Analyst Predicts Things Are About To Get ‘Quite Crazy’ for Ethereum, Says Train Will Move Fast for One Red-Hot Altcoin
A closely followed analyst and trader believes the leading layer-1 platform Ethereum (ETH) is poised for a breakout surge. The pseudonymous trader Inmortal tells his 234,400 followers on the social media platform X that he believes Ethereum is gearing up for a rally toward new all-time high prices. The analyst shares a chart suggesting that ETH has one final resistance level to breach at around $4,000 before erupting to new record levels. “Where we’re going, you won’t need charts. Clean $4,000, and this is going to get quite crazy.” Source: Inmortal/X At time of writing, Ethereum is trading for $3,594. Another altcoin on the trader’s radar is Mantle (MNT), an Ethereum layer-2 scaling solution. Inmortal believes that MNT, which is up about 60% since July, looks primed for a surge toward $1.25. “Keep an eye on MNT. Today we printed a god candle, but I also said this when we were accumulating. It won’t warn you, the tr...