The person known in the industry by the nickname Pentoshi told his 333,400 Twitter followers that he expects Ethereum to rise as ETH / USD peaked higher than it was in September and so did the ETH / BTC pair is great.
According to Pentoshi, Ethereum has no major resistance ahead of it, so it could easily rise more than 15% from its current price of $ 4,239.
“I have the feeling that many people underestimate ETH, including me, but the sideways movement makes me more cautious. In front of us, however, there was only clear sky. The price could soar to $ 5,000 at any time. “
The source: Pentoshi
The analyst also looks at Axie Infinity’s play-to-earn platform (AXS). He believes it will enter the pricing zone and rebound above $ 200.
“The market structure is extremely bullish. Enter the Discovery Zone and head towards over $ 200. “
The source: Pentoshi
Pentoshi also oversees the performance of Cosmos, a protocol that aims to become “the internet of blockchains”. According to the crypto strategist, Cosmos could make a higher low on its Bitcoin pair.
“YES. Bought a little more here. I will continue to add. It forms a higher floor here.”
The source: Pentoshi
You can see the coin prices here.
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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
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