KOL Smart Contracter says that ETH and its competitors are ready for the boom
A prominent analyst says Ethereum is ready for an epic rally and predicts a boom in another smart contract platform.
Known in the industry by the nickname Smart Contracter, the person told its 195,500 Twitter followers that Ethereum was preparing for a major rally of the Bitcoin (ETH / BTC) pair after the pair broke up.
“ETH / BTC, breaking the multi-month accumulation pattern amid the market sell-off, is extremely optimistic on altcoins. 0.1 BTC ($ 4.885) and then 0.14 BTC ($ 6,839) will come sooner than people think. “
Weekly ETH / BTC chart | The source: Smart Contracter / Twitter
At the time of writing, the ETH / BTC pair is trading at 0.086 BTC, valued at $ 4,361.
Smart contracter is also optimistic on Ethereum on the USD pair. Ahead of last week’s sharp correction, the analyst predicted Ethereum would correct as low as $ 3,600. After that you are believe Ethereum will hit a new record high.
“Bought more for $ 3,600 to $ 3,800. I think ETH will now move towards a new all-time high. “
Another altcoin on the analyst’s list is Ethereum’s competitor and smart contract platform, Avalanche. According to the smart contracter, AVAX is now ready to hit all-time highs in both the USD and BTC pairs after successfully retesting key demand zones in both pairs.
“Nice support / resistance flip. I bought a few more here. Wait”.
AVAX / USDT, AVAX / BTC daily chart | The source: Smart Contracter / Twitter
According to the smart contracter’s chart, AVAX could soar to $ 160 this month and potentially soar above 0.0025 BTC on the bitcoin pair in the same period.
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According to Dailyhodl