A popular cryptocurrency strategist says he sees a breakout rally for leading smart contract platform Ethereum (ETH).
A cryptocurrency analyst known in the industry as Kaleo has told his 531,000 Twitter followers that Ethereum has broken the diagonal resistance against Bitcoin (ETH/BTC) and the pair is ready to take a new step. It looks like
“ETH/BTC Finally Looks Ready To Rise…This Is Bullish”
At the time of writing, the ETH/BTC pair is trading at 0.073 BTC ($1,675).
Kaleo is also bullish on BNB, the utility token of crypto exchange giant Binance. BNB looks strong as it hits new all-time highs against Bitcoin, according to crypto strategists.
“BNB/BTC is a real tank. Price discovery continues today.”
Looking at Bitcoin itself, Kaleo predicts that BTC will briefly drop to around $22,000 before the cryptocurrency mogul rally to its target of $28,000.
“It will happen, but you won’t believe it.”
The last crypto asset on Trader’s Radar is the peer-to-peer payment protocol Litecoin (LTC). According to Kaleo, LTC looks bullish on Bitcoin (LTC/BTC).
“One of the scariest things about the market right now is how bullish Litecoin looks. increase.”
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