{"id":187919,"date":"2023-11-06T06:36:20","date_gmt":"2023-11-06T01:06:20","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=187919"},"modified":"2023-11-06T06:36:20","modified_gmt":"2023-11-06T01:06:20","slug":"crypto-strategist-predicts-rallies-for-ethereum-and-three-eth-based-altcoins-here-are-his-targets-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-strategist-predicts-rallies-for-ethereum-and-three-eth-based-altcoins-here-are-his-targets-crypto-news\/","title":{"rendered":"Crypto Strategist Predicts Rallies for Ethereum and Three ETH-Based Altcoins \u2013 Here Are His Targets &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed crypto analyst believes that Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) and three other altcoins in its ecosystem are primed for surges.<\/p>\n<p>Pseudonymous analyst Kaleo tells his 601,300 followers on the social media platform X that Ethereum is threatening to take out its diagonal resistance at $1,900.<\/p>\n<p>According to a chart shared by the analyst, Ethereum may rally to as high as $2,100 following a breakout.<\/p>\n<p><em>\u201cConsidering it is a diagonal season, the fun for ETH should really start whenever it clears $1,900.\u201d<\/em><\/p>\n<figure style=\"width: 1808px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1720561536236654699\">Kaleo\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, Ethereum is trading for $1,854.<\/p>\n<p>The crypto strategist is also keeping an eye on the Ethereum scaling solution Arbitrum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/arbitrum\/\">ARB<\/a>). Kaleo says that ARB has already flipped a key diagonal resistance into support and may rally to as high as $1.30.<\/p>\n<p><em>\u201cARB also looks primed for new highs after breaking out\/retesting a high time frame resistance.<\/em><\/p>\n<p><em>I\u2019d like to see a move back to the mid-August breakdown level (~$1.15) followed by the July highs in the $1.30s.\u201d<\/em><\/p>\n<figure style=\"width: 1805px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/F-CkGXNXIAA6zRS?format=jpg&amp;name=large\" alt=\"Image\" width=\"1805\" height=\"818\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1720556043363582267\">Kaleo\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, ARB is worth $1.10.<\/p>\n<p>Next up is layer-2 protocol and Arbitrum rival Optimism (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/optimism\/\">OP<\/a>). According to Kaleo, OP appears to be following in the footsteps of ARB after taking out a multi-month diagonal resistance.<\/p>\n<p><em>\u201cCan\u2019t mention ARB without taking a look at OP\u2026<\/em><em>\u00a0<\/em><\/p>\n<p><em>A pretty clear flag forming beneath it \u2013 looks ready for a pushback toward the August highs near $2.00.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 1803px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/F-Ck1NBWkAIBuYF?format=jpg&amp;name=large\" alt=\"Image\" width=\"1803\" height=\"815\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1720556598278398042\">Kaleo\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, OP is worth $1.529, above Kaleo\u2019s diagonal resistance.<\/p>\n<p>The last Ethereum-based altcoin on the trader\u2019s radar is the native asset of the non-fungible token (NFT) marketplace Blur (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/blur\/\">BLUR<\/a>). Kaleo shares a chart suggesting that BLUR is in an uptrend after breaking above its diagonal resistance.<\/p>\n<p><em>\u201cBLUR looks like it\u2019s ready to start the climb back to $0.50.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 1809px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/F-BSmGQXwAAxVKw?format=jpg&amp;name=large\" alt=\"Image\" width=\"1809\" height=\"815\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoKaleo\/status\/1720466260306034769\">Kaleo\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, BLUR is trading at $0.30.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Featured Image: Shutterstock\/Digital Store\/oneshot1<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto analyst believes that Ethereum (ETH) and three other altcoins in its ecosystem are primed for surges. Pseudonymous analyst Kaleo tells his 601,300 followers on the social media platform X that Ethereum is threatening to take out its diagonal resistance at $1,900. According to a chart shared by the analyst, Ethereum may [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":187920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-187919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/187919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=187919"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/187919\/revisions"}],"predecessor-version":[{"id":187922,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/187919\/revisions\/187922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/187920"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=187919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=187919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=187919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}