Crypto analyst said “Ethereum will soon skyrocket”
Ethereum, the second highest Market Cap cryptocurrency has made a huge rise over the past few days, but it has risen to some degree of resistance. However, on 8 April, the price of Ethereum skyrocketed by more than 8% in the short time and is now being traded at about $ 182, the highest since November last year.
“Cryptographic analysts agree that Ethereum is preparing to take highly bullish market in the short term, regardless of the price behavior of Bitcoin,” BTC, a crypto analyst said.
CryptoKaleo, a famous Twitter cryptographic analyst, said, “The Ethereum almost all the time is located at the bottom of the latest fractal range, therefore will be followed by a large price movement and will rise again to the highest.”
He then showed confidence with his bullish bias, explaining that “the current bearish pennant is a fake, and will break in the near future.”