A crypto analyst known in the industry as “DonAlt”, who has 86,000 followers on Twitter, says he’s expecting far higher prices for Ethereum and is setting his sights on $200.

“When I opened my swing ETH long at $100 a month ago, I targeted $200. My macro view is still the same, expecting far higher prices. I’ve been bearish for the last three weeks, that has changed with recent PA & this S/R flip. If I get stopped out I’ll try again lower.”

Right now, the crypto market is mostly red. Bitcoin is down 0.87% at $3,977 after briefly crossing $4,000. Ethereum is down 2.57% at $138.34, and XRP is down 0.88% at $0.3167.

Source: Coin360

As technical analysts read the tea leaves, all eyes are on Bitcoin’s ability to stay above the critical resistance level of $4,000.

Bitcoin

FX Empire – Back in the red – holding onto $4,000 will be key

NewsBTC – High chances of a fresh upward move

Ethereum

Coinnounce – ETH faces hurdles in push to pass $132 resistance

NewsBTC – ETH appears primed For further gains

XRP

FX Empire – Move through to $0.3250 would support another run

Cointelegraph – Breakout above $0.3310 will indicate a likely change in trend

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