Analyst and trader Justin Bennett shared his predictions for some of the top 30 coins by market cap. The analyst covered the prices of Bitcoin, Ethereum, VeChain and Uniswap. cryptocoin.com We examine the analyst’s predictions as…
Bitcoin and Ethereum predictions from crypto analyst
The crypto analyst primarily says that if Bitcoin (BTC) repeats the 2017 price action, it could reach $80,000 in November. He predicts that if Bitcoin continues to follow the 2017 fractal, prices will reach $80,000 or more by the end of this month, but he thinks that if BTC loses the $60,000 support, it could identify $58,000 and $55,000 as support.
Bennett then says that Ethereum could rise as high as 350 percent from current levels. Assuming he’s built a huge “cup and handle” pattern over the past few months, the measured target is between $6,000 and $6,500, according to the analyst. In this case, seeing a cycle peak in January brings the price of ETH to between $15,000 and $20,000.
How are things for VET and UNI?
On the other hand, the crypto analyst says that VeChain may fall before rising. According to the analyst, VET/USDT must break above the $0.15-0.16 region to break above $0.19. Above this are all-time highs near $0.28. According to the analyst, a consolidation at these levels will continue to be seen.
Lastly, according to Bennett, who shared his UniSwap (UNI) forecast, Uniswap needs to turn the $27.60 resistance level into a support level before climbing higher. He thinks $36 and $44 can be seen after that.
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