A popular cryptocurrency strategist says there is a rush on the horizon to lead the Ethereum (ETH) smart contract platform.
Crypto analyst known in the industry as Kaleo tells his 531,000 Twitter followers that Ethereum is out of its country resistance against Bitcoin (ETH/BTC), and the pair appears poised for a new breakthrough.
“It looks like ETH/BTC is finally ready to go higher…this is bullish.”
At the time of writing, the ETH/BTC pair is trading at 0.073 BTC ($1,675).
Kaleo is also bullish on BNB, the interest token of crypto exchange giant Binance. According to the crypto strategist, BNB looks strong as it prints a new all-time high against Bitcoin.
“BNB/BTC is a physical reservoir. Price discovery continues to rise today.”
Looking at Bitcoin itself, Kaleo anticipates a short BTC pullback to around $22,000 before crypto King rises to its $28,000 target.
“It will happen, but you won’t believe it.”
The latest crypto asset on a trader’s radar is the Litecoin (LTC) peer-to-peer payments protocol. According to Kaleo, LTC is looking bullish against Bitcoin (LTC/BTC) after the pair broke a major resistance.
“One of the scariest things about the market right now is how bullish Litecoin looks. LTC/BTC breaks into the multi-year high time frame, with a tick above it on the lower time frame.”
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