Popular analyst updates his view on Ethereum (ETH), Solana, and other cryptos for this end of the year.
Altcoin sherpa, a pseudonymous crypto trader on social media platform X told his 222.400 followers that he expects a full send phase in the cryptocurrency market around December or possibly early next year.
“I honestly don’t know what I will think until late Q4 when I am bullish. Expecting some chop in Sept/October, and some fakeouts for November. If you want to send the full amount by December/January 2020, .”.
The trader does not see any reason for the trader to be bullish about Ethereum.
He notes, however, that the recent correction of the price into a volume-heavy area suggests that ETH has a strong base.
The only thing that I can see in this chart as a positive is the fact that the price is going to reach a node with high volumes around $2,200-$2,400. ..”
Ethereum currently trades at $2.438.
Altcoin sherpa is also keeping an eye on Solana – Ethereum’s main rival.
Analysts say that Solana has reached his limit of support for $125 after several touches.
I would save money by trading at lower levels, like $10 or below. In my opinion, it is better to trade late rather than early on these charts. It’s best to purchase on the rise rather than at knife-catch.
SOL currently trades at $130.25.
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The post, Trader Unveils Timeline of ‘Full-Send’ Crypto Rallies Updates Forecast for Ethereum & Solana can be updated as new information becomes available.
