Top Analyst Says Ethereum (ETH) is on the verge of cracking, calls an exchange token an ‘actual tank’

Top Analyst Says Ethereum (ETH) is on the verge of cracking, calls an exchange token an ‘actual tank’

A popular crypto strategist says a breakout rally is on the horizon for leading smart contract platform Ethereum (ETH).

Known in the industry as Kaleo, the crypto analyst tells his 531,000 Twitter followers that Ethereum has broken out of its diagonal resistance against Bitcoin (ETH/BTC) and the pair seems poised for a fresh bounce.

“ETH/BTC seems poised to finally tear higher… This is bullish.”

pictureSource: Kaleo/Twitter

At the time of writing, the ETH/BTC pair is trading for 0.073 BTC ($1,675).

Kaleo is also bullish on BNB, crypto exchange giant Binance’s utility token. According to the crypto strategist, BNB is looking strong as it prints a new all-time high against Bitcoin.

“BNB/BTC is a real tank. Further higher in pricing today.”

pictureSource: Kaleo/Twitter

Looking at Bitcoin itself, Kaleo predicts a brief pullback for BTC to around $22,000 before the crypto king recovers to its $28,000 target.

“Will happen, but you wouldn’t believe it.”

pictureSource: Kaleo/Twitter

The last crypto asset on the trader’s radar is the peer-to-peer payment protocol Litecoin (LTC). According to Kaleo, LTC is looking bullish against Bitcoin (LTC/BTC) after the pair broke a major resistance.

“One of the scariest things in the market right now is how bullish Litecoin is looking. Multi-year LTC/BTC breakout on high timeframe going beyond on low timeframe.”

pictureSource: Kaleo/Twitter
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