Famous cryptocurrency trader with the nickname Pentoshi counts, what Ethereum ready for a crazy rally, and is also bullish on two popular altcoins
He expects to continue from ETH meteoric rise, as the asset is ready to make a higher high:
“ETH is on the verge of a market opening. The next phase of growth can be one of the craziest. Besides, ETH looks great against BTC "
The analyst thinks, that Ethereum has no visible resistance on its way and the asset could rise sharply from current levels by 15% and more:
"I have a feeling, that many people (including me) not logged into ETH enough. apparently, on vacation I became more conservative. But ahead of ETH there are no obstacles and the rate can easily reach the mark $5000 in a short period of time "
Separately, Pentoshi noted the popular game project Axie Infinity (AXS). He believes, that AXS managed to overcome the nearest resistance level in $145:
"Seem to be, AXS course is ready to go beyond $200. New exchange highs await us. The asset has an extremely bullish market structure. "
Besides, he follows the "Internet of blockchains"" Cosmos (ATOM). The analyst believes, that ATOM is preparing for a bullish scenario in the form of a higher low in the pair against BTC:
“I bought some more ATOM in my portfolio and will continue to do so. Think, that the asset has bottomed out and is forming a higher low "
