Despite the massive market volatility, there are all kinds of bullish predictions about the prices of some digital assets. The latest ones surround Ethereum, Polkadot, and more altcoins.
Now, a popular crypto strategist and trader said that he sees incoming rallies for ETH, DOT, and more altcoins despite the correction that the crypto market has been seeing lately.
Ethereum (ETH) price prediction
Pentoshi recently said that he expects Ethereum to rally in the coming weeks as the leading smart contract platform continues to trade above support at $3,200.
“It’s almost like late sellers are going to be punished and that this is one day, three day, and one week support in a bull market. Nothing bearish about this chart here. Buyers are likely rewarded within 1-2 weeks.”
Polkadot (DOT) price prediction
He also made it clear that he believes a fundamental catalyst could drive the value of the pair to greater heights.
“Officially Looking for entries now. I should’ve just aped. In my opinion, this is going to absolutely send. A (fundamental analysis) wise has parachains which should drive this further in the next 4-6 weeks Giga send vibes right now.”
Tezos (XTZ) price prediction
Pentoshi predicts Tezos will surge over 40% amid growing investor interest in layer-1 platforms.
“Price discovery next week on USD pair, rally towards upper resistance on BTC pair. It’s been the lagging L1 but not any longer. Too much going on over there organically and the volumes show what’s coming this next week. This is bullish. $10+ coming in my opinion.”
SKALE price prediction
He said that there are a couple of catalysts that can boost the value of SKL/BTC higher.
“Bought some, but more interested in the FA. Gasless NFTs (non-fungible tokens) and scaling coming. The chart looks great though building into a move in my opinion. Swing trade range low to range high. The recent uptrend in my opinion = accumulation into breakout. Timeframe 2-4 weeks.”
Stay tuned for more news and keep your eyes on the market.