Popular crypto trader Ethereum While predicting an upward movement for (ETH), he warned of a bearish break in the short term.
InmortalOn his Twitter account with 194,000 followers, he shared the view that Ethereum could reach an all-time high, with an increase of over 170% from its current value of $ 1,901.
However, he warns that a drop may occur first after Ethereum breaks the $2,000 level. He is of the opinion that a similar pattern occurred in 2019, when ETH fell after rising to the $400 level.
Based on his chart, the trader predicts that Ethereum could reach $5,200 by September 2024. shared.
Koinfinans.com As we reported, another altcoin on Inmortal’s list is the decentralized oracle network. chainlink (LINK). The trader is of the opinion that LINK is in a consolidation phase around $7 and will likely break to the upside soon.
Finally, the analyst bitcoin He believes it is only a matter of time before the price breaks the $28,600 resistance. He thinks this will trigger fear of missing out (FOMO) among investors, causing it to rise even higher.
You can follow the current price action here.