Home Ethereum Top Analyst Says One Crypto Asset Poised for Exponential Rise As Ethereum Rallies From ‘Generational Bottom’

Top Analyst Says One Crypto Asset Poised for Exponential Rise As Ethereum Rallies From ‘Generational Bottom’

4 min read

A widely-followed crypto analyst by the title of Good Contracter is looking for a parabolic rally in an under-the-radar altcoin amid Ethereum’s rally to a brand new all-time excessive.

In a brand new tweet, Good Contracter says that FARM, the native token to DeFi challenge Harvest Finance, is probably going about to burst right into a 300% rally.

Harvest Finance is an automatic yield farming protocol that goals to provide customers automated publicity to the very best yielding belongings throughout choose DeFi protocols.

On the time of writing, FARM is buying and selling at $283 in line with CoinGecko, however the dealer says a goal above $1,000 is “inevitable.”

Days earlier than his name on FARM, the favored analyst additionally precisely predicted Ethereum’s dip to round $1,600. With the pullback out of the best way, Good Contracter believes that Ethereum is poised for a 40% surge from its present worth of $2,100.

“Did you purchase the ETH dip anon? $2,000-$3,000 comes after the ABC 0.618 faucet.”

Supply: Good Contracter/Twitter

The crypto analyst can also be bullish on ETH/BTC as he believes the pair has hit its generational backside.

As for Bitcoin (BTC), the closely-followed dealer says that the world’s main cryptocurrency is now poised to achieve a brand new all-time excessive shortly, probably to $70,000.

“Taking a small vacation for every week, so no posting from me. Looking like an up solely week in equities and crypto which I’m nicely positioned for. I feel there’s doubtlessly an early week IHS [inverse head and shoulders] setup brewing however $51,000 was the low in my view.”

Supply: Good Contracter/Twitter

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