Ethereum Rival Gets Ready For Massive Rally

Important crypto analyst and trader lays out some near-term forecasts for altcoins including Cardano. Check out the latest reports below.

The pseudonymous trader known as Altcoin Sherpa recently said that Cardano (ADA) still has some gas left in the tank after its recent surge.

According to the trader, at the very least, ADA should continue running to its immediate resistance before selling off.

“ADA: I think that $1.25ish comes at a minimum. Could be pullback there and would target higher for shorts.”

He is also addressing the decentralized application (DApp) platform Near. He recently explained that after some consolidation around $12, NEAR could then pull off a 30% rally to $16, before then targeting $20.

“NEAR: The plan remains the same: Wait for consolidation at the range high around $12 and then target $16ish as long as BTC stays stable.”

Sherpa talked about the privacy-focused Zcash (ZEC). Altcoin Sherpa says that ZEC is primed to continue its recent rallies in a strong way, ultimately going for a 25% rally above its current price of $206.

“ZEC: No clear trend on the ZEC/BTC pair, higher lows and lower highs. Potential breakout depending on how you interpret it. The ZEC/USD pair looks great still, and I think it goes to $250 eventually.”

The crypto market looks great today after the recent price surge that Bitcoin and ETH saw. At the moment of writing this article, both BTC and ETH are trading in the green.

BTC is trading at $47k and ETH is priced at $3,308. Check out the latest price predictions for the two coins below.

A popular crypto analyst and trader is mapping out what’s next for Bitcoin (BTC) and Ethereum (ETH). Stay tuned for more news.

At the moment of writing this article, BTC and ETH are trading in the green.