KOL Justin Bennett watches the orbits of BTC, ETH, and VET as the market cools

Prominent analyst Justin Bennett thinks Bitcoin (BTC) is still “looking pretty good” at the moment and predicts big gains for ETH and another altcoin.

In Edition At the Cryptocademy, Bennett speaks about the recent “drastic” decline in Bitcoin to $ 63,000.

“Bitcoin seems to be doing pretty well here and there is a lot of support over $ 60,000.

Higher ups and downs are the key. So far, BTC is doing very well.

The prospect of further ascent is still very open. “

The source: JustinBennettFX / Twitter

BTC is trading at $ 64,807 at press time.

Turning to Ethereum (ETH), Bennett believes the second largest cryptocurrency by market cap could soar to $ 6,000 before December.

“ETH created a beautiful ladder pattern. It remains above the ascending support line and major MA lines.

I think ETH / USDT will soon skyrocket towards the $ 6,000-6,500 target that I discussed earlier. “

The source: Justin Bennett / Crypto Academy

Ethereum is currently trading at $ 4,763.

Next on Bennett’s list is VeChain (VET), an enterprise solution platform.

“After the Bitcoin sell-off, VET is in the process of validating the $ 0.155 area as support.

In many ways, $ 0.15 is a must. A daily close below this could result in a strong sell-off with the next major support at $ 0.12.

The area just below $ 0.19 remains a strong resistance for VET / USDT. “

The source: Justin Bennett / Crypto Academy

VET is currently trading at $ 0.16.

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.

SN_Nour

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