Trader Predicts New Ethereum All-Time Highs Within 30 Days, Says One Memecoin Set for Parabolic Run
A intently adopted crypto dealer is predicting Ethereum (ETH) will attain new all-time highs (ATHs) inside days.
Pseudonymous dealer Criptopaul tells his 135,400 followers on the social media platform X that the highest altcoin traditionally outperforms Bitcoin (ETH/BTC) in the course of the month of the halving occasion, when BTC miners’ rewards are lower in half.
The following halving is anticipated to happen round April nineteenth.
Says the dealer,
“The halving month [has arrived] and historically it has always been a crossroads for altcoin explosion and ETH/BTC reversal. Are you ready? I expect also a new ETH ATH in 30 days.”
ETH/BTC is buying and selling for 0.05017 BTC ($3,495) at time of writing, down greater than 2% within the final 24 hours. Ethereum reached an all-time excessive of practically $4,900 in 2021.
The dealer additionally believes that different altcoins will kick off contemporary rallies this month.
“Some altcoins are having a little breath again, this was pre-second leg, the third leg coming soon to new ATH everywhere. I’m just holding.”
One altcoin that caught the eye of the dealer is the highest meme token Dogecoin (DOGE). The analyst thinks DOGE is printing the same value sample across the $0.20 stage that it did round $0.01 forward of an enormous rally.
The dealer shares a chart suggesting that DOGE might witness a parabolic rally if the sample repeats.
“DOGE: what could go wrong?”
The dealer additionally says it’s throughout the realm of risk for Dogecoin to overhaul Ethereum’s (ETH) market capitalization this cycle.
“I wouldn’t be surprised to see Dogecoin going to flip Ethereum during this bull run. Surely you will laugh here too, like at my post about Solana at $9 on 30th December 2022, but I’m not joking – again.”
Dogecoin is buying and selling for $0.202 at time of writing, down over 6% at time of writing.
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