Crypto analyst DonAlt revealed his predictions for XRP, Ethereum (ETH) and Dogecoin (DOGE). Expressing the bullish trend about Ethereum, DonAlt seems hopeful about the recent ETH performance. The analyst claimed that if Ethereum manages to turn a significant resistance level into support, it could rise by about 36% from current levels:
I think we can see a nice increase in ETH… We had a breakout attempt which was immediately closed at around $1,900 but we did not get any follow-up. If you don’t get any following in bullish moments like this, you’re likely to crawl again. Anytime we close above $1,900, we can rise towards $2,500.
Commenting on Ripple as well, DonAlt says that the sixth largest crypto asset by market cap is showing signs of a possible breakout. According to the analyst, the upcoming decision on the US Securities and Exchange Commission (SEC) case against Ripple is fueling interest in XRP:
XRP has the same kind of setup as Litecoin, only slightly stronger than Litecoin. This is due to people speculating that the SEC lawsuit is going well for Ripple. It also goes up in a ladder pattern and it kind of looks like it just wants to go!
On the other hand, commenting on the popular memecoin project Dogecoin (DOGE), the analyst states that DOGE’s reputation has been damaged quite a lot in recent weeks and the price action is in a continuous downward trend:
I think the DOGE has been a bit damaged. I did a bit of a DOGE trade with Elon Musk changing the Twitter logo. I caught the rising wave to $0.10 by buying at the $0.076 levels for Doge. Because I saw it too early and held it in my hand. Elon Musk looked like he could do more. But he finished the job just by pumping and dumping. Many fractals appear for Dogecoin. There is always an upward movement and a downward movement. This is obviously not nice.