Boutique Media & consulting group
BTC$105509
ETH$3319
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XRP$3.17
A popular cryptocurrency analyst believes that Ethereum’s price is about to experience a major breakout, referring to it as a “divine candle.”
The analyst, known as Inmortal, shared this prediction with his 221,100 followers on social media.
He noted that Ethereum is struggling to break through the $4,000 resistance level. However, he pointed out that Bitcoin also took several weeks to surpass the $100,000 mark before it skyrocketed to its all-time high. He stated:
“Same price action, but slightly different. The divine candle after the breakout.”
According to his candlestick chart, he predicts that ETH will surge to nearly $4,800 after breaking the resistance.
Sentiment: Positive
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