView, around 21:16 UTC, on crypto exchange Bitstamp, the Ethereum price went reached its intraday high of $1943.22; today is the first time that ETH has traded above the $1940 level in the past three weeks.<\/p>\n
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Currently (as of 22:50 UTC on March 13), ETH is trading around $1911.74, which means that in the past 24-hour period the Ethereum price has gone up 8.50%; as for its year-to-date (YTD) return on investment (ROI), ETH-UD is up 159.21%. <\/p>\n
Earlier today, Simon Dedic, who is Co-Founder and Managing Partner at Moonrock Capital, a blockchain advisory and investment partnership based in London and Hamburg\u201d,made the following Ethereum price prediction:<\/p>\n
Later, crypto analyst and influencer Carl Martin, explained with the help of technical analysis why he believes the Ethereum price is headed to $2500:<\/p>\n
As for Scott Melker, a crypto analyst and trader at Texas West Capital, he said that according to his analysis of Ethereum charts, it looks like the demand for ETH is strong.<\/p>\n
Featured\u00a0Image\u00a0by\u00a0\u201celifxlite\u201d\u00a0via\u00a0Pixabay.com<\/em><\/p>\n The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.<\/em><\/p>\n