Ethereum Rival AVAX Is About To Explode In Price

There are a lot of crypto predictions that are foreseeing a bright future for a lot of crypto assets. Check out the latest optimistic predictions about some important coins these days.

Analyst Smart Contracter is also bullish on Ethereum against the US dollar.

It’s been revealed that before last weekend’s deep crypto correction, the crypto strategist predicted that Ethereum will correct all the way down to $3,600.

With the pullback out of the way, now he believes that Ethereum is now ready to rally to new record highs.

“Longed the capitulation between $3,600-$3,800. I think we can proceed to new all-time highs now.”

Another altcoin on the trader’s list is smart contract platform and Ethereum competitor Avalanche (AVAX).

According to Smart Contracter, AVAX is now primed to rally to fresh ATHs against the US dollar and Bitcoin (AVAX/BTC) after successfully retesting key areas of demand in both pairs.

“Savage dumps across the board but picked up some AVAX here. Super hard to pull the trigger after such savagery but it has to be done.”

According to his chart, it seems that AVAX could reach $160 in the near future.

It’s been just reported that the crypto analyst Nicholas Merten analyzes two layer-1 digital assets stacked up against the Ethereum (ETH) trading pair.

In a new strategy session, he addresses smart contract platforms Avalanche (AVAX) and Solana (SOL)’s prices.

As the online publication the Daily Hodl notes, according to Merten, it is better to compare both coins to ETH rather than the US dollar or Bitcoin (BTC). He believes that Ethereum’s greater success in recent years makes it a better barometer than Bitcoin.

“If you’re really looking to see if your play is outpacing others in the market, you want to take a look against Ethereum. It is the second-largest cryptocurrency in this space and it has been outpacing Bitcoin around 380% to 400% in this cycle alone since 2019.”

The crypto market is flooded by optimistic price predictions.