Crypto Trader Predicts Incoming Rallies for Ethereum, Says New Dogecoin All-Time High ‘A Formality at This Point’
A closely followed crypto strategist thinks Ethereum (ETH) is now in a solid position to print new all-time highs.
A closely followed crypto strategist thinks Ethereum (ETH) is now in a solid position to print new all-time highs.
Trader Justin Bennett tells his 115,200 followers on the social media platform X that Ethereum bulls are in full control as long as ETH is trading above an immediate support level.
According to Bennett, Ethereum could get a quick sprint if ETH continues to flash strength in its Bitcoin pair (ETH/BTC)
“Bullish on ETH while above this $3,950 area with a $5,000 target.
Could happen quickly if ETH/BTC can flip that 4% area on the weekly chart.”
Looking at the ETH/BTC chart, the crypto strategist says Ethereum will likely gather more bullish momentum if the pair flips the 0.04 BTC resistance into support.
“ETH will get really interesting if ETH/BTC can reclaim this channel on the weekly chart.
Testing resistance now.”