{"id":287428,"date":"2024-04-22T15:10:37","date_gmt":"2024-04-22T09:40:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=287428"},"modified":"2024-04-22T15:10:37","modified_gmt":"2024-04-22T09:40:37","slug":"this-time-for-real-trader-predicts-ethereum-rally-updates-forecast-on-two-low-cap-altcoins-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/this-time-for-real-trader-predicts-ethereum-rally-updates-forecast-on-two-low-cap-altcoins-crypto-news\/","title":{"rendered":"\u2018This Time for Real\u2019 \u2013 Trader Predicts Ethereum Rally, Updates Forecast on Two Low-Cap Altcoins &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A closely followed crypto trader says Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) is gearing up for a rally, and that he\u2019s bullish on two other altcoin projects.<\/p>\n<p>Pseudonymous analyst Inmortal <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/inmortalcrypto\/status\/1781735231633985723\">tells<\/a> his 212,000 followers on the social media platform X that ETH is setting up for its \u201creal\u201d rally after bouncing off support near $2,900.<\/p>\n<p><em>\u201cThis time for real.<\/em><\/p>\n<p><em>ETH.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: Inmortal\/X<\/figcaption><\/figure>\n<p>Looking at the trader\u2019s chart, he seems to predict that Ethereum is almost ready to rally toward his target at around $3,600.<\/p>\n<p>At time of writing, Ethereum is trading at $3,226.<\/p>\n<p>The analyst is also bullish on Seedify.Fund (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/seedify-fund\/\">SFUND<\/a>), an incubator and launchpad specializing in blockchain gaming.<\/p>\n<p><em>\u201cWow.<\/em><\/p>\n<p><em>&gt; Double bottom<\/em><br \/><em>&gt; -50% dip into support<\/em><\/p>\n<p><em>Last time we dipped into this zone price bounced +100%<\/em><\/p>\n<p><em>SFUND.\u201d<\/em><\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GLn_eRiWoAAkjR-?format=png&amp;name=4096x4096\" alt=\"Image\" width=\"2475\" height=\"1243\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/inmortalcrypto\/status\/1781766031628984737\">Inmortal\/X<\/a><\/figcaption><\/figure>\n<p>Inmortal also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/inmortalcrypto\/status\/1780811995320832045\">says<\/a> once SFUND breaches the $3 level, that\u2019s when the \u201cmagic\u201d will happen. At time of writing, SFUND is trading for $3.12 at a $197.841 million market cap.<\/p>\n<p>The trader also has his radar locked on Radix (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/radix\/\">XRD<\/a>), a decentralized finance (DeFi) focused layer-1 blockchain project.<\/p>\n<p>According to Inmortal, XRD has gone through more than 500 days of accumulation, implying that a breakout of the range to the upside is overdue.<\/p>\n<p>Says the trader,<\/p>\n<p><em>\u201cRetesting a +500 days accumulation<\/em><\/p>\n<p><em>Just bought some.\u201d<\/em><\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/GLoBnE5XgAAvGF-?format=png&amp;name=4096x4096\" alt=\"Image\" width=\"2475\" height=\"1243\" \/><figcaption class=\"wp-caption-text\">Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/inmortalcrypto\/status\/1781801263916888500\">Inmortal\/X<\/a><\/figcaption><\/figure>\n<p>At time of writing, XRD is worth $0.055, still more than 91% down from its all-time high of $0.6513.<\/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>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" 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><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A closely followed crypto trader says Ethereum (ETH) is gearing up for a rally, and that he\u2019s bullish on two other altcoin projects. Pseudonymous analyst Inmortal tells his 212,000 followers on the social media platform X that ETH is setting up for its \u201creal\u201d rally after bouncing off support near $2,900. \u201cThis time for real. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":196854,"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-287428","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\/287428","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=287428"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287428\/revisions"}],"predecessor-version":[{"id":287430,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/287428\/revisions\/287430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/196854"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=287428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=287428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=287428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}