DataDash founder Nicholas Merten is looking at five crypto assets that he believes are gearing up to erupt as he says the altcoin supercycle of 2021 is underway.
In a new video, Merten says that he’s keeping a close watch on Ethereum after the second-largest crypto asset broke out of a large bullish pattern.
“We could see here that Ethereum has broken past the line of resistance. We set in yet another higher low along with the other three higher lows we had back here since January (2021). We look like we’re set on a course to break above those all-time highs.”
The crypto strategist is also looking at ETH/BTC which he highlights is still in the midst of a parabolic run. According to Merten’s chart, ETH/BTC can potentially surge over 170% from its current value of 0.035 to 0.095.
Another coin on Merten’s radar is layer-two scaling solution OMG Network (OMG), formerly OmiseGo. The trader highlights that