An analyst known for making timely crypto calls is revealing his bullish price targets for Ethereum (ETH), including a potential move to five figures.
The pseudonymous analyst DonAlt tells his 788,700 followers on X that it is within the realm of possibility for Ethereum to surge to five figures.
“Target for ETH is $4,000. If we’re strong there, $10,000. If we’re not, $4,000 it is.
I’ll probably sell halfway into the rally as usual. You guys will call me washed and rinse, repeat. Nothing ever changes.”
With Ethereum trading above $2,400, DonAlt unveils the next technical resistance for ETH.
“Sometimes it’s really that easy. Man, this is fun. The market should do this more often. Next resistance is $4,000.”
At time of writing, Ethereum is trading at $2,419.
Looking at Bitcoin (BTC), DonAlt believes that the flagship cryptocurrency can potentially rally to as high as $90,000.
“Already retraced 25% of the bear market. How about we make it 50%?”
At time of writing, Bitcoin is worth $76,429.
As for his timeline to unload his crypto, the analyst says he plans to hold his digital asset stack for multiple months.
“I’m not selling. Come back to me in three to six months and then we can talk about it. Doesn’t matter where the price goes. I won’t sell unless a couple of months have passed. Ready to round-trip the entire thing if need be.”
Generated Image: Midjourney