An acclaimed crypto analyst who called the 2018 Bitcoin bottom (BTC) is bullish about one top Ethereum rival (ETH).
Smart Contracter, pseudonymous trader tells his 221,800 Twitter followers that Fantom’s (FTM) price chart looks “really good.”
“I’m liking FTM here, solid 17% dip, bouncing from key support and structure so far has only been a 3 wave move down. Worth the effort. [in my opinion].”
FTM is currently worth $0.468. Although the crypto asset is ranked 43rd by market capital, it has seen a drop of 2.36% over the last 24 hours, but has risen more than 135% since the beginning of the year.
Smart Contracter is also available bullish On the governance token for Frax (FXS stablecoin protocol).
“Really liking FXS here, beautiful 5 wave rise from the lows and 3 wave move back down to the 0.618. Expecting trend continuation from here upwards of 40%.”
FXS traded at $7.90 at the time of writing. In the last 24 hours, FXS has fallen more than 2.5% to rank 80th in crypto assets by market capital.
Smart Contracter is the best crypto asset in terms of other assets. says he’s now an “ETH maxi” because the second-ranked crypto asset by market cap passed a target value against Bitcoin in the first quarter of 2023.
Ethereum traded at $1.734 at the time of writing. That’s a decrease of 3.75% over 24 hours.
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Disclaimer: The Daily Hodl’s opinions do not constitute investment advice. Investors are advised to do their homework before investing in high-risk digital assets, including Bitcoin and cryptocurrency. You are responsible for any losses you might incur and all transfers and trades that you make. The Daily Hodl is not an investment advisor and does not recommend buying or selling any digital assets or cryptocurrencies. The Daily Hodl is an affiliate marketer.
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