HomeCoinsAltcoinAnalyst: Ethereum Demonstrates Strong Momentum as Low-Cap Altcoin Signals Bullish Trend for...

Analyst: Ethereum Demonstrates Strong Momentum as Low-Cap Altcoin Signals Bullish Trend for First Time in 2022

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Crypto Strategist Predicts Big Upside Move for Ethereum (ETH) and Identifies Under-the-Radar Altcoin with Bullish Signal

The crypto market is buzzing with excitement as Ethereum (ETH) is poised for a major upside move, according to a well-known crypto strategist. Bluntz, a popular analyst and trader, has pointed out that Ethereum is showing “serious strength” in both its USD and Bitcoin pairs, indicating a potential bullish trend ahead.

Bluntz, who is known for his expertise in Elliot Wave Theory, believes that Ethereum has completed a three-wave correction and is now ready to embark on a new leg of its bull run. This assessment is supported by a bullish divergence between ETH/BTC’s price action and its relative strength index (RSI), a key momentum indicator.

Currently trading at $3,183, Ethereum has seen a slight dip in the last 24 hours, but Bluntz remains optimistic about its future prospects. In addition to Ethereum, the trader has also identified an under-the-radar altcoin with significant potential – Helium (HNT). This Solana-based project focused on the Internet of Things has shown a bullish divergence with its RSI, indicating a possible trend reversal.

With HNT trading at $5.14 and up over 13% in the last 24 hours, Bluntz’s prediction seems to be gaining traction in the market. As investors eagerly await the next moves in the crypto space, it’s clear that both Ethereum and Helium are attracting attention for their strong performance and potential for growth.

As always, investors are advised to conduct their own research and due diligence before making any investment decisions in the volatile crypto market. The Daily Hodl reminds readers that all investments carry risks, and it’s important to be aware of the potential losses that may occur. Stay tuned for more updates on the latest developments in the crypto world.

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