September 28, 2022

A popular crypto strategist says a clear rally is in sight for leading smart contract platform Ethereum (ETH).

Cryptocurrency analyst known in the industry as Kaleo tells his 531,000 Twitter followers that Ethereum has broken out of its diagonal resistance against Bitcoin (ETH/BTC) and the pair looks set for a new leg.

“ETH/BTC looks poised to finally break higher… This is bullish.”

Source: Kaleo/Twitter

At the time of writing, the ETH/BTC pair is trading for 0.073 BTC ($1,675).

Kaleo is also bullish on BNB, the utility token of cryptocurrency exchange giant Binance. According to the crypto strategist, BNB looks strong as it prints a new all-time high against Bitcoin.

“BNB/BTC is a real pool. Continuing higher on price discovery today.”

Source: Kaleo/Twitter

Looking at Bitcoin itself, Kaleo predicts a short pullback for BTC to around $22,000 before the crypto king reaches its $28,000 target.

“It will happen but you won’t believe it.”

Source: Kaleo/Twitter

The latest crypto asset on the trader’s radar is the Litecoin (LTC) peer-to-peer payment protocol. According to Kaleo, LTC is looking bullish against Bitcoin (LTC/BTC) after the pair broke out of a major resistance.

“One of the scariest things in the market right now is the bullishness of Litecoin. LTC/BTC multi-year high time frame, tick above it on low time frame.”

Source: Kaleo/Twitter

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Disclaimer: The views expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and that any losses are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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