December 23, 2024
Ethereum News

Ethereum And Cosmos Price Predictions Are Out

The crypto market looks excellent today and the prices look as they are going straight to the moon. Check out the latest predictions about Ethereum and Cosmos.

ETH and Cosmos predictions

Crypto market trader Michaël van de Poppe says that he wants to see Ethereum find support at 0.0058 BTC ($3,267) before pushing higher.

“If we are going to get a bottom on the altcoins at this point, you clearly want to get a rejection around this area (0.058 BTC), come back down, reject, and consolidate, and then we continue. It could go upwards again, but usually, we’ll see a bullish divergence apply in that structure too.”

He is also addressing the scalable and interoperable ecosystem Cosmos, – he believes that a break above 0.0007 BTC ($39.43) will confirm bullish momentum.

Also he said that he is expecting to see ATOM drop lower before an upswing.

“Levels that I am watching with ATOM: anything in these ranges (0.0007 BTC), that is where we should be breaking through. So if we get a bounce like this and Bitcoin is going to accelerate again, I’m not surprised if we get a correction even further to anywhere around 0.00043 BTC ($24.22) to 0.00047 BTC ($26.48), before we actually start a new bull cycle.”

Crypto market is on the verge of a boom

Be believes that Bitcoin moving higher before dragging the crypto market up creates an opportunity to compound BTC profits with altcoins.

If $Btc up + alts down it’s truly a great opportunity historically because you get to ride Btc to new ath’s then compound alts to ath’s

Why better opportunity to achieve your goals than that for those who get it

When you’ve experienced multiple cycles you know. Take what we get

— Pentoshi Won’t Dm You. hates Dm’s. DM’s are scams (@Pentosh1) October 11, 2021

At the moment of writing this article, BTC is trading in the green and the coin is priced at $59,058.

The post Ethereum And Cosmos Price Predictions Are Out first appeared on CryptoGazette - Cryptocurrency News.