$5,000 Ethereum by Summer? (Weekly Forecast)

Ethereum rallied during the week ending March 7th, bouncing off the $1,400 level early in the week before the buyers stepped in later in the week, further buoying over the weekend to over $1,650. This is a bullish candle as ETH clawed back about half of the March selloff’s losses and continues to bounce off support levels as waves of bullish news and developments pour into the space.