Analyst and trader Josh Rager is unveiling that he’s buying four cryptocurrencies amid the sustained correction in the digital asset market.
In a new tweet, the popular crypto strategist tells his 173,400 followers that he’s scooping up Bitcoin (BTC), Ethereum (ETH), smart contract platform Solana (SOL) and multi-scaling solution Polygon (MATIC).
But not too heavy, need confirmation before really diving in
— Rager (@Rager) June 8, 2021
Looking at Ethereum, Rager says it must reclaim a crucial resistance around $2,500 and convert it to support. Otherwise, it risks another leg down.
“ETH here at a key level of rejection would be a bearish retest, but to close over this area into the previous range would be bullish.”
Source: Josh Rager/Twitter
At time of writing, Ethereum is trading at $2,476, according to CoinMarketCap.
As for Bitcoin, Rager notes that he’s looking to buy any dip as he believes