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
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
Annie
According to Dailyhodl
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…
Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…
Over the years, meme coins have evolved from inside jokes into serious investment opportunities.
Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…
Discover why Qubetics, Solana, and Cardano are redefining the crypto landscape. Learn about milestones, price…
Discover why Qubetics, NEAR Protocol, and Immutable X are the best altcoins to join today,…
This website uses cookies.