Ethereum

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 A closely followed crypto trader says Ethereum (ETH) is gearing up for a rally, and that he’s 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 “real” rally after bouncing off support near $2,900.
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 “This time for real.
 ETH.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GLn-vqQW4AAdzFc?format=jpg&amp;name=medium" alt="Image" width="1200" height="603">
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 Source: Inmortal/X
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 Looking at the trader’s chart, he seems to predict that Ethereum is almost ready to rally toward his target at around $3,600.
 At time of writing, Ethereum is trading at $3,226.
 The analyst is also bullish on Seedify.Fund (SFUND), an incubator and launchpad specializing in blockchain gaming.
 “Wow.
 &gt; Double bottom &gt; -50% dip into support
 Last time we dipped into this zone price bounced +100%
 SFUND.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GLn_eRiWoAAkjR-?format=png&amp;name=4096x4096" alt="Image" width="2475" height="1243">
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 Source: Inmortal/X
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 Inmortal also says once SFUND breaches the $3 level, that’s when the “magic” will happen. At time of writing, SFUND is trading for $3.12 at a $197.841 million market cap.
 The trader also has his radar locked on Radix (XRD), a decentralized finance (DeFi) focused layer-1 blockchain project.
 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.
 Says the trader,
 “Retesting a +500 days accumulation
 Just bought some.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GLoBnE5XgAAvGF-?format=png&amp;name=4096x4096" alt="Image" width="2475" height="1243">
 <figcaption class="wp-caption-text">
 Source: Inmortal/X
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 At time of writing, XRD is worth $0.055, still more than 91% down from its all-time high of $0.6513.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-time-for-real-trader-predicts-ethereum-rally-updates-forecast-on-two-low-cap-altcoins-tbt85986.html">https://thebittimes.com/this-time-for-real-trader-predicts-ethereum-rally-updates-forecast-on-two-low-cap-altcoins-tbt85986.html</a>

‘This Time for Real’ – Trader Predicts Ethereum Rally, Updates Forecast on Two Low-Cap Altcoins

TheBitTimes

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