Ethereum, Aave, And Solana Fresh Price Predictions Are Out
There are all kinds of bullish predictions in the crypto space despite the corrections that the market is seeing. For instance, Bitcoin is trading in the red and the king coin is priced at $59,086.03. New crypto predicti...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
There are all kinds of bullish predictions in the crypto space despite the corrections that the market is seeing.
For instance, Bitcoin is trading in the red and the king coin is priced at $59,086.03.
New crypto predictions are outThere’s a popular crypto strategist and trader who predicted strong uptrends for Ethereum (ETH). At the same time, he also said that Solana (SOL) could continue its impressive performance.
The pseudonymous trader is Smart Contracter.
He said that he’s keeping a close watch on Ethereum against Bitcoin (ETH/BTC) – this is happening because he believes the trading pair remains bullish after it broke out from a large inverse head and shoulders pattern (IHS).
“ETH/BTC is still huge IHS breakout after a three-year base. It may have been somewhat boring the last few months but make no mistake about it, this is re-accumulation in a monster uptrend.”
He also believes that ETH/BTC is currently consolidating within a bullish continuation pattern and can climb as high as 0.12 BTC.
He also said that ETH is now en route to $5,000 after it took out a diagonal resistance.
“I think today is the day we get a proper $ETH [all-time high] breakout.”
The analyst is also looking at Aave (AAVE), which the trader believes is ready to ignite an epic rally after printing a bullish higher low setup.
“Aave putting in a solid weekly higher low here. With blue chips like CRV already moving, I’m going to assume other blue chips have bottomed and are not far behind. [Decentralized finance season] is near and Aave is an old favorite of mine.”
He also has a prediction for Solana:
“Got SOL low key breaking downtrends of two different degrees. This bad boy runs hard when it gets going and it’s only just getting started here.”
Stay tuned for more news and make sure to keep an eye on the crypto market.
The post Ethereum, Aave, And Solana Fresh Price Predictions Are Out 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
Ethereum Price Prediction: Could Aztec’s zk.money Drive ETH Higher as Zcash Fuels Privacy Narrative?
Ethereum is trading at $2,665, flat over 24 hours, leaving it below the $2,700–$2,735 resistance band as our recent price predicti...
Ethereum (ETH) Price Prediction: Coinbase Buying Picks Up as ETH Eyes a $2,720 Breakout
Ethereum price is consolidating near $2,680 as buyers attempt to maintain the recovery and push through the next resistance zone....
CME Nine-Asset Crypto Basket Is 86.29% Bitcoin and Ethereum
Nine crypto coins are now traded inside a single, financially settled futures contract on CME Group’s platform, but Bitcoin and Et...
Ethereum prepares Glamsterdam testnet upgrade, targeting higher L1 throughput and efficiency
The Glamsterdam upgrade could significantly enhance Ethereum's scalability and efficiency, potentially reshaping its network dynam...
Aztec Labs relaunches zk.money for private payments on Ethereum
Aztec Labs' zk.money relaunch could redefine DeFi privacy standards, potentially boosting adoption and innovation in private finan...
Ethereum users get another way to pay privately as zk.money returns after three years
The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.