While the cryptocurrency markets are entering an exciting period, the latest predictions of closely followed analyst Criptopaul indicate that Ethereum will experience a historical rise. Ethereum (ETH) may reach new all-time highs (ATHs) soon. This prediction creates great excitement in the cryptocurrency world and opens up new opportunities for investors.
According to Criptopaul’s analysis, Ethereum’s rise is based on an important catalyst: halving. The halving event is considered one of the turning points in the cryptocurrency world and is often associated with a price explosion. According to information provided by Criptopaul, Ethereum has historically outperformed Bitcoin (ETH/BTC) during the halving month.
With the next halving event expected to occur around April 19, Criptopaul believes Ethereum will make a new move.
“The halving month has arrived and historically this has always been a turning point for the altcoin boom and ETH/BTC comeback.” Criptopaul calls on investors to prepare for this great opportunity. On the other hand, according to Criptopaul’s predictions, Ethereum’s rise is not limited to just a short-term rally. Criptopaul predicts that Ethereum will reach a new ATH within 30 days. This underlines the long-term potential and strength of Ethereum and suggests that investors act with a long-term perspective.
The analyst also believes that other altcoins will start new rises this month.
“Some altcoins are taking a breather again, this was before the second rally, the third rally will soon bring new ATH everywhere. “I’m just protecting my investments.”
One of the altcoins that caught the analyst’s attention was the top meme coin Dogecoin (DOGE). The analyst said that the rally around $0.01 could also reach $0.20. He thinks it can happen. The analyst suggests that if this pattern repeats, DOGE could witness a parabolic rise. He shares charts to support his idea and asks, “DOGE: what could go wrong?” his confidence by saying emphasizes.
Additionally, Criptopaul states that Dogecoin is likely to surpass the market cap of Ethereum (ETH) this cycle. “I wouldn’t be surprised to see Dogecoin surpass Ethereum during this bull run,” the analyst said. He makes an ambitious prediction. He also referred to the fact that his past predictions have come true, saying, “Of course you will laugh here, just like my $9 post about Solana on December 30, 2022, but I am still not kidding.” He adds:
The popular meme coin is trading at $0.18, down over 10% at the time of writing.
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