Top Crypto Analyst Turns Bullish on Ethereum Rival That’s Up 135% This Year
“I’m liking FTM here, solid 17% dip, bouncing from key support and structure so far has only been a 3 wave move down. Worth a long [in my opinion].”
FTM is worth $0.468 at time of writing. The 43rd-ranked crypto asset by market cap is down 2.36% in the past 24 hours but remains up more than 135% since the start of the year.
“Really liking FXS here, beautiful 5 wave rise from the lows and 3 wave move back down to the 0.618. Expecting trend continuation from here upwards of 40%.”
FXS is trading at $7.90 at time of writing. The 80th-ranked crypto asset by market cap is down more than 2.5% in the past 24 hours.
In terms of other crypto assets, Smart Contracter says he’s now an “ETH maxi” because the second-ranked crypto asset by market cap passed a target value against Bitcoin in the first quarter of 2023.
Ethereum is trading at $1,734 at time of writing, down 3.75% in the past 24 hours.
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