A popular crypto strategist and trader, popular altcoin of recent days witherWhile saying that (SOL) can maintain its impressive performance, Ethereum It predicts strong uptrends for (ETH).
Smart Contracter Cryptocurrency trader known by his nickname, with over 175,000 followers Twitter accountto Bitcoin (ETH/BTCHe stated that he is watching Ethereum against Ethereum closely because he believes the trading pair continues to rise after exiting a major inverse head and shoulders pattern (IHS).
Inverted head and shoulders patterns are a “form” marking the start of a new uptrend.bullish technical pattern“. According to the chart drawn by the analyst, ETH/BTC The pair is currently continuing to consolidate within a bullish pattern. At the time of writing, it can rise up to 0.12 BTC, which is worth $ 7,287.
ETHAnalysis, which also examined .
Lending and borrowing platform AAVE (AAVE) The analyst, who also expressed his views on the subject, expects this altcoin to rise as well.
“Aave is putting another solid weekly ‘high bottom’ right now. I’m going to assume that while blue chips like the CRV are on the move, other blue chips have bottomed out and aren’t far behind. (Decentralized finance season) is approaching and Aave is my old favourite.”
Analyst using Elliott Wave theory, AAVEHe stated that the price could rise as high as $900 before completing its five wave cycle.
Ethereum (ETH) one of its biggest rivals, Solana (LEFT), the analyst predicts a strong rally for the popular altcoin after breaking two diagonal resistances on the 12-hour chart.
Saying that in the short term, Solana could revisit the all-time high of $218, the analyst believes that in the long term, SOL could follow in the footsteps of Binance Coin (BNB) earlier this year. According to the analyst, Solana has a rally power that can go up to $ 900.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.