Promising Ethereum-Backed Cryptocurrency Poised for Remarkable Success, According to Leading Crypto Expert
A renowned crypto trader, Bluntz, is drawing significant attention as he predicts a major breakout for a strong Ethereum (ETH)-based altcoin.
With a large following of 223,000 Twitter users, Bluntz points out that the indexing protocol, The Graph (GRT), is exhibiting a price pattern suggesting a potential 150% surge from its current value. GRT recently broke out of an ascending triangle and completed an Elliot Wave Theory three-wave correction pattern, labeled A, B, and C. Bluntz expresses enthusiasm for GRT’s prospects, stating that there are numerous favorable setups in the market. Additionally, Bluntz focuses on Ethereum itself, noting that it has broken out of a descending triangle.
He highlights ETH’s growing strength against Bitcoin (BTC) on the ETH/BTC chart. Bluntz expresses excitement about the current state of the crypto market, stating that it’s a great time to gain exposure to ETH and targeting new highs. Finally, he remarks on Bitcoin’s recent rally, erasing the two-month-long downward movement in just one weekly candle, reaffirming the appeal of cryptocurrency as the best asset class to trade.
Clever Robot News Desk 26th June 2023