Analyst Forecasts Price Surge For Ethereum And Three Altcoins: 'Fun...Should Really Start'
Portfolio Pulse from Benzinga Neuro
Crypto analyst Kaleo predicts a potential rise in the value of Ethereum (ETH) and three other altcoins: Arbitrum (ARB), Optimism (OP), and Blur (BLUR). He suggests that Ethereum could climb to around $2,100 after breaking its diagonal resistance at $1,900. ARB, a scaling solution for Ethereum, may rally up to $1.30 after flipping a key diagonal resistance into support. OP, a layer-2 protocol, is following a similar trajectory to ARB. BLUR, the native token of an NFT marketplace, is in an uptrend following a break through its diagonal resistance.
November 07, 2023 | 10:03 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Arbitrum may rally up to $1.30 after flipping a key diagonal resistance into support.
The analyst's prediction of Arbitrum flipping a key diagonal resistance into support and rallying up to $1.30 suggests a positive short-term impact on its price.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Blur is in an uptrend following a break through its diagonal resistance.
The analyst's prediction of Blur being in an uptrend following a break through its diagonal resistance suggests a positive short-term impact on its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Ethereum is predicted to rise to around $2,100 after breaking its diagonal resistance at $1,900.
The analyst's prediction of Ethereum breaking its diagonal resistance and climbing to around $2,100 suggests a positive short-term impact on its price.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Optimism is following a similar trajectory to Arbitrum, having broken past a multi-month diagonal resistance.
The analyst's mention of Optimism following a similar trajectory to Arbitrum, having broken past a multi-month diagonal resistance, suggests a positive short-term impact on its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70