Solana Is Getting Ready For New Heights And Ethereum Has Not Run Out Of Steam
The crypto market looks great these days and more analysts are saying that Bitcoin is getting ready for new ATHs and so are a lot of other important digital assets. The latest optimistic predictions involve Solana and Et...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The crypto market looks great these days and more analysts are saying that Bitcoin is getting ready for new ATHs and so are a lot of other important digital assets.
The latest optimistic predictions involve Solana and Ethereum.
The crypto analyst pseudonymously known as Smart Contracter said that SOL is set to surge to a new record high after a period of accumulation.
sol ATH soon anon, this re accumulation won’t last forever.$sol https://t.co/kvKWmeY9fr
— Bluntz (@SmartContracter) October 15, 2021
According to the online publication the Daily Hodl, recently, Smart Contracter predicted that Solana could surge by over 100% against the US dollar (SOL/USD) and Bitcoin (SOL/BTC) after ending wave four of its five-wave uptrend.
“[Wave] four low very close to being put in on SOL/BTC in my opinion. The same low on the USD pair already put in and just in some HTF [high timeframe] re-accumulation. The next move higher will be >100% [in my opinion].”
He also addressed the price of Ethereum and said that the leading smart contract platform hasn’t run out of steam yet after taking out its diagonal resistance at $3,500.
At the moment of writing this article, ETH is trading in the green and the coin is priced at $3,870.
Also, he said that ETH/BTC is currently gearing up for a move to 0.12 BTC ($7,355). He also made it clear that this represents an upside potential of nearly 100% from its current value of 0.062 BTC, worth $3,800.
“There [are] people out there that actually think ETH/BTC looks bearish.”
ETH to explode 200% over BitcoinThere are all kinds of bullish predictions about digital assets these days and Ethereum is involved as well.
It’s been just reported that crypto strategist Michaël van de Poppe said that Ethereum can rally 200% against Bitcoin (ETH/BTC) in the coming months.
December is often the best period to buy #altcoins.
If history repeats, we might be getting a run of 200% on $ETH/BTC towards the ATH region from there, but first a heavier correction while #Bitcoin does well. pic.twitter.com/Op0grUEq3L
— Michaël van de Poppe (@CryptoMichNL) October 15, 2021
Stay tuned for more news.
The post Solana Is Getting Ready For New Heights And Ethereum Has Not Run Out Of Steam first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
BlackRock ETF clients pull $202M from Ethereum as outflow streak hits six days
The shift from Ethereum to Bitcoin ETFs indicates a strategic reallocation of crypto investments, impacting market dynamics and in...
Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation
Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMark...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Why Abstract is killing its Ethereum L2 instead of launching a token to save it
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disn...
Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract
Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...