Massive Ethereum (ETH) Surge Is Around The Corner
It’s been recently revealed that there is a massive Ethereum surge around the corner. Check out the latest optimistic reports here. According to the latest reports, a leading crypto analyst and trader is predicting that...
It’s been recently revealed that there is a massive Ethereum surge around the corner. Check out the latest optimistic reports here.
According to the latest reports, a leading crypto analyst and trader is predicting that two of the largest crypto assets by market cap are primed for a rally.
The pseudonymous analyst who is known as Smart Contracter just said that the leading smart contract platform Ethereum is set to break out against Bitcoin (ETH/BTC).
“ETH/BTC when, not if.”
Smart Contracter’s chart is showing the fact that the pair could take out its diagonal resistance and rally to above 0.14 BTC ($8,913), a level last reached during the final leg for the 2017 bull cycle.
Ethereum is trading at around $4,600 while Bitcoin is exchanging at around $64,185 at the time of writing.
Late last month, the popular crypto analyst predicted Ethereum would reach a price of $10,000.
ETH/BTC pairHe also made sure to highlight the fact that the ETH/BTC pair had broken out of a large inverse head and shoulders formation (IHS) – just in case you don’t know, this is a technical pattern indicating the start of an uptrend.
“ETH/BTC is still huge IHS [inverse head and shoulders pattern] 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. $10,000 ETH isn’t a meme.”
He also addressed a prediction about Binance Coin. Smart Contracter says the utility token of global crypto exchange Binance is still on track to record a fresh all-time high (ATH) above $800.
Alex Kruger also had something to say about the price of ETH.
Bitcoin + Solana > Ethereum
It’s just common sense
Ethereum is trying to do it all itself. That’s how you fail.
Bitcoin will always be safer and more decentralized. Solana will always be faster and cheaper.
— Alex Krüger (@krugermacro) November 13, 2021
Stay tuned for more news.
The post Massive Ethereum (ETH) Surge Is Around The Corner first appeared on CryptoGazette - Cryptocurrency News.Original source
Read on CryptoGazetteRelated market context
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
SpaceX shares surge 19% in debut after blockbuster IPO, sending shockwaves through crypto markets
SpaceX's IPO success highlights a shift in investment focus, potentially diverting capital from crypto markets and impacting digit...
SurgeXRP Presale Accelerates Following XRP Upgrade News, 30% of Soft Cap Filled Before RWA Platform Debut
PRESS RELEASE. The XRP ecosystem is heating up once again as the latest XRP Ledger upgrade designed to improve network performance...
Kraken scores FIFA World Cup 2026 sponsorship just days before Brazil-Morocco opener
Kraken's FIFA partnership signals a heightened trust in crypto exchanges, potentially revitalizing crypto-sports sponsorships post...