KOL Altcoin Sherpa outlines year-end boom target for ETH, DOT, FTT
Altcoin strategist Sherpa predicts a major ETH rally as he outlines price targets for DOT and FTT.
Traders expect ETH / BTC to rise in the coming months.
“I think the ETH / BTC pair will continue to fluctuate over the next few weeks / months before a big move later this year / Q1 2022. It could move a little higher before making a lower high in the short term. . In my opinion, Ethereum won’t outperform BTC in the coming weeks. ETH / USD hits new all-time high. ”
The source: Altcoin Sherpa / Twitter
He believes the ETH / BTC pair will correct in the final months of 2021 before triggering a major rally in January.
As for ETH / USD, the trader said it will climb to around $ 4,800 next month.
Source: Altcoin Sherpa / Twitter
The strategist is also observing the price development of the Polkadot blockchain and sees a consolidation of Polkadot versus Bitcoin (DOT / BTC) by the end of the year before a strong rally in early 2022.
“Expect more from the BTC pair … I think they have good catalysts for a very strong rally towards the end of the year.”
The source: Altcoin Sherpa / Twitter
According to the chart, the DOT / BTC pair could rise above 0.0011 BTC ($ 66.42) in February 2022, a potential increase of nearly 60% from its current price of 0.00072 BTC ($ 43.47) .
Looking at the FTX (FTT) crypto derivatives exchange native token, Altcoin Sherpa outlines a potential target at $ 80 as it breaks the resistance at $ 67.35.
The source: Altcoin Sherpa / Twitter
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