Ethereum and Zilliqa price predicitons are out, and you can check out the latest report below. Despite the massive crypto market volatility, there are all kinds of important predictions that say prices will soon go up. Check out the latest news below.
ETH and ZIL price predictions are out
The popular crypto analyst Michaël van de Poppe addressed some important digital assets for potential entry points while laying out his price targets.
The trader said that that enterprise-solution blockchain Zilliqa (ZIL) could possibly break out toward the $0.05 level if it can find support above $0.0375.
“A play I’d be looking at if we can get a clear retest. Personally would be looking at $0.0355 – $0.0375 for longs and then targeting around $0.048. Or a flip of $0.048 would do.”
He also addressed the price of Ethereum (ETH).
He looked at ETH on the Bitcoin (BTC) trading pair when accounting for a high time frame (HTF) and also points out the possibility of a bullish divergence, a metric where a lower low appears on the price chart but then a corresponding indicator shows a higher low.
“Looking at new support now on HTF based. Expecting to see a retest at 0.058 BTC or even 0.063 BTC – 0.065 BTC if bullish divergence continues to play out.”
At the moment of writing this article, ETH is trading in the green and the coin is priced at $1,212.
Ethereum competitor is doing great
Not too long ago, we revealed that an important digital assets manager just reported that institutional investors are buying into Solana (SOL) over Ethereum (ETH) as markets tumble.
In the latest Digital Asset Fund Flows Weekly report, CoinShares made sure to explain the fact that Ethereum investment products have suffered over 10 weeks of consecutive outflows ahead of what’s known as “the merge.” Just in case you don’t know, this is Ethereum’s plan to transition to a proof-of-stake system.