Jim Cramer, host of CNBC’s Mad Money TV show, on Ethereum He claimed that there would be a huge price increase.
Netflix Dropped 71 Percent After Jim Cramer Announced He Expected a Rise for Netflix
After Jim Cramer announced that he expects a 35% price increase for ETH cryptocurrency The community began to worry over this analyst’s reputation for contradicting his predictions.
The analyst made a statement in favor of the bull about Netflix shares, after which Netflix lost 71% of its value.
In the latest “Girl Talk Stocks” episode, Mad Money host Jim Cramer claimed that ETH will rise 35% in the future and stated that he is a “believer” in this cryptocurrency.
Despite such a bullish opinion, the cryptocurrency community was not happy with Cramer’s prediction.
Cramer’s notoriety for forecasts grew after he made a bullish call for Netflix stocks, which tumbled by 70%. Some members of the cryptocurrency community refer to this situation as “Cramer’s curse”.
In 2017, CNBC’s TV show “Fast Money” also appeared. of bitcoin He had made a bullish call for BTC just before a period in which it lost a significant part of its value by falling.
“Cramer’s Rise Forecast Was The Last Thing Ethereum Needed”
Some Twitter users shared a lot of humor about Cramer’s bullish forecast.
However, Ethereum price continues to have a hard time on its daily chart. The world’s largest altcoin has been hovering near a local support for the past four days and is struggling to recover.