KOL Kaleo calls for ETH explosion and reveals goals for BTC and LUNA

A prominent analyst believes Ethereum (ETH), Bitcoin (BTC), and a booming altcoin will continue to rise in the short term.

Known in the industry by the nickname Kaleo, he told his 454,000 Twitter followers that the time for ETH had come as the “king” of Layer 1 blockchain protocols.

analyst speak.

“After the latest dump, ETH is very optimistic.

I have a big change between old. seen [layer-1] in the last few months.

It makes sense that the king of L1 finally has the chance to suck up liquidity from the rest of the market and to boom. ”

Ethereum is trading at $ 4,346, a strong rebound after hitting just $ 3,200.

Next, Kaleo takes a look at Bitcoin and says he still believes the top cryptocurrency will hit at least $ 100,000 in the current cycle.

“I’ve said it before and I’ll say it again – I’m still expecting Bitcoin’s parabolic move with a target of over $ 100,000 this cycle.

I’m ready to scale to around $ 150,000 and beyond. Until then, keep stacking your long positions. ”

BTC is currently at $ 49,900 after rebounding from just $ 42,500 in December.

The source: Kaleo / Twitter

Finally, the analyst gives his price prediction for Terra using the native token LUNA as collateral for stablecoins that are issued on the log.

Kaleo told his followers that it was inevitable for Terra to hit the $ 100 mark.

“It’s only a matter of time before LUNA hits $ 100 from here.”

LUNA has seen some frenetic price moves in the past few days, with the altcoin falling from $ 69.66 to $ 53.64 last weekend before rising to $ 77.37 on Sunday.

The token is currently trading at $ 74.74.

The source: Kaleo / Twitter

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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