• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Altcoin

Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins

n70products by n70products
May 9, 2025
in Altcoin
0
Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


A extensively adopted crypto analyst says that the market is gearing up for a reversal after making a powerful transfer to the upside.

In a brand new thread, pseudonymous crypto dealer Crypto Capo tells his 132,000 followers on the moment messaging app Telegram that taking income would be the optimum play as altcoins look primed to crash after a pointy improve.

“Evaluation has been taking part in out as anticipated. Very robust bullish transfer. Bitcoin reached $98,000 and went even greater (deviation above in all probability). Ethereum has reached $2,300. Solana can also be on the $170-200 most important resistance.

Altcoins have pumped 30%-100% What now? I’m taking extra income right here. 50% [took profits] already. Reversal ought to be robust.”

In response to Capo, Ethereum (ETH) – the second-largest digital asset by market cap – has reached its resistance zone and can quickly kind an area prime earlier than making a “robust bearish transfer.”

“The $1,500 help held and value has now reached the resistance zone of $2,000-2,300. Anticipating an area prime formation right here after which a powerful bearish transfer.”

63809819 26CE 4065 92B6 1C8819F013ED
Supply: CryptoCapo/Telegram

ETH is buying and selling for $2,290 at time of writing, an 11.5% improve over the last 24 hours. The dealer’s chart seems to point that Ethereum might dip under $1,200 someday close to June.

Nevertheless, transferring on to ETH rival Solana (SOL), Capo says the sensible contract platform might proceed its upward momentum as it’s outpacing the flagship crypto asset.

“SOL seems to be prepared to succeed in the primary goal of $170-200, outperforming BTC. The Solana ecosystem ought to hold going up.”

01886EC2 44EE 40A9 A963 1E0A5798ECAE
Supply: CryptoCapo/Telegram

Solana is buying and selling for $170.68 at time of writing, a 7% improve over the last day.

Comply with us on X, Facebook and Telegram

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Verify Price Action

Surf The Daily Hodl Mix

&nbsp

Get Alerts

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

Featured Picture: Shutterstock/NextMarsMedia



Source link

Tags: ALTCOINSBullishEthereumHeresMarketMovePrimedReversalStrongTargetTrader
Previous Post

Ethereum’s new staking limit is not a risk to decentralization, says Consensys researcher

Next Post

Scaling Ethereum L1 won’t solve its problems, the future is… – Kyle Samani

Next Post
Scaling Ethereum L1 won’t solve its problems, the future is… – Kyle Samani

Scaling Ethereum L1 won’t solve its problems, the future is... - Kyle Samani

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Judge Partially Grants Coinbase Motion in Compelling SEC To Produce Key Documents, Cites Ripple Case in Order

Judge Partially Grants Coinbase Motion in Compelling SEC To Produce Key Documents, Cites Ripple Case in Order

September 9, 2024
XRP Price To See 64,000% Rally To ,700? Analysts Reveal End Of Year Predictions

XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions

May 23, 2025
Ethereum Must Stay Above ,480 For This Bullish Signal To Hold True – Analyst

Ethereum Must Stay Above $2,480 For This Bullish Signal To Hold True – Analyst

November 3, 2024

Recents

Have cryptocurrencies arrived as an asset class? It’s complicated

Have cryptocurrencies arrived as an asset class? It’s complicated

June 21, 2025
Can holding Bitcoin make you a target? France’s scary new reality

Can holding Bitcoin make you a target? France’s scary new reality

June 21, 2025
Shares of Coinbase and Circle Explode in Value After US Senate Passes Landmark Stablecoin Bill

Shares of Coinbase and Circle Explode in Value After US Senate Passes Landmark Stablecoin Bill

June 21, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report Ripple SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version