Analyst Draws Attention to Ethereum and Two Altcoins: Rally is at the Door!

Analyst DonAlt, who correctly predicted the price rises recorded in the crypto money market, Ethereum and shared his price prediction for the two leading altcoins.

DonAlt noted that Ethereum maintains its bullish outlook on the weekly chart. According to the analyst, the current structure could yield slight gains similar to the end of 2020 before triggering a bull market.

“Ethereum weekly price chart is rising very slowly. However, it was able to hold due to 1760 and previously managed to hold the critical consolidation level of $1680. The graphics are progressing slowly, but I’m happy with it. Because when it goes sideways, we will be likely to record better ups like at the end of 2020.w

I think the break of the $1500 level will trigger big problems. Until that happens, we can forecast a slow rise.”

In continuation of the analyst’s forecast, the price tag for Ethereum is set at $ 2500. The forecast represents a significant rise as ETH is currently trading around $1800.

peer-to-peer payment network Litecoin The crypto strategist, who also forecasts price for (LTC), thinks that LTC is bullish and preparing to surpass an important psychological resistance of $100.

“You look at the weekly value of Litecoin/USD, it looks very, very good. It looks incredibly good. To me this looks really powerful. You’ve had a very deep retest. You’ve made a huge leap from that, and I think that will eventually go over $100.”

At the time of this writing, Litecoin is trading at $91.37.

Finally XRP Commenting on DonAlt, the sixth largest crypto by market cap is still bullish, but he also expects a drop in the short term.

“Looks like I sold the pico top, looking to re-buy around $0.47.”

You can follow the current price action here.

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