Kaleo, one of the popular analysts of the crypto world, analyzes Ethereum (ETH) and the other three in its ecosystem. altcoin Prices are ready for fluctuations stated.
Kaleo, EthereumHe underlined that it is trying to overcome the $1,900 cross resistance. According to a chart shared by the analyst, ETH has room to rise to $2,100 following a breakout.
Crypto strategist also adds Ethereum scaling solution Arbitrum He also shared his opinions about. Kaleo thinks that the ARB token has already turned a significant crossover resistance into support and could rise as high as $1.30.
According to the analyst, the altcoin, which broke its resistance in higher time frames, believes that it is ready for an increase after retesting this level.
I would like to see a move towards the mid-August breakout level (~$1.15) and then towards the July high of $1.30.
NEWS CONTINUES BELOW
Continuing his analysis with the Layer-2 protocol Optimism (OP), the analyst believes that the altcoin price is following in the footsteps of ARB after showing a diagonal resistance for several months.
A pretty clear flag is forming underneath – it looks poised for a push back towards August highs around $2.00.
The last Ethereum-based altcoin on the analyst’s radar was the native token of the NFT market Blur. Kaleo shares a chart showing that BLUR is in an uptrend after breaking above its diagonal resistance.
BLUR looks ready to climb towards $0.50.
