Crypto Analyst Gives Price Targets for Ethereum (ETH) and One Its Top Competitors, Updates Bitcoin (BTC) Outlook

Crypto Analyst Gives Price Targets for Ethereum (ETH) and One Its Top Competitors, Updates Bitcoin (BTC) Outlook


A popular crypto strategist is setting new potential price targets for Ethereum (ETH) and Solana (SOL) while also giving an update on Bitcoin’s (BTC) price action.

Pseudonymous analyst Altcoin Sherpa tells his 187,900 Twitter followers that Ethereum could see a 54% dip from current prices if another major event rocks the crypto markets, such as a prominent firm filing bankruptcy.

He says there is still support above the $900 level, but that the $500 range awaits below.

Trending: If You See This on Your Car’s Windshield, Run and Call the Police

“ETH: Some high timeframe charts. I think if some big player like GBTC (Grayscale Bitcoin Trust) gets sold off, we’re going to see something like $500-$700 Ethereum. I think $500 should be a decent place to bid if things go to shit based on psychological (number) alone; but

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend