Categories: Market

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.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

SN_Nour

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page

CoinX

Recent Posts

Changes To Gambling Laws Coming Around The World This Year

Gambling laws are continually evolving worldwide, reflecting shifts in societal attitudes, economic goals, and technological…

1 hour ago

Polkadot Ecosystem Highly Toxic, Web3 Value Questioned!

Manta Network co-founder Victor Ji went public to blast the Polkadot ecosystem as highly toxic…

2 hours ago

Boosting Cryptocurrency Visibility: Strategies for Crypto Traffic

Boosting Cryptocurrency Visibility: Strategies for Crypto Traffic Cryptocurrencies have recently become one of the hottest…

2 hours ago

Ethereum Spot ETFs Net Inflows to Reach $5 Billion in First Six Months!

Ethereum spot ETFs could amass up to $5 billion of inflows within the first six…

2 hours ago

India Blockchain Tour 2024: Explore Technology with Enthusiasts

Join the India Blockchain Tour (IBT) 2024, a transformative series of events spotlighting blockchain technology…

2 hours ago

Investors Run to RCO Finance (RCOF) as Kaspa (KAS) and Dogecoin (DOGE) Complete Bearish Pattern

Investors Flock to RCO Finance as Bearish Trends Emerge in Kaspa and Dogecoin. Explore how…

4 hours ago

This website uses cookies.