A popular crypto trader has set price targets for Ethereum (ETH), XRP and Aptos (APT) while updating positions in another altcoin.
Pseudonym Trader Altcoin Sherpa To tell His 189,700 Twitter followers say Ethereum, a leading smart contract platform, is testing key support levels at around $1,500 and is on track for a further 31% rise. .
He revealed a price target of just over $2,000.
“ETH: 200 day EMA (exponential moving average), you will get support first. Let’s see if this holds.”
At the time of writing, Ethereum is trading at $1,549.
Then Altcoin Sherpa To tell Payments-focused XRP “looks good” after a long period of consolidation and underperforming the rest of the market. With his $0.44 resistance he sets an upside target of $0.50.
“This chart looks good. It hasn’t changed much compared to the rest of the market and there’s been a lot of consolidation going on. That being said, there’s not a lot of narrative about this. Old like this sh*tcoin will start moving randomly.”
XRP is valued at $0.40 at the time of writing.
trader To tell Already up 112% over the past seven days, Solana’s (SOL) rival Aptos has more gas left in its tank. According to Altcoin Sherpa, APT could rise to $23.70 in the short term with Fibonacci extension.
At the time of writing, Aptos is trading at $16.10.
Sherpa at the end To tell Ethereum staking service Lido (LDO) is likely nearing the end of its rally and needs an adjustment.
“LDO: This will plateau soon IMO. Personally, I would look for other coins to replace this coin.”
At the time of writing, Lido is worth $2.39.
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Featured image: Shutterstock/monkographic/Mia Stendal
