A prominent crypto analyst is predicting that Ethereum is on the verge of another major price rally along with four other crypto assets.
The analyst, known in crypto circles as Capo, is updating his altcoin predictions and revealing some of his price targets.
As for Ethereum (ETH), Capo says that the “sky is the limit” for the second largest crypto asset by market cap, setting his sights on the $10,000 mark.
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Source: il Capo/Twitter
Earlier this week, the crypto analyst said that Ethereum has marked a new floor price and declared the start of alt season is underway.
“Second bold call of the year: ETH never again below $800…
The logic behind [alt season] this is that a large part of the profits generated in BTC flow into altcoins. Also, people are more comfortable investing in riskier assets as