Ethereum

<ul class="news-points"> 
 <li><strong>An analyst shared his predictions for BTC and ETH in an X post yesterday.</strong></li> 
 <li><strong>If ETH can close this week between $1,796 and $2,148, the analyst predicts it could reach $2,200.</strong></li> 
 <li><strong>The analyst also shared that he will remain bullish on BTC as long as it can stay above the $31.5K-$32.5K area.</strong></li> 
</ul> 
<p>A Bitcoin enthusiast and analyst who goes by the name of Pentoshi shared his thoughts and predictions about <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/">BTC and Ethereum (ETH)</a> in an X post yesterday. According to the analyst, if the price of ETH can close this week within the $2,148 and $1,796 range, it could open doors for the altcoin leader to climb to $2,200.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a><br>Closing this weekly back inside the range opens up the doors to $2,200 <br><br>Despite it severely underperforming BTC it's now beginning to enter the demand zone on the btc /eth ratio <br><br>BTC is bullish as long as above the 31.5-32.5k area thus I'll continue to have bullish bias… <a href="https://t.co/Hwoi8jwr2O" target="_blank" rel="nofollow">pic.twitter.com/Hwoi8jwr2O</a></p>— Pentoshi 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f427.png" alt="🐧" class="wp-smiley" style="height: 1em; max-height: 1em;"> euroPeng 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1ea-1f1fa.png" alt="🇪🇺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Pentosh1) <a href="https://twitter.com/Pentosh1/status/1718640104439255086?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 29, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Despite the fact that ETH has been underperforming against BTC recently, the analyst believes that ETH is beginning to enter the demand zone with the BTC/ETH ratio. Meanwhile, CoinMarketCap indicated that, at press …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/eths-path-could-be-cleared-to-reach-2200-analyst/">ETH’s Path Could Be Cleared To Reach $2,200: Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

ETH’s Path Could Be Cleared To Reach $2,200: Analyst

Coin Edition

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