Ethereum

Bitcoin

Coin

<ul class="news-points"> 
 <li>KALEO, a crypto trader and analyst, predicted that BTC’s market dominance may experience a correction.</li> 
 <li>BTC’s market dominance dropping may give altcoins a chance to print gains in the next few weeks.</li> 
 <li>Meanwhile, Ali predicted that ETH could climb to as high as $2,750 if it’s able to overcome the next supply zone.</li> 
</ul> 
The crypto trader and analyst KALEO predicted in a tweet yesterday that <a href="https://coinedition.com/bitcoin-btc-price-prediction/" target="_blank" rel="noreferrer noopener">the market dominance of Bitcoin (BTC)</a> may retest a higher timeframe support which was successfully challenged earlier this month. In his <a href="https://twitter.com/CryptoKaleo/status/1673442535119699968" target="_blank" rel="nofollow">post</a>, the trader added that this will not necessarily be an indication of an altcoin season, but will definitely provide a few weeks for altcoins to post some gains. 
Meanwhile, another trader and analyst by the name of Ali revealed a major supply wall which <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" target="_blank" rel="noreferrer noopener">Ethereum (ETH)</a> will have to overcome in a <a href="https://twitter.com/ali_charts/status/1673469437972992001" target="_blank" rel="nofollow">tweet</a> earlier today. According to the trader, 832,640 addresses bought more than 26 million ETH between $2,000 and $2,060. Should the altcoin leader overcome this resistance zone, he predicted that its price may climb to $2,750. 
<figure class="wp-block-image size-full">
 <img decoding="async" width="904" height="446" src="https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1.png" alt="" class="wp-image-304347" srcset="https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1.png 904w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-300x148.png 300w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-313x154.png 313w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-380x187.png 380w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-768x379.png 768w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-696x343.png 696w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-127x63.png 127w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-159x78.png 159w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-255x126.png 255w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-795x392.png 795w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-440x217.png 440w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-414x204.png 414w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-326x161.png 326w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-377x186.png 377w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-328x162.png 328w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-144x71.png 144w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-123x61.png 123w, https://coinedition.com/wp-content/uploads/2023/06/BTC-price-Source-CoinMarketCap-1-129x64.png 129w" sizes="(max-width: 904px) 100vw, 904px">
 <figcaption class="wp-element-caption">
 BTC price (Source: <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">CoinMarketCap</a>)
 </figcaption>
</figure> 
At press time, BTC was trading at $30,260.92, according to CoinMarketCap. Altho…
The post <a rel="nofollow" href="https://coinedition.com/trader-predicts-that-eth-may-climb-as-high-as-2750-soon/">Trader Predicts That ETH May Climb as High as $2,750 Soon</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Trader Predicts That ETH May Climb as High as $2,750 Soon

Coin Edition

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