Crypto analyst gave a target for ETH: Rally signal in altcoins!

Ethereum (ETH), which is priced in a critical area before the Fed interest rate decision, may light the fuse of the altcoin rally.

It can be said that the decision day has come for ETH, which has not been able to exceed $ 2400 for a long time. The Fed interest rate decision to be announced at 21:30 TSI will determine the fate of cryptocurrencies. Altcoin investors in particular are waiting for the result of the Fed interest rate decision. Altcoins, which have been performing poorly compared to Bitcoin, may start a rally led by ETH. So what does Wolf, known for his crypto analyses, think about Ethereum?

Ethereum, which changed hands at $ 2332 as of the writing of the news, will give confidence to investors if it maintains the green area. The pioneer of altcoins, which is currently holding on to this area, can target $ 2750 - 3000 - 3294 - 3700 and $ 4078 respectively if it breaks $ 2534. In this process, the Fed's interest rate decision and BTC's price movements will be decisive.

Factors such as the interest rate decision not meeting expectations or $BTC breaking $ 60,000 downward will increase sales in $ETH . In such a scenario, pullbacks to $ 2109 - 1930 and $ 1761 may occur, respectively.

Wolf, who has 105 thousand followers on X, surprised everyone with his ETH analysis the other day. The crypto expert, who gives a target based on technical analysis, thinks that ETH can reach the $ 10,000 - $ 13,000 range in 2025. According to Wolf, the critical resistance in Ethereum is the $ 3700 - $ 4000 range. Breaking this region and retesting it later could start the journey to $ 13,000.

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