A closely followed crypto trader is predicting an explosive move to the upside for Ethereum (ETH) while warning of a possible near-term dip.
Pseudonimni kripto analitičar Inmortal kaže his 194,000 Twitter followers that Ethereum could shoot up by more than 170% from its current value of $1,901, hitting a new all-time high.
However, he is warning that there may first come a dip after Ethereum crosses the $2,000 level. He says a similar pattern formed in 2019 when ETH dipped after rallying to the $400 level.
“My only fear with ETH.”
Looking at his chart, the trader is predicting Ethereum could reach $5,200 by September 2024.
Another altcoin on the trader’s radar is the decentralized oracle network Chainlink (LINK). He kaže LINK is in a consolidation phase around the mid-$7 range and will soon likely break to the upside.
“One day, LINK marines will wake up again.”
Chainlink vrijedi 7.31 dolara u vrijeme pisanja.
Na kraju, šerpa kaže he believes it’s only a matter of time before Bitcoin (BTC) breaks its resistance around the $28,600 level, which he says will trigger fear of missing out (FOMO) among investors, sending it even higher.
“I think BTC is going to print a god candle in the not too distant future. That’s where the real FOMO will begin. This is not an advice, it is not an analysis, it is just a hunch.”
Bitcoin se trguje za 28,196 dolara u vrijeme pisanja.
Ne propustite ritam - Pretplatite se da biste dobivali upozorenja o kripto e-pošti koja se dostavljaju direktno u vašu pristiglu poštu
Provjerite akciju cijene
Pratite nas na cvrkut, Facebook i Telegram
Surfajte Daily Hodl Mix
Izjava o odricanju odgovornosti: Mišljenja iznesena u Daily Hodlu nisu savjet o ulaganju. Ulagači trebaju obaviti svoju dužnu opremu prije nego što ulože bilo koja rizična ulaganja u bitcoin, kripto valutu ili digitalnu imovinu. Imajte na umu da su vaši transferi i trgovine na vlastiti rizik, a za sve gubitke koji mogu nastati odgovoran ste. Daily Hodl ne preporučuje kupovinu ili prodaju bilo koje kripto valute ili digitalne imovine, niti je Daily Hodl savjetnik za ulaganje. Imajte na umu da Daily Hodl sudjeluje u affiliate marketingu.
Istaknuta slika: Shutterstock / Vectorpocket
Source: https://dailyhodl.com/2023/04/06/trader-forecasts-ethereum-explosion-to-all-time-high-but-issues-near-term-warning-on-eth/