Ethereum Price Prediction: A Move to $6,000 Imminent? Cardano Whales Look at Digitap as a Better Prospect
The post Ethereum Price Prediction: A Move to $6,000 Imminent? Cardano Whales Look at Digitap as a Better Prospect appeared first on Coinpedia Fintech News
After a nasty dip in October, both the ETH price and the price of Cardano have started to show signs of rebounding. But many whales consider them weak. Although influencers like The Long Investor and Rand still believe Ethereum and Cardano are good altcoins to buy, whales are now focusing more on Digitap ($TAP).
This crypto presale gem is now nearing phase three, having provided early buyers with a 137% return as well as raising over $1.7 million in record time. As Digitap also revolutionizes the cross-border payments market, whales believe it may even have the most room for growth in the crypto space.
Ethereum May Experience a Pump to $6,000 – Levels To WatchAs one of the best cryptos, Ethereum has shown some green price charts again. CoinMarketCap data points to the ETH price soaring from around $3,500 to nearly $3,600 in the past seven days. This is still a far cry from the Ethereum value peak of $4,200 on the 30D timeframe.
However, influencer The Long Investor thinks this uptrend will continue for the Ethereum coin. According to his X post, ETH is now moving to the $4,000 level, which it must hold. If it takes this level as support, a pump to $6,000 may follow for the ETH price.
$ETH is moving to $4000 where the battle will take place
Take $4000 as support and $6000 is imminent pic.twitter.com/edwgclR5rO
Nevertheless, TradingView does not back up this Ethereum price prediction. Notably, both its bull bear power and its momentum indicator are now sinking into the sell zone. This means bearish pressure is rising, potentially leading to more drops for the ETH price.
Cardano Quietly Building Momentum, an Upswing Ahead?Cardano is another one of the top 10 altcoins to buy at the moment, seeing a rebound, too. On the one-week chart, the price of Cardano increased from around $0.50 to over $0.60 as per CoinMarketCap.
People are also excited since Rand made a bullish Cardano price prediction. In a recent post, Rand informed his X community that the Cardano crypto is now pushing to trigger a bullish reversal from its downtrend resistance. This may lead to a rally for the price of Cardano above $0.65.
$ADA pushing to trigger the bullish reversal on the local downtrend resistance 