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Top Crypto Analyst Turns Bullish on Ethereum Rival That’s Up 135% This Year

March 23, 2023
in Altcoin
Reading Time: 2 mins read
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A preferred crypto analyst identified for calling the 2018 Bitcoin (BTC) backside is bullish on one high Ethereum (ETH) rival.

Pseudonymous dealer Good Contracter tells his 221,800 Twitter followers that Fantom’s (FTM) worth chart seems to be “actually good.”

“I’m liking FTM right here, stable 17% dip, bouncing from key help and construction thus far has solely been a 3 wave transfer down. Price an extended [in my opinion].”

Supply: Good Contracter/Twitter

FTM is value $0.468 at time of writing. The Forty third-ranked crypto asset by market cap is down 2.36% prior to now 24 hours however stays up greater than 135% because the begin of the 12 months.

Good Contracter can be bullish on the governance token for the Frax (FXS) stablecoin protocol.

“Actually liking FXS right here, lovely 5 wave rise from the lows and three wave transfer again all the way down to the 0.618. Anticipating development continuation from right here upwards of 40%.”

Supply: Good Contracter/Twitter

FXS is buying and selling at $7.90 at time of writing. The Eightieth-ranked crypto asset by market cap is down greater than 2.5% prior to now 24 hours.

When it comes to different crypto property, Good Contracter says he’s now an “ETH maxi” as a result of the second-ranked crypto asset by market cap handed a goal worth towards Bitcoin within the first quarter of 2023.

Ethereum is buying and selling at $1,734 at time of writing, down 3.75% prior to now 24 hours.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in online marketing.

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Tags: analystbullishCryptoEthereumRivalTopturnsYear
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