Altcoin strategist Sherpa predicts a major ETH rally as he outlines price targets for DOT and FTT.

Traders expect ETH / BTC to rise in the coming months.

“I think the ETH / BTC pair will continue to fluctuate over the next few weeks / months before a big move later this year / Q1 2022. It could move a little higher before making a lower high in the short term. . In my opinion, Ethereum won’t outperform BTC in the coming weeks. ETH / USD hits new all-time high. ”

The source: Altcoin Sherpa / Twitter

He believes the ETH / BTC pair will correct in the final months of 2021 before triggering a major rally in January.

As for ETH / USD, the trader said it will climb to around $ 4,800 next month.

Source: Altcoin Sherpa / Twitter

The strategist is also observing the price development of the Polkadot blockchain and sees a consolidation of Polkadot versus Bitcoin (DOT / BTC) by the end of the year before a strong rally in early 2022.

“Expect more from the BTC pair … I think they have good catalysts for a very strong rally towards the end of the year.”

The source: Altcoin Sherpa / Twitter

According to the chart, the DOT / BTC pair could rise above 0.0011 BTC ($ 66.42) in February 2022, a potential increase of nearly 60% from its current price of 0.00072 BTC ($ 43.47) .

Looking at the FTX (FTT) crypto derivatives exchange native token, Altcoin Sherpa outlines a potential target at $ 80 as it breaks the resistance at $ 67.35.

The source: Altcoin Sherpa / Twitter

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Annie

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page