Get Ready for Big Earnings! Josh Moden Warns For Ethereum (ETH) And 4 Altcoins!
Recently, an important announcement for 4 altcoins including Ethereum ( ETH ) was published on the CryptoBusy channel . Accordingly, popular analyst Josh Moden expects serious price movements in 5 altcoins in the coming days. The loosening of Bitcoin’s market dominance has started to create a playground for altcoins, the hot money in the market can travel to different altcoins and give them serious pricing. So, which are the 4 altcoins that will experience a big rise with Ethereum ( ETH )?
At the top of the list, of course, is Ethereum (ETH). At the time of the video, Ethereum ( ETH ) was trading at $ 4,446, while at the time of writing, the price is again above $ 4,500. The analyst mentioned in the video that the $4,270 region could be tested, although he couldn’t quite get close, the price slackened to $4,334 during the day.
Thinking that the movement in the volume will quickly pull the momentum up, Moden believes that the critical resistance area of $ 5,075 will be exceeded.
Second on Moden’s list is Cardano ( ADA ). At the time of the video, ADA was trading at $1.90. However, at the time of writing, it has already reached $2. The price rose as high as $2.04 during the day. Moden says that ADA has come out of the bearish channel in volume and will therefore visit the $2.4 region.
According to the analyst, maintaining $2.4 as support will quickly see prices of $2.65. The analyst, who thinks that the bulls are now fully back, is waiting for new movements towards the ATH region.
At the time of writing, XRP, which found buyers at $ 1.15, is in a critical region. Moden gives hope to XRP investors, saying that the price is now taking firm steps in the uptrend and wants to be ready to explode. If the 1.14 region can be protected, we could witness an XRP price suddenly jumping to $1.4.
Conversely, increasing selling pressure can trigger a return to $1.10 and $1.
Verasity ( VRA ) is an initiative that allows content creators to make money with what they produce and advertisers to get their money’s worth. At least they say that’s what they’re trying to do. When Josh Moden shared the video, the price was $ 0.07. At the time of writing, the price is almost the same, but the region of 0.075 was visited during the day.
Saying that the price will test the demand at $ 0.068, Moden has not yet reached its target. Verasity ( VRA ) has bounced back from the 0.0695 region and is currently priced at $0.0751. According to the analyst, the necessary test takes place and if enough support comes, the price should reach $0.09 and rise higher.
Last on the list is a decentralized finance protocol that offers exposure to a wide variety of crypto and non-crypto assets via blockchain. Synthetic ( SNX ) was priced at $10.5 at the time the video was shot. As of 23:32 today, the price has already slackened to $10.17. Zone 9.74 was tested during the day.
According to the analyst, SNX continues to consolidate in the region where it has been stuck for a long time. Moden, who believes that the price will come out of this, argues that $14.5 will be seen quickly.