Top Crypto Analyst Turns Bullish on Ethereum Rival That’s Up 135% This Year

A preferred crypto analyst recognized for calling the 2018 Bitcoin (BTC) backside is bullish on one high Ethereum (ETH) rival.

Pseudonymous dealer Sensible Contracter tells his 221,800 Twitter followers that Fantom’s (FTM) value chart appears to be like “actually good.”

“I’m liking FTM right here, stable 17% dip, bouncing from key help and construction thus far has solely been a 3 wave transfer down. Price an extended [in my opinion].”

Supply: Sensible Contracter/Twitter

FTM is value $0.468 at time of writing. The Forty third-ranked crypto asset by market cap is down 2.36% prior to now 24 hours however stays up greater than 135% for the reason that begin of the 12 months.

Sensible Contracter can also be bullish on the governance token for the Frax (FXS) stablecoin protocol.

“Actually liking FXS right here, stunning 5 wave rise from the lows and three wave transfer again all the way down to the 0.618. Anticipating development continuation from right here upwards of 40%.”

Supply: Sensible Contracter/Twitter

FXS is buying and selling at $7.90 at time of writing. The Eightieth-ranked crypto asset by market cap is down greater than 2.5% prior to now 24 hours.

When it comes to different crypto belongings, Sensible Contracter says he’s now an “ETH maxi” as a result of the second-ranked crypto asset by market cap handed a goal worth towards Bitcoin within the first quarter of 2023.

Ethereum is buying and selling at $1,734 at time of writing, down 3.75% prior to now 24 hours.

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