‘This Time for Real’ – Trader Anticipates Ethereum Surge, Revises Projections for Two Lesser-Known Altcoins
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‘This Time for Real’ – Trader Anticipates Ethereum Surge, Revises Projections for Two Lesser-Known Altcoins

An anonymous crypto trader known as Inmortal has shared his bullish outlook on Ethereum (ETH) as well as two other altcoin projects. With a following of 212,000 on X, Inmortal believes that ETH is preparing for a significant rally after rebounding from its support level near $2,900. Inmortal’s chart analysis suggests that Ethereum is on the verge of rallying towards the $3,600 target. Currently, ETH is trading at $3,226.

In addition to Ethereum, Inmortal is optimistic about Seedify.Fund (SFUND), an incubator and launchpad dedicated to blockchain gaming. Noting the double bottom pattern and a 50% dip into support, Inmortal expects SFUND to experience a significant price increase once it surpasses the $3 level. As of now, SFUND is trading at $3.12 with a market cap of $197.841 million.

Another project that has caught Inmortal’s attention is Radix (XRD), a decentralized finance-focused layer-1 blockchain. Inmortal suggests that XRD has undergone more than 500 days of accumulation, indicating that a breakout to the upside is overdue. Inmortal recently purchased some XRD, which is currently valued at $0.055, still significantly down from its all-time high of $0.6513.

It’s important to note that the opinions expressed by Inmortal are not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets. The Daily Hodl, where this information was sourced, does not endorse or recommend the buying or selling of any cryptocurrencies or digital assets.

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