Forecasting Etherium Price
Landu Joel
➡ Background of the Project
Analyzing the price of ETH over time while taking into account recent events and what experts have to say to predict whether the coin's price will hit $300 by the end of 2020.
➡ Role Played
I was involved in the task as the analyst, so I had to make a prediction as to whether the price of Etherium will hit $300 by the end of 2020.
➡ Approach to the Solution and the Outcome
As the analyst I had to review the recent market events, such as the launch of the Ethereum 2.0 upgrade and the increasing price of Ethereum in 2020, as well as a analyzed expert sentiment to providing an accurate forecast. Also, I had to research the crypto market generally and take into account factors such as the supply and demand for Etherium, as well as the potential for external factors to influence the market. By gathering all this data and information, it was then possible to make a prediction about the price of Etherium by the end of 2020 in an effective manner and on time while addressing the limitations to the research findings.
➡ Key Terms
Bitcoin, Etherium, Resistance, cryptocurrencies, retracement.
